NBEA awards for eighth year

National Business Excellence Awards (NBEA) organised by the National Chamber of Commerce of Sri Lanka (NCCSL) will be held for the 8th consecutive year. Applications are available at the NCCSL.

The awards ceremony will be held on November 30, at the Colombo Hilton.

NBEA has been recognised by the business community as a 'business benchmark scheme' as the selection procedure involves evaluation performances from a number of different aspects to maintain high standards.

The selection criteria considers areas such as steady growth, balance business portfolio, growth of value addition, performance against the industry, global market reach, excellence in product and process innovation, acquisition of high impact knowledge through direct investments, creating capacity for future growth through capital investment, adopting best business practices for performance management and successful institutionalisation of corporate social responsibility.

The principal sponsor is Sri Lanka Telecom Mobitel and Print Media sponsors are Daily News and the Sunday Observer.