PNB embarks on Mission Parivartan

Update: 2018-03-24 09:21 IST

Hyderabad: In keeping with the dynamic business environment, the Bank has embarked on Mission Parivartan —a structured approach for keeping the long-term success of the Bank in mind. 

An Independent think tank on the lines of Niti Ayog named Mission Parivartan Division will act as the catalyst to ensure the 3 C's i.e. Commitment, Collaboration and Communication bring together all internal stakeholders. The Parivartan portal has been developed in-house to engage all functions of the Bank in the transformation process and involves crowd-sourcing of suggestions and ideas from all PNBians. Sunil Mehta, Managing Director and Chief Executive Officer said that "Change is the only constant. 

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We are living in a dynamic environment and must learn not only to live with constant change, but also plan it from moment to moment. The organisation that does not keep pace with the changing technology, customer demands and effective business processes loses its competitive edge. To paraphrase the words said by the Nokia CEO: "We didn't do anything wrong, but others have done it right". The advantage they had yesterday was replaced by the trends of tomorrow".

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