AUBURN
HILLS, Mich., Aug. 29,
2024 /PRNewswire/ -- BorgWarner, a global product
leader in delivering innovative and sustainable mobility solutions,
won several coveted Brandon Hall Group™ awards: a silver award in
the category of Best Learning Program Supporting a Change
Transformation Business Strategy, and two bronze awards for the
categories of Best New Hire and Onboarding Program, and Best
Competencies and Skill Development.
BorgWarner's wins were announced on August 22, 2024. You can view the complete list
of winners
here: https://excellenceawards.brandonhall.com/winners/.
The company's silver award in Best Learning Program Supporting a
Change Transformation Business Strategy was for its Power to Evolve
(P2E) skill agility program, which partners with leading
universities to teach existing engineers to work on eProducts
through hands-on training modules.
The company's first bronze award in Best New
Hire Onboarding Program was for its global, comprehensive
preboarding and onboarding program, including three distinct
platforms: The Bridge, One BorgWarner and Workday Enterprise
Onboarding. These platforms focus on connecting newly hired and
acquired employees with BorgWarner's global culture to foster a
sense of belonging and empowerment and to set them up for
success.
The company's second bronze award in Best Competencies and
Skills Development was for enhancing employee well-being and
resilience through a multifaced approach. The initiative
includes partnering with world-class vendors to bring well-being
training to employees, as well as re-branding our employee total
rewards benefit packages in a way that highlights how they support
overall employee well-being.
"I'm very proud of our team for their dedication to investing in
our people as we navigate through the ever-changing mobility
landscape," said Tania Wingfield, Executive Vice President and
Chief Human Resources, BorgWarner. "We're honored to receive
recognition from Brandon Hall Group, as these awards highlight our
team's phenomenal work to continuously grow the talents and skills
of our colleagues and provide them with the needed tools and
resources to thrive today and beyond."
"Excellence Award recipients have consistently demonstrated
their commitment to employee growth and well-being through
innovative human capital strategies. These organizations have
implemented HCM programs that drive outstanding business
results and create a positive and empowering work environment. Our
rigorous evaluation process has confirmed these programs as
industry-leading in their effectiveness and impact on employee
satisfaction," said Brandon Hall Group Chief Operating Officer
Rachel Cooke™, HCM Excellence
Awards® program leader.
Entries were evaluated by a panel of veteran, independent senior
industry experts, Brandon Hall Group analysts, and executives based
on these criteria:
- Alignment to their business need and environment.
- Program design, functionality and delivery.
- Adoption, integration, user experience, innovation and
creativity.
- Overall effectiveness, impact, and measurable benefits.
Excellence Award winners will continue to be honored at Brandon
Hall Group's HCM Excellence Conference, January 28-30, 2025, at the Hilton West Palm Beach, Florida. Select winners will
also serve as presenters in breakout sessions, sharing their
leading practices during the conference.
"Our award recipients demonstrate an unwavering commitment to
excellence in human capital management," said Brandon Hall Group™
Chief Executive Officer Mike Cooke. "This year, we've
witnessed some of the most groundbreaking applications of HCM
strategies in our organization's history. Many of these innovations
leverage cutting-edge technologies and foster unprecedented levels
of cross-functional collaboration, resulting in remarkable
improvements in operational efficiency and employee
engagement."
About BorgWarner
For more than 130 years, BorgWarner
has been a transformative global product leader bringing successful
mobility innovation to market. With a focus on sustainability,
we're helping to build a cleaner, healthier, safer future for
all.
About Brandon Hall Group™
Brandon Hall Group™ is the
only professional development company that offers data, research,
insights and certification to Learning and Talent executives and
organizations. The best minds in Human Capital Management (HCM)
choose Brandon Hall Group™ to help them create future-proof
employee development plans for the new era.
