National Business Excellence Awards 2018
   

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
  • The following criteria will be used to determine the appropriate category of the applicants.

    Category No. of Full time Employees Total Capital Employed* (a) (LKR) Annual Revenue* (b) (LKR
    Extra Large 5000 and over 5 bn and over 5 bn and over
    Large 1000 and over 1 bn and over 1 bn and over
    Medium 100 and over 100 mn and over 100 mn and over
    Small 26 and over 15 mn and over 25 mn and over
    Micro Less than 25 Less than 15 mn Less than 25 mn

    *(a). Shareholders funds + Long-term debt
    *(b). In the immediate preceding financial year as per the audited financial statements.
    Note: The category of applicant will be determined by considering all above criteria (Number of employees, Capital Employed and Revenue. 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 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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