NATIONAL BUSINESS EXCELLENCE A W A R D S - 2 0 1 2 - - PowerPoint PPT Presentation

NCCSL

NATIONAL BUSINESS EXCELLENCE

A W A R D S - 2 0 1 2

Recognizing the Powerhouses of the Economy

Presented by: Prasantha Abeykoon BSc, MBA, ACA, FCMA

Chairman/Principal Consultant

Management Frontiers (Pvt) Limited

(Management Consultants)

Contents

 Introduction  Objectives  Conceptual Framework  Classification of Award  Eligibility  Evaluation Procedure  Evaluation and Measurement Criteria  Benefits

NCCSL

NATIONAL BUSINESS EXCELLENCE

A W A R D S

Introduction

 The National Business Excellence Award (NBEA) is an annual award competition conducted by the National Chamber of Commerce of Sri Lanka (NCCSL) with a view to recognize the business enterprises, which have demonstrated excellence in business whilst contributing to the economic progress of the country.

NCCSL

NATIONAL BUSINESS EXCELLENCE

A W A R D S

Objectives

 To recognize and reward contribution made to the economic progress of the country (Realized growth)  To recognize enterprises who have created capacity for economic growth and employment generation (Future growth)

NCCSL

NATIONAL BUSINESS EXCELLENCE

A W A R D S

Objectives

 To recognize enterprises who have built sustainable global market competitiveness (Sustainable growth)  To recognize enterprises who have institutionalized best practices and business excellence. (Performance Management)

NCCSL

NATIONAL BUSINESS EXCELLENCE

A W A R D S

NCCSL

NATIONAL BUSINESS EXCELLENCE

A W A R D S

Conceptual Framework

Market Access

Investment Innovation Strategy Technology

Output Growth Profits Capacity

Future Growth

Sustainable Growth Realized Growth

B E S T P R A C T I C E S C O R P O R A T E G O V E R N A N C E & C S R

Overall Winner-Excellent Business of the Year

Gold Silver Bronze 1. Award for the Excellence in Business and Financial Performance 2. Award for Global Reach 3. Award for the Best Knowledge Integrator 4. Award for the Best Tech Savvy Company 5. Award for the Best Capacity Builder 6. Award for Excellence in Performance Management Practices Large Sector

• Excellent Business

Award

• First Runner-up

Extra Large Sector

• Excellent Business

Award

• First Runner-up

Medium Sector

• Excellent Business

Award

• First Runner-up

Small Sector

• Excellent Business

Award

• First Runner-up

Classification of Awards

Micro Business Sector

• Excellent Business Award
• First Runner-up

Excellent Business Award – Agriculture , Plantations & Livestock Excellent Business Award – Banking & Financial Services Excellent Business Award - Construction Excellent Business Award – Manufacturing - Engineering Excellent Business Award – Manufacturing – Chemical & Ceramic Excellent Business Award – Manufacturing – Food & Beverage Excellent Business Award – Manufacturing – Apparel, Textile and Leather Products Excellent Business Award – Manufacturing – Non – Traditional Excellent Business Award – Manufacturing – State Sector Excellent Business Award – Manufacturing – Other Excellent Business Award – Hospitality

Classification of Awards

Sectoral Awards Two Awards for each sector Winner, and First Runner-up

Excellent Business Award – Insurance Excellent Business Award – Gem & Jewellery Excellent Business Award – Printing and Related Services Excellent Business Award – Healthcare Services Excellent Business Award – ITC & Media Services Excellent Business Award – Infrastructure & Utilities Excellent Business Award – Associations and Societies Excellent Business Award – Shipping and Shipping Related Services Excellent Business Award – Trading Excellent Business Award – Other Services / Other

There are over 80 Awards in total for the year 2012

Classification of Awards

Sectoral Awards Two Awards for each sector Winner and First Runner-up

Any registered business organization domiciled in Sri Lanka and has been in

• peration for a minimum period of 3

years prior to the application date may apply for the award.

Eligibility

The contestant enterprises will be grouped into one

• f the for categories as follows:

1. Extra Large 2. Large 3. Medium 4. Small 5. Micro

Award Categories

Applicant Categories

Category

• No. of full time

Employees Total Capital Employed Turnover (b) Rs Extra Large 5,000 and over 5.0 Bn and

• ver

5 Bn and over Large 1,000 – 4,999 1.0 Bn – 4.999 Bn 1.0 Bn – 4.999 Bn Medium 100 - 999 100 Mn – 999 Mn 100 Mn – 999 Mn Small 26 - 99 15 Mn – 99 Mn 25 Mn – 99 Mn Micro Less than 25 Less than 15 Mn Less than 25 Mn

 Application will be evaluated on the basis of a 8 point criterion described below.  Applications are reviewed and evaluated by members of the evaluation committee in a 3 stage process.

Evaluation Procedure

First Stage - Desk Review

 Reviewed by technical panel and preliminary marks indicated.

Second Stage – Interviews by the PoJ

 The Panel of Judges (PoJ) will conduct interviews of the short- listed organizations. (30 Marks will be awarded by PoJ).

Third Stage - Judges’ Final Review

 The panel of Judges would make the final selection of winners.

Evaluation Procedure

Criteria Weightage

1 Business and Financial Performance 30% 2 Global Reach 10% 3 Knowledge Integration 10% 4 Technological Investment 10% 5 Capacity Building 15% 6 Performance Management 15% 7 Corporate Governance 5% 8 Corporate Social Responsibility 5% Overall Score

100%

Evaluation Criteria

• 1. Award for the Business and

Financial Sustainability

The company

which has demonstrated financial stability and steady growth and balanced business portfolio.

