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National Business Excellence Awards on March 22

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“National Business Excellence Awards 2021” (NBEA) organized by the National Chamber of Commerce will be held on March 22, 2022, amid a large gathering in compliance with anti-Covid19 rules at BMICH. The print Media sponsor for the event again is Associated Newspapers of Ceylon Limited, Lake House.

Being one of the pioneering Awards Competitions initiated as way back as 2004, by the National Chamber of Commerce of Sri Lanka, the National Business Excellence Awards (NBEA), has maintained its highest standards and gained much recognition and prestige amongst the business community as a well- structured Awards Scheme recognizing “Excellence” of businesses in Sri Lanka.

President of the National Chamber Nandika Buddhipala said that after recognizing the current evolving trends such as agile nature of strategies to address disruptive nature of business environment with C-19 pandemic, emphasis on reduce carbon emission, transforming nature of workplace, increasing tendency of capital is getting attracted to trusted, ethical and environmentally friendly organizations and the purpose of the institutions more align towards creating long term sustainability and creating value for all in the society and not restricting to selected few, has appointed selected Committee in order to revive the National Business Excellence Awards application in order to accompany such important emerging trends.

Committee after recognizing the fact that such changes emphasizing on Environment, Social and Governance (ESG) should be introduced gradually, allowing our organizations to adopt over a period of time managed to come up an application with some important changes based on the Evaluation Model of 7 criteria, namely – Excellence in Strategy and Leadership, Excellence in Corporate Governance, Excellence in Capacity Building, Excellence in Performance Management, Excellence in Local and Global Market Reach, Excellence in Corporate Social Responsibility and Environmental Sustainability, Excellence in Business and Financial Results.

The numbers and quality of applications have been on the rise over the years reaching over 100 this time as well. The competition comprises categories – Extra Large, Large, Medium, Small and Micro – and diversified sectors: spreading over 29 industry sectors.

Selection of winners will be made by an eminent panel of judges chaired by Sunil G Wijesinha, Past President – National Chamber and corporate leader.

Wednesday, March 9, 2022 – 01:00

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