Nominations for Mombasa Business Awards 2023 are now OPEN. Nominate your business or someone else
NOMINATE
Objectives
The competition is FREE to enter and open to organisations of all sizes and from any industry sector. The Mombasa Business Awards programme serves three purposes for the Mombasa business community:
- It provides examples for the business community to aspire to
- It celebrates and endorses individual and organisational success
- It provides case studies and content for learning from these exceptional organisations
Accolades
Judging Process
The rigorous and well-respected judging process has established the Mombasa Business Awards as one of the most sought-after accolades in Mombasa. Representing your organization and being awarded brings respect and admiration from the business community. We are guided by 3 principles:
- 1.) Success
- 2.) Ethics
- 3.) Innovation
See the description below
SUPPORT
Guiding Principles
Ethics
Demonstration of conduct that respects legislation, the environment and the rights of all stakeholders
Innovation
The pursuit of performance improvement and development, from products through to processes.
Success
The demonstration of commercial success in the relevant market or sector.
Award Categories
The Judging Criteria
Judging is carried out by an independent panel of judges comprising leading figures in the business community, financial services sector, academia and past Mombasa Business Awards recipients. The judges have specific high standards; they know what it takes to be an outstanding entrepreneur and what measures really matter when it comes to selecting award recipients. The five criteria applied in assessing the nominees are:
1. ENTREPRENEURAL SPIRIT
- Sets very high standards for self and business and demonstrates strong leadership skills and an unflinching desire and determination to be successful.
- Demonstrates perseverance in the face of adversity and overcoming obstacles
- Has the capacity to be an independent thinker and to take on and manage risks in the face of uncertainty.
2. VALUE CREATION
- • The value created for stakeholders through effective development and deployment of the organization’s strategic capabilities
- The strength of the organization’s financial performance, development of human capital and sustainability
- The quality of past investments. If public, market performance over the past three years.
- The strategies in place for long term sustainability.
3. STRATEGIC DIRECTION
- Creates and turns business visions into business realities.
- Builds and rebuilds teams’ commitments to the common goals.
- Demonstrates the ability to produce new products, innovate product use and differentiate themselves from their competitors.
- Demonstrate operational excellence within the organization to optimize structure and processes within the business model.
- Shares knowledge and empowers individuals, teams, and a range of advisers/ allies to ensure success for all.
4. NATIONAL IMPACT
- Makes an influential presence in markets and industries in terms of job creation and improved living economics.
- Displays a strategy and model to expand their presence abroad
- High degree of potential for growth and expansion domestically and internationally
5. INNOVATION
- Pioneers a new approach/business model in product, culture or processes.
- Recognizes the business imperative of anticipating and embracing change occurring in the competitive environment.
- Ventures with continual improvement and innovation in all aspects of the business.
- Creates a culture of innovation within the organization.