02 Nov 15 Why do companies participate in corporate awards?
Joy of Winning
Winning an award is a tremendous motivator for teams at all levels of the organization, from the founding team, investors, the management and trickling down to all the employees. Your company’s hard work and achievements taste that much sweeter when they are celebrated triumphantly under the spotlight of global media and trade.
Trophy is just a small part of the win
Visibility, recognition, pride and satisfaction – these are just some of the things that are part of the winners’ gift hamper. The credibility lent by an independent evaluation process changes the way your clients, prospective employees and investors see you. It opens more doors for your business.
Corporate awards also present excellent networking possibilities. Theyare platformsfor the winners to meet industry leaders, exchange ideas, and meet prospective partners, customers, investors and even employees.
Non-winners are not losers
While there are no costs of participation, there are some inherent gains attached. The awards offer you opportunitiesto evaluate your performance through the eyes of industry experts. During the entire process, from filling of the nomination form to facing the jury, you are forced you to take a hard look at your business model and strategies. You get a chance to benchmark yourself against the industry best, and identify areas of improvement.
India Emerging 20 – winner’s pride
India Emerging 20 program offers successful emerging companies in India an opportunity to showcase their achievements to the world.
IE 20 is an initiative led by London and Partners (L&P), and supported by other partners British Airways, BDO, UK Trade and Investment and Newland Chase. London & Partners is London’s inward investment company that has worked with over 2000 international businesses that are expanding globally.Their team of global experts’ works closely with businesses, partnering with them at each stage of their global leap. These awards are a part of their initiative to identify and showcase India’s most promising global companies in the making.
The rating model for the awards designed by ValueNotes, the knowledge partner, is based on 3 strong pillars of – global scalability, differentiation and performance – each of which is necessary for a business to make a mark in the global arena.
The USP of this award is that it promises the winners recognition on a global platform. The award ceremony will be held in London, a global business hubthat offers opportunities to network with investors, business heads, thought leaders and mentors of global repute.
What should you do now?
The time to act is now. Nomination process has already started and the last day to send your nomination is 20th Nov.
Send in your applications before it’s too late.
Remember, you do not lose anything by participating. But non-participants do not stand a chance to gain.