The Association for Talent Development’s (ATD) BEST Award is a significant recognition given to organizations that exhibit outstanding achievement in talent development on a company-wide scale. The award highlights the efforts of companies that prioritize employee development as a means to achieve business results. In 2021, 71 organizations from various parts of the globe were acknowledged for their exceptional practices in developing their workforce.
Overview of the ATD BEST Award
The ATD BEST Award is an annual accolade that identifies organizations which implement effective talent development strategies and programs. To be considered for the award, organizations must demonstrate a comprehensive and impactful approach to employee learning and development. This includes aligning talent development efforts with business goals, showcasing measurable results from training programs, and cultivating a culture that fosters continuous learning and growth. The award is open to all organizations worldwide, regardless of size or industry, and is highly competitive.
2021 BEST Awards Recipients
In the year 2021, a diverse group of 71 organizations were recipients of the BEST Awards. These companies were recognized for their innovation and excellence in talent development practices. The award winners come from different sectors and regions, reflecting the global importance of investing in human capital. Each organization underwent a rigorous application process that involved detailing their talent development initiatives and their impact on organizational success.
Larsen & Toubro Technology Services’ Achievement
Larsen & Toubro Technology Services (LTTS), with its headquarters in Mumbai, India, secured the top position among the 71 honored organizations. This remarkable achievement underscores LTTS’s commitment to fostering a learning culture and enhancing the skills of its employees. As a global leader in engineering and R&D services, LTTS has demonstrated how strategic talent development can drive innovation and maintain a competitive edge in the market.
Indian Firms in the Top 20
Among the top 20 ranked organizations, two Indian firms made a significant mark. Alongside LTTS, POWERGRID, also known as Power Grid Corporation of India Limited, was distinguished as one of the top talent development organizations. POWERGRID, a public sector undertaking (PSU) under the Ministry of Power, is notable for being the only PSU to receive the award in 2021. This recognition reflects the company’s dedication to enhancing the capabilities of its workforce and supporting the government’s vision of skill development.
POWERGRID’s Unique Distinction
POWERGRID’s inclusion as a BEST Award winner is particularly noteworthy considering its status as a public sector enterprise. Being the sole PSU to win this award in 2021, POWERGRID sets an example for other government-run entities to follow suit in prioritizing talent development. As a state-owned corporation responsible for electric power transmission in India, POWERGRID’s investment in its employees’ growth ensures that it can meet the nation’s energy demands efficiently and innovatively.
Significance of the BEST Award
The ATD BEST Award serves as a benchmark for organizations aiming to achieve high performance through their talent development initiatives. It not only honors the winners but also sets a standard for other companies to emulate. By recognizing the critical role that employee learning and development play in achieving business success, the award encourages organizations to invest in their most valuable asset—people. The award-winning companies exemplify how a strategic approach to talent development can lead to tangible benefits, such as improved operational efficiency, increased employee engagement, and sustained competitive advantage.