Business Excellence
Recognition of the projects which enhance the process effectiveness, quality, reduce operational costs or are, overall, beneficial to the enterprise.
Criteria:
PROJECT GOALS AND SCOPE
What goals and scope were set for the project? How many stakeholders were engaged (single/multiple functions, local or global departments)? How long did it take to plan, design and then implement the initiative/project?
IMPLEMENTATION
Describe the approach (methodologies, processes, technologies, governance…etc.) applied and what was done/delivered at the execution phase.
ACHIEVED BENEFITS AND RESULTS
How did the implemented project affect the financial performance (cost reduction, cost avoidance)? How did the project improve your competitive advantage? Did the project bring other benefits (income stream, higher recognition…)? Please supply proof of success e.g. statistics, financial results, ratios, percentages, ROI …etc. Can the initiative be replicated in other processes/functions? Has it been deployed in other entities or at other organizations (customers)?
INNOVATION:
What was unique about this project?