National Business Excellence Awards - 2005

THE National Chamber of Commerce of Sri Lanka a leading Trade Chambers in the country will hold the "National Business Excellence Awards 2005" on Tuesday, November 22 at the Colombo Hilton.

National Business Excellence Awards is an annual award competition to recognize business enterprises which have demonstrated excellence in business whilst contributing to the economic development of the country, states in a press release issued by Lal de Alwis, the Chairman of the organizing committee.

Business enterprises that contributed to the economic progress of the country by way of achieving realized growth, creating capacity for economic growth and employment generation, building sustainable market competitiveness and adopting the best practices and business excellence will be recognized.

In addition to the sectoral award categories there are three main awards of Gold, Silver and Bronze for overall winners.

The sectors that will be awarded Agriculture, Livestock, Mining, Quarrying and Fisheries, Processing, Manufacturing industries and Engineering.

Evaluation criteria are global reach, realized growth, knowledge integration, technological investment capacity building, sustainability, block buster performance, performance based management, Corporate Governance and Corporate Social Responsibility.

Advisory committee includes Asite D.B. Talwatte, President, Institute of Chartered Accountants, Ramal Jasinghe, Chief Executive Officer, Asian Alliance Insurance Co. and Prasantha Abeykoon, Chairman of Management Frontiers.

Third stage will be the final selection by the panel of judges. The panel consist of highly reputed professionals in the country which include Prof. Gunapala Nanayakkara, Director, PGIM, Deshamanya C.P. de Silva, former Chairman, Aitken Spence & Co. Ltd, Lanka Orix Leasing Co. Ltd., Ceylon Chamber of Commerce and The Employees' Federation of Sri Lanka, Eraj Wijesinghe, Chairman, Colombo Stock Exchange, Group Chairman/Managing Director, Bartleet Co. Ltd, Ismail Radwan, Senior Private Sector Development Specialist, World Bank and Prof. Lakshman Watawala, Deputy Chairman, Singapore Informatics Computer Institute.