OMPL wins BML Munjal awards for Business Excellence through Learning and Development
The annual BML Munjal Award for 'Business Excellence through Learning and Development' recognizes organizations that have successfully created and implemented innovative strategies for learning and development, using people development as a tool to achieve Business Excellence. The awards also recognize organizations that have used their training initiatives to create competitive advantages and enable growth for their companies.
As part of the evaluation, OMPL competed against top PSUs spread across 4 rounds. The 3rd round involved 11 PSUs required making a presentation to the Expert Panel Group on Business Performance Indicators, Learning Initiatives and Investment and Enablers for Learning & Development. OMPL was shortlisted among the top 3 PSUs for the final round.
The 4th & final round evaluated the potential of the Company on specific case studies of Business Excellence achieved through Learning & Development, Innovative Practices in the Organization, areas of Sustainable Competitive Advantage and Strategy for Future Growth.
This rigorous evaluation process culminated in OMPL winning the 14th edition of the BML Munjal Award for Business Excellence through Learning and Development.
The ceremony of the Award was held on 22nd August 2019 at Taj Palace, New Delhi. OMPL won the Runner up trophy in the PSU category. The award was presented by, Bharat Ratna & Former President, Shri Pranab Mukherjee & was received by Chief Executive Officer, Shri S.S Nayak on behalf of Team OMPL.