NBEA 2011 in November:

Country marching towards economic transition

Indunil HEWAGE

The National Business Excellence Awards (NBEA) 2011 ceremony, which is organized by the National Chamber of Commerce Sri Lanka (NCCSL) for the eighth consecutive year will be held on November 30, at Hilton, Colombo.

Addressing the launch of National Business Excellence Awards 2011, National Chamber of Commerce Sri Lanka President Asoka Hettigoda said that the NBEA has been recognized as a prime awards ceremony in Sri Lanka owing to high professional standards maintained in evaluating the applicants.

NBEA will reward and give due recognition for the outstanding local enterprises that maintain the excellence in every aspect in business. Various criteria, used for the evaluation process will shape and recognize new rules of competition enabling the judges to choose the outstanding companies in Sri Lanka that maintain higher levels of competition and a excellence.

"This year we expect to get more applications and a well-experienced panel of judges will evaluate all applications," he said.

"Sri Lanka is marching towards a huge economic transition and we need excellent companies who can compete with excellent companies in the world. Excellence is a must and maintaining the excellence in each business is not a onetime activity and it should be a daily activity in all Sri Lankan companies." Hettigoda said.

Applicants for the awards will be grouped into four major categories such as extra large, large , medium and small and 81 awards will be presented at NBEA 2011. Awards will comprise sub awards and sector awards.