- More than $86 million invested
annually in learning and professional development initiatives
designed to help employees succeed in the evolving
workplace
TORONTO, July 2, 2020 /CNW/ - The Association for Talent
Development (ATD) has recognized BMO Financial Group with a 2020
BEST Award. BMO is the only Canadian company ranked among the
globally-recognized organizations this year, with winners announced
virtually from Denver, Colorado,
on June 30. This year's honour marks
BMO's fourth ATD award win.
Distinguishing corporations that demonstrate enterprise-wide
success through talent development, ATD's BEST Award is one of the
industry's most rigorous and coveted recognitions. Winners include
small and large, private, public, and not-for-profit organizations
from around the world.
"It is an honour to be recognized by ATD with a BEST Award again
this year," said Karen Collins,
Chief Talent Officer, Bank of Montreal. "BMO's commitment to learning and
development has remained an important part of our pandemic
response, especially as we evolve, adapt, and thrive in our new
hybrid working environments. Additionally, our investments in
digital platforms over the past few years have made learning more
mobile, accessible, and personalized, while our digital learning
channels are helping us stay connected, share information quickly,
and build new skills for today and the future."
As a champion of employee development, BMO has been at the
forefront of corporate learning initiatives for more than 25 years
– investing in excess of $86
million annually in its workforce. As organizations continue
to navigate evolving workplaces, the expansion of business models,
and rapid technology shifts – especially in recent months with the
COVID-19 pandemic – these changes necessitate investment in skills
and education.
"BMO's multi-year learning strategy is focused on fostering a
culture of continual learning, to support our employees in
developing the skills they need for both today and tomorrow,"
said Gina Jeneroux, Chief Learning Officer, BMO Financial
Group. "By being bold on building talent and future-focused skills,
BMO is delivering on its commitment to level the playing field
through learning and ensure we're able to anticipate and meet the
evolving needs of our customers."
With its unwavering commitment to learning and development, BMO
has created a variety of resources and programs to enable
industry-leading talent development across the company, such
as:
- BMO Institute for Learning (BMO IFL): This
state-of-the-art learning facility in Toronto offers a range of educational options
from formal classroom programs and online courses, to digital
resources and on-the-job development activities, so employees can
choose what, where, and how they build their skills. Recently, as
part of BMO's response to COVID-19, BMO IFL was converted into a
rest space for front-line healthcare workers.
- BMO U: A mobile, 24/7 learning platform that creates
customized experiences with easy access to thousands of formal and
informal learning resources, insights, experts, and learning
communities. Approximately 75 per cent of all BMO employees are
active users.
- BMO Forward: This program helps employees across the
business build technical skills they will need for a digital
future, including artificial intelligence, robotics, data science,
cybersecurity, and digital acumen. The program also includes "human
skills" – such as empathy, resilience, judgement, and cultural
intelligence – to forge stronger connections among individuals,
teams, and customers.
For more information on BMO's commitment to building a diverse
and engaged workforce, visit: https://bmocareers.com/why-bmo/.
About BMO Financial Group
Serving customers for
200 years and counting, BMO is a highly diversified financial
services provider - the 8th largest bank, by assets, in North
America. With total assets of $987 billion as
of April 30, 2020, and a team of diverse and highly engaged
employees, BMO provides a broad range of personal and commercial
banking, wealth management and investment banking products and
services to more than 12 million customers and conducts business
through three operating groups: Personal and Commercial Banking,
BMO Wealth Management and BMO Capital Markets.
SOURCE BMO Financial Group