National Business Excellence Awards concluded successfully at Shangri-la Colombo on 20 June 2024
The National Chamber takes pleasure in announcing that “The National Business Excellence Awards 2024” celebrating its 19th year was concluded successfully in a grand manner on Thursday, 20 June 2024 at Shangrila, attended by the large gathering of business community, leaders from corporate world, distinguished guests and invitees.
Being one of the pioneering Awards Competitions initiated as way back as 2004, by the National Chamber of Commerce of Sri Lanka, the National Business Excellence Awards (NBEA), has maintained its highest standards and gained much recognition and prestige amongst the business community as a well- structured awards scheme recognizing “Excellence” of businesses in Sri Lanka, consequently for 19 years.
The Chief Guest, Founder and Chief Executive Officer of WSO2, Dr. Sanjiva Weerawarana, congratulated all the winners and highlighted that Sri Lanka is a strong global brand that should be leveraged more significantly to drive national growth. He emphasized that business excellence is essential for competing and winning in the global marketplace, and the winners exemplify the capability of Sri Lankan businesses to meet challenges head-on.
Mr. Deepal Nelson, President of the National Chamber, stated, “The National Business Excellence Awards (NBEA) stands as a testament to excellence in the Sri Lankan business landscape, incorporating globally benchmarked models and recognizing outstanding contributions across various sectors. Participating in this awards competition is an acknowledgment of the relentless pursuit of excellence that distinguishes exceptional organizations and showcases the talent, creativity, and entrepreneurial spirit present throughout our nation.”
NBEA has gained wider recognition and confidence among the business community as a platform for exploring and rewarding outstanding achievers across sectors and
categories through a comprehensive and a stringent evaluation process and the criteria in the scope.
The NBEA has gained wider recognition and confidence among the business community as a platform for exploring and rewarding outstanding achievers across sectors and
categories through a comprehensive and stringent evaluation process. The NBEA Excellence model captures organizations excelling in criteria such as Corporate Governance & Strategy, Capacity Building, Performance Management, Global and Local Market Reach, Corporate Social Responsibility
and Environmental Sustainability, and Business and Financial Results.
The evaluation process includes a three-stage process: an initial desk review for screening, a technical and financial review by a panel headed by Mr. Sanath Fernando, Partner E & Y, and a final review by a panel of judges led
by Mr. Sunil Wijesinhe, Past President of the National Chamber of Commerce of Sri Lanka, Former Chairman of the Employee Federation of Ceylon, Former President of JASTECA, and Non-executive Board Member of several listed companies.
The National Business Excellence Awards (NBEA) is an annual Awards Competition designed and conducted by the National Chamber of Commerce of Sri Lanka with a view to recognising the business enterprises which have demonstrated excellence in business, whilst contributing to the economic progress of the country.