Asia CEO Forum

SME Company of the Year


LBC Business Solutions

JUDGING CRITERIA

The award is open to any Profit-Making Company that achieved important success. Small and medium-sized enterprises (SMEs) are defined as non-subsidiary, independent firms employing between 10 and 500 employees. The accomplishment(s) must demonstrate the following criteria:

A. Leadership – The SME Company should have demonstrated specific situations or projects where the organization was led to a new level of growth, achievement or recognition. There should be a well documented initiative or project that resulted in a significant contribution in the company income, or has exhibited a significant change in the company that is aimed towards achieving a goal.

B. Financial Contribution – The SME Company’s achievement(s) should have resulted in a major financial input to their organization.

C. International Recognition – The SME Company’s accomplishment(s) should be internationally recognizable as important to their organization. This may involve situations where the SME Company enhanced processes, entered new markets or expanded the organization’s affairs.

D. Pioneering Achievements – The SME Company should have demonstrated products, services or techniques that are considered unique or innovative in its sector and of recognizