NCCSL launches 'National Business Excellence Awards 2006'
The National Chamber of Commerce of Sri Lanka (NCCSL), the national
trade promotion organisation launched the 'National Business Excellence
Awards 2006' which will be held on November 16 at the Colombo Hilton.
The event which will be held for the third consecutive year was first
launched in 2004. The National Business Excellence Awards have been
designed to recognise business organisations making a significant
contribution to the socio-economic development of the country.
The awards competition conducted by the NCCSL to recognise the
performance of business enterprises has contributed immensely to the
economic progress of the country, President NCCSL, Nirmali Samaratunga
said.She said over the years the awards have gained recognition from the
business community.The business organisations must be recognised and
rewarded through events of this nature.
Samaratunga said the Secretary to the Ministry of Finance, Dr. P. B.
Jayasundera had referred to the contribution made by the business sector
to achieve a healthy growth trend of over 7 percent at the Ceylon
Chamber of Commerce (CCC), AGM. Dr. Jayasundara said the apparel and
advertising sectors have performed well during recent times.
The NCCSL is committed to support the business sector in all its
endeavours to achieve excellence. An event of this nature will
definitely encourage business organisations to grow, she said.
Chairman, Panel of Judges, Prof. Gunapala Nanayakkara said the best
companies will be those that have proved to stakeholders that they have
been successful for a considerable period of time.
Prof. Nanayakkara referring to the tax fraud involving the private
and public sectors said a company may be gaining tremendous profits and
making rapid investments but if its corporate governance and social
responsibility is not up to the mark then what do we achieve in
rewarding such an organisation.
In recognising the performance of an organisation we have to consider
corporate governance and social responsibility as equally
important.Poverty is rampant in our society and as a result corruption
is on the rise. The Corporate Social Responsibility (CSR) of an
organisation should be to extend a helping hand to the government in its
efforts to eradicate poverty, Prof. Nanayakkara said.
Awards will be presented to 76 leading business organisations under
the large, medium and small categories by an eminent panel of judges
chaired by Prof. Nanayakkara.