For over 30 years, we have empowered, recognized and certified
excellence in organizations worldwide, influencing the development
of over 10 million employees and executives. Our HCM Excellence
Awards® program was the first to recognize organizations for
learning and talent and is the gold standard, known as the "Academy
Awards of Human Capital Management."
The awards recognize the best organizations that have
successfully developed and deployed programs, strategies,
modalities, processes, systems and tools that have achieved
measurable results. We are honored to receive applications from
organizations worldwide ranging from small, medium, large and
global enterprises to government, not-for-profits and
associations.
Forward Looking Statements: This press release may
contain forward-looking statements as contemplated by the 1995
Private Securities Litigation Reform Act that are based on
management's current outlook, expectations, estimates and
projections. Words such as "anticipates," "believes," "continues,"
"could," "designed," "effect," "estimates," "evaluates," "expects,"
"forecasts," "goal," "guidance," "initiative," "intends," "may,"
"outlook," "plans," "potential," "predicts," "project," "pursue,"
"seek," "should," "target," "when," "will," "would," and variations
of such words and similar expressions are intended to identify such
forward-looking statements. Further, all statements, other than
statements of historical fact, contained in this press release
regarding matters that we expect or anticipate will or may occur in
the future regarding our financial position, business strategy and
measures to implement that strategy, including changes to
operations, competitive strengths, goals, expansion and growth of
our business and operations, plans, references to future success
and other such matters, are forward-looking statements. All
forward-looking statements are based on assumptions and analyses
made by us in light of our experience and our perception of
historical trends, current conditions and expected future
developments, as well as other factors we believe are appropriate
in the circumstances. Forward-looking statements are not guarantees
of performance, and the Company's actual results may differ
materially from those expressed, projected, or implied in or by the
forward-looking statements.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
Forward-looking statements are subject to risks and uncertainties,
many of which are difficult to predict and generally beyond our
control, that could cause actual results to differ materially from
those expressed, projected or implied in or by the forward-looking
statements. These risks and uncertainties, among others, include
supply disruptions impacting us or our customers, commodity
availability and pricing, and an inability to achieve expected
levels of recoverability in commercial negotiations with customers
concerning these costs; competitive challenges from existing and
new competitors, including original equipment manufacturer ("OEM")
customers; the challenges associated with rapidly changing
technologies, particularly as they relate to electric vehicles, and
our ability to innovate in response; the difficulty in forecasting
demand for electric vehicles and our electric vehicles revenue
growth; potential disruptions in the global economy caused by wars
or other geopolitical conflicts; the ability to identify targets
and consummate acquisitions on acceptable terms; failure to realize
the expected benefits of acquisitions on a timely basis; the
possibility that our 2023 tax-free spin-off of our former Fuel
Systems and Aftermarket segments into a separate publicly traded
company will not achieve its intended benefits; the failure to
promptly and effectively integrate acquired businesses; the
potential for unknown or inestimable liabilities relating to the
acquired businesses; our dependence on automotive and truck
production, which is highly cyclical and subject to disruptions;
our reliance on major OEM customers; impacts of any future strikes
involving any of our OEM customers and any actions such OEM
customers take in response; fluctuations in interest rates and
foreign currency exchange rates; our dependence on information
systems; the uncertainty of the global economic environment; the
outcome of existing or any future legal proceedings, including
litigation with respect to various claims, or governmental
investigations, including related litigation; future changes in
laws and regulations, including, by way of example, taxes and
tariffs, in the countries in which we operate; impacts from any
potential future acquisition or disposition transactions; and the
other risks noted in reports that we file with the SEC, including
Item 1A, "Risk Factors," in our most recently filed Annual Report
on Form 10-K and/or Quarterly Report on Form 10-Q. We do not
undertake any obligation to update or announce publicly any updates
to or revisions to any of the forward-looking statements in this
press release to reflect any change in our expectations or any
change in events, conditions, circumstances, or assumptions
underlying the statements.
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SOURCE BorgWarner