Growth

The company

which has increased the value addition bigger and faster.

Performance against the Industry

The company

which has constantly

• utperformed

the industry.

• 1. % growth in EBIT as against last year
• 2. % growth in EBIT over last 3 years (weighted by the year)
• 3. EBIT as a % Turnover - Last year & Average for last 3 years
• 4. EBIT over Assets - Last year & Average for last 3 years
• 5. NPBT as a % of Turnover over last year and weighted average

last three years

• 6. Customer Concentration = % revenue from top 3 customers
• 7. Market concentration = % revenue from the biggest

segment (either geographical or industry segment)

Measurement Criteria

• 8. Product concentration = % revenue from the highest

revenue earning products

• 9. % increase in value addition over last year and

weighted average last 3 years

• 10. Rupee increase in value addition over last year and

weighted average last 3 years

• 11. No. of employment opportunities generated during

the last year and weighted average last 3 years

Measurement Criteria

12. Ratio of average company ROA against industry ROA over last year and weighted average for last three years. (Based on CSE industry category & company’s) 13. Ratio of average turnover growth of the company

• Vs. average turnover growth of listed companies in

the same industry over last year and weighted average for last three years.

Measurement Criteria

• 2. Global Reach Award

The company

who has grown their breath and the depth in the global market.

• 1. No. of countries exported and foreign
• perations
• 2. Revenue from markets entered in the last 5

years as a % of export revenue/foreign operations

• 3. Revenue from markets entered in the last 5

years as a % of total revenue

• 4. % growth in total export/foreign operations’

revenue

Measurement Criteria

• 3. Knowledge Integrator Award

The company

which has excelled in product and process innovation.

• 1. % of revenue from new products (product

innovation)

• 2. Enumerate specific process innovations

and indicate their business impact (Low…. …..High)

Measurement Criteria

• 4. Tech-Savvy Company of the year

The company

which has acquired high impact knowledge through direct investment and

• ther wise.

• 1. Investment in technology as a % of turnover
• ver last year and weighted average for last

three years

• 2. Enumerate new methods of accessing

technology (e.g. alliances, partnership etc.) and indicate their business impact

Measurement Criteria

• 5. Capacity Builder Award

The company which has made significant capital investment and has created capacity for future growth.

• 1. Average capital investment (capital expenditure)
• ver last year and weighted average last 3 years
• 2. Capital investment as a % of turnover over last year

and weighted average for last 3 years

• 3. Amount of foreign capital generated over last year

and weighted average for last 3 years

• 4. Average payback period:

a) 1 - 3 years, b) 3 - 5 years, c) over 5 years

• 5. Planned new employment opportunities for the

next year

Measurement Criteria

• 6. Award for Excellence in

Performance Management Practices

The company

which has implemented best practices in performance management.

• 1. Planning

a) Availability of a plan ( annual & medium term) b) Effectiveness of the plan  Average turnover variance (last 3 years)  Average profit variance (last 3 year)

• 2. Performance appraisal

a) Presence of a system b) Linkage to rewards

• 3. MIS

a) Coverage (financial, operational, external ) b) Frequency (medium, average) c) Extent of information sharing  % of employees accessible to monthly financial information & other information  % of employees accessible to annual financial information & other reports

Measurement Criteria

• 7. Best Practices in Corporate

Governance

The company

which has institutionalized Corporate Governance best practices.

 Do you have an audit committee?  How do you appoint members to your board?  Are there professionals serving as non executive directors in your board?  Is there a non executive chairman to oversee the CEO and the Board?  Do you have a written code of ethics?  Do you have an internal audit function reporting direct to the board?  Is the CEO and the senior management team rewarded based on profits?  What percentage of shares is owned by CEO and the top management?  Do you publish your annual report and accounts?  Does your annual report contain a declaration regarding good governance?

Evaluation Questionnaire

The company which has institutionalized Corporate Social Responsibility best practices and it’s Performance.

• 8. Best Practices in Corporate Social

Responsibility (CSR)

 Social Conduct  Top Management Involvement  Impact of Goods and Services  Company Policies  Responsibility for Environment  Responsibility for Labour Market / Labour

Evaluation questionnaire

Criteria Weightage

1 Business and Financial Performance 30% 2 Global Reach 10% 3 Knowledge Integration 10% 4 Technological Investment 10% 5 Capacity Building 15% 6 Performance Management 15% 7 Corporate Governance 5% 8 Corporate Social Responsibility 5% Overall Score

100%

Evaluation Criteria

Benefits

 Dedicated web site and database of industry performance benchmarks  Virtual hall of fame  Include in the Chambers’ automated mailing list and entitle to receive Chambers’ communication materials  Opportunity to feature success story in the next years’ brochure  Opportunity to participate to overseas countries & foreign training programmes  Recognition at various events sponsored by the Chamber  Winners to be showcased in leading business journals

How to Apply for NBEA

Please contact :- The Secretariat National Business Excellence Awards C/o. The National Chamber of Commerce of Sri Lanka 450, D.R. Wijewardena Mawatha, Colombo 10.

• Tel. 011 4 741788 / 011 4 741984
• Fax. 2689596

E-mail. sg@nccsl.lk / devi@nccsl.lk

• Web. www.nccsl.lk or www.nationalbusinessexcellence.lk

NCCSL

NATIONAL BUSINESS EXCELLENCE

A W A R D S - 2 0 1 2

Further clarifications & questions…..

NCCSL

NATIONAL BUSINESS EXCELLENCE

A W A R D S – 2 0 1 2

Let’s build an economically advanced & prosperous NATION

Be a Winner & All the Best! Thank You

www.managementfFrontiers.com