National Business Excellence Awards 2011
   

Organized by
The National Chamber of Commerce of Sri Lanka


Award Categories

The contestant Enterprises will be grouped into one of the following five Categories.

  • Extra Large
  • Large
  • Medium
  • Small
  • Micro
    • One of the following criteria will be used to determine the appropriate group of the applicant.
    Category No. of Full time Employees Total Capital Employed* (a) (Rs) Turnover* (b) (Rs.)
    Extra Large More than 5000 More than 2.5 bn More than 2.5 bn
    Large 500-5000 250 mn – 2.5 bn 500 mn. – 2.5 bn
    Medium 50 – 500 50 mn – 250 mn 100 mn – 500 mn
    Small 20 - 50 15 mn– 50 mn 20 mn - 100 mn
    Micro Less than 20 Less than 15 mn Less than 20mn

    *(a). Shareholders funds + Long-term debt
    *(b). In the immediate preceding financial year as per the audited financial statements.
    Note: Category of applicant will be determined by considering all above criteria (Number of employees, capital employed and turnover). If any one criteria falls into a higher category, that category will apply to the applicant. Only one category should be indicated in the application.

    Eligibility & Authority

    ELIGIBILITY
    Any registered business organization domiciled in Sri Lanka which has been in operation for a minimum period of 3 years prior to the date of application can apply.

    AUTHORITY
    The Chairman of the Panel of Judges will be the sole and final deciding authority regarding the evaluation procedures and on the recipients of the awards. In this exercise, an appropriate advisory panel may assist him.

    Objectives

  • To recognize and reward contributions made by business enterprises to the economic progress of the country
  • To recognize enterprises that have created capacity for economic growth and employment generation
  • To recognize enterprises that have built sustainable market competitiveness
  • To recognize enterprises that have institutionalized best practices and business excellence and;
  • To recognize the enterprises who have demonstrated their capacity to invest.

    • Award Ceremony

    Announcement of the winners will be made at the Awards Ceremony. However, the nominees for the awards will be informed at least two weeks prior to the event. Short video presentations will be requested from overall winners.
    All award winners will receive an award and a certificate.

    The awards ceremony will be held on Wednesday, 30th November 2011 at Colombo Hilton and will be followed by a gala dinner.


     
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