Page 221 - 1-37
P. 221

TRANSFORMING         TRANSFORMING         TRANSFORMING
 SUSTAINABILITY REPORT  FY 2023                      COMMUNITIES           THE PLANET         THE WORKPLACE
















 Having a strong network is crucial, since it   Emerging Leaders Program: Nurturing Talent for Future Leadership
 facilitates an avenue to provide employees with
 clarity in terms of their roles, responsibilities, and   Our Emerging Leaders programme embodies   In line with this, an initiative was launched
 functional requirements.  our belief in "Leadership from Within" and our   to identify 100 Top-Quality young minds

 dedication to cultivating a robust leadership   with solid Pedigree, Performance and
 Measuring Employee Performance: At Vedanta,   pipeline. The principal objectives of the
 we follow a robust system of having well-defined   programme are:  Potential (3Ps) and place them in No.2
 Key Performance Indicators(KPIs) and Key Result   leadership Roles/Positions across
 Areas (KRAs) in place, with the help of which we   •  To identify high-potential employees and   Businesses/ SBUs/Functions
 assess the performance of our employees   develop them into future leaders.   2.5%
 periodically. This exercise is supported by data and   A pool of 3,000 employees was   improvement in
 tools and platforms like Synergita and Darwinbox,   •  Ensure diversity in front-line decision-making   identified basis desktop shortlisting.
 which help us to analyse gaps and periodic trends.   roles, promote a range of perspectives and   These individuals underwent varied kind   employee
 We are also supported by our project management   experiences.  of assessments evaluating their   satisfaction score
 partners Deloitte and Korn Ferry.  competencies and proficiencies in
 •  Provide high-impact roles to identified talent.  Business Acumen, Volume, Cost, R&R,

 By taking a well-structured, data based approach   •  Facilitate cross-business and location   HSE, Business Partner Management,
 to the different aspects of workforce planning and   movements, thereby exposing emerging   Best Practices, Data Analytics,
 management, we ensure that our talent pipeline   leaders to diverse environments and   Digitization and other qualitative
 remains equipped to handle the demands of a   experiences.  information. A series of workshops/panel
 fast-growing organization.  engagements with the participants and
                     high potential leaders were conducted to
                     identify top performers.
 Promoting learning for transformational growth

                     This unique initiative helped us in
 Capacity Building of Senior Management on ESG
                     identifying young talent and elevating
 The commitment of our leadership and the   them to significantly higher roles thus,
 engagement of our employees play a crucial role in   catering to aspirations and ambitions of
 advancing our ESG initiatives. We have   young and talented minds. The initiative
 successfully implemented an essential ESG   has played a pivotal role in increasing
 training programme, called Sustainability 101, for   employee retention and thereby
 our senior managers and it is  now being extended   reducing the attrition rate in FY22 from
 across the entire organization. This comprehensive   11.15% to 8.86% in FY23.
 programme is designed to deepen employees’
 understanding of ESG-related issues, challenges,
 opportunities, and their relevance for our business
 operations. By raising awareness and sensitivity
 among our employees, we hope to cultivate a
 culture of sustainability and align our collective
 efforts towards achieving our ESG goals.









                                                                                                             111
   216   217   218   219   220   221   222   223   224   225   226