National Business Excellence Awards 2009

Over 150 applications :

More than 150 companies from different parts of the country have registered for the National Business Excellence Awards 2009. Of this number, 110 companies are large scale Blue Chips and 40 are Small and Medium Entrepreneurs who have been carrying out successful business activities.

NBEA is an annual business benchmark competition conducted by the National Chamber of Commerce of Sri Lanka (NCCSL) since 2004.

This is the sixth consecutive year the National Chamber of Commerce conducts the NBEA.NBEA has been designed to recognize business organizations making a significant contribution to the socio-economic development of the country through exemplary business practices. Selection for awards is done through a thorough technical evaluation followed by interviews by a highly recognized Panel of Judges.

The Panel of Judges consists of Director, Post graduate Institute of Management, Dr. Uditha Liyanage (Chairman of the panel of Judges), Company Director M.R. Prelis, Senior Country Economist, World Bank Claus Astrup, President, Society of Certified Management Accountants of Sri Lanka (CMA) Prof. Lakshman R. Watawala, Visiting Lecturer, PIM Prof. David Evans and Head Project Monitoring Unit of the Asian Development Bank Munawar Alam.

The criteria used to evaluate performances are: "Business and Financial Performance", "Global Reach", "Knowledge Integration", "Technology Investments", "Capacity Building", "Excellence in Performance Management Practices", "Best Practices in Corporate Governance" and "Corporate Social Responsibility".

The next workshop will be held on August 7 from 3.00 pm - 5.00 pm. It is sponsored by Sri Lanka Telecom Mobitel as the principal sponsor, Bank of Ceylon, Co-sponsor and ETA Lanka (Pvt) Ltd the awards sponsor.

The Daily News and Sunday Observer are the print media sponsors and Ninehearts (Pvt) Ltd is the official photographer while Colombo Hilton is the event hotel.