Tata Steel awarded the prestigious BML Munjal Award
~Steel giant won the coveted award for Excellence in Business through learning and Development~
Tata Steel has been awarded the prestigious BML Munjal Award for its Excellence in Business through Learning and Development at a function held in New Delhi. Tata Steel won the award in the Private Sector (Manufacturing) category. This is the second time the steel major has won the award; the first was in the year 2010.
Speaking on the occasion, Mr Anand Sen, President, TQM & Steel Business, Tata Steel Limited said, 'We are delighted to have received this prestigious award which accentuates the excellent business processes implemented at Tata Steel. The award highlights our commitment towards our focus on research & development, learning processes and quality management.'
The annual BML Munjal Awards are organized by Hero Corporate Services Limited, a Hero Group Company, and are presented to organizations for Business Excellence through Learning & Development. It is one of the most sought after awards that recognize organizations who have demonstrated excellence in business performance through innovations in learning & development. They are awarded to companies who have consistently used these important tools of training, learning & development as a source of competitive advantage. It also works as a platform for sharing best practices by participating organizations.
The Awards are presented under three categories:
- Private Manufacturing- TSL has won the Award in this category
- Private Services
- Public Sector Units
The award process involved the following stages:
- Call for entries
- Screening & Short listing
- Site Visit and Audits
- Presentation to Jury & Selection
- The jury then deliberates and finally decides the winner in each category
About Tata Steel
Established in 1907 as Asia's first integrated private sector steel company, Tata Steel Group is among the top-ten global steel companies with an annual crude steel capacity of over 29 million tonnes per annum (MnTPA). It is now the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Tata Steel Group, with a turnover of US$ 24.82 billion in FY 13, has over 80,000 employees across five continents and is a Fortune 500 company. The Group's vision is to be the world's steel industry benchmark in "Value Creation" and "Corporate Citizenship" through the excellence of its people, its innovative approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency. In 2008, Tata Steel India became the first integrated steel plant in the world, outside Japan, to be awarded the Deming Application Prize 2008 for excellence in Total Quality Management. In 2012, Tata Steel became the first integrated steel company in the world, outside Japan, to win the Deming Grand Prize 2012 instituted by the Japanese Union of Scientists and Engineers.