Page 8 - Talent Handbook 2018
P. 8

Talent Management Initiatives for Junior

    Management



      SPEED (Superior Performance Execution Excellence & Delivery)

      Superior Performance Execution Excellence & Delivery (SPEED) is the Fast track selection scheme aimed at providing a
      unique opportunity for front line employees (Executive & Sr. Executive) at Tata AIA Life Insurance Company Ltd. This
      program is created with a view to open avenues for Development & Career progression, transferring ownership to
      employees and providing them with resources to take responsibility for their own career.
      This initiative includes a systematic selection process, cutting edge learning interventions and growth opportunities for
      a faster career progression. The Development Plan includes Short-Term Job Rotation/Cross Functional Projects,
      Experiential Learning, Industry specific exams, Management Development Program and Recognition. At the end of the
      program, basis the evaluation, the employee gets elevated to the next grade band during the performance management
      cycle of the year.
                                                                      3 Stages of the Selection Process
           Eligibility Criteria for nomination:
              Criteria                      Details                               Step 1
                                                                       Online Cognitive Assessment
       Minimum Qualification   Graduate
       required
       Minimum Work
                               2 Years with TALIC
       Experience                                                                 Step 2
                               Combination of Rating 1 / 2 / 3 for
       Performance Rating                                                   Group Discussion
                               last two Appraisal Cycles
       Eligible Grade / Band   Executives  & Senior Executives
                               Operations, Sales Support and
       Applicable        Job   Support functions (Not applicable to               Step 3
       Functions                                                            Personal Interview
                               RC, Secretary profiles)
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