National Business Excellence Awards 2018
   

Organized by
The National Chamber of Commerce of Sri Lanka


Evaluation Procedure

Applications will be evaluated on the basis of a 7-point criterion described under item 6 below. Applications are reviewed and evaluated in a three-stage process as described below.

First Stage - Desk Review
The applications will be reviewed by a Technical Panel and preliminary marks indicated. At the conclusion of the first stage of review, the panel will short-list the applicants who would proceed to the second stage.

Second Stage – Interviews
The Panel of Judges will make a further evaluation and short-list the organizations and call them for an interview to obtain further clarifications. The panel of judges has the right to accept or reject any new information that falls outside the scope of the pre-determined evaluation criteria. The Panel of Judges may make a visit to the organization if they deem it necessary.

Third Stage - Judges' Final Review
The Panel of Judges would make the final selection of the award recipients after a careful review of all preliminary evaluation reports and the outcome of the interviews.

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 is eligible to apply.
  • Divisions, units, estates, factories etc of organizations, unless  they are legal entities by themselves, are not eligible.
  • An overall Gold award winner of a previous year is not eligible to apply for the immediately succeeding three years


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.

Objectives

  • To recognize and reward those organizations that have excelled in all-round performance
  • To recognize and reward enterprises that have excelled in each of the excellent criteria such as Corporate Governance, Capacity Building, Performance Management, Global and Local Market Reach, Corporate Social Responsibility & Environmental Sustainability, and Business and Financial Results
  • To encourage Sri Lankan organizations to emulate those excellent organizations
  • To position Sri Lanka as a country with excellently managed organizations and thereby making it attractive for joint ventures, investments, and as a source for products and services
  • 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 the three overall winners.

    All award winners will receive a trophy and a certificate.

    The awards ceremony will be held on Wednesday, 05 December 2018 at Colombo Hilton and will be followed by a gala dinner.

     


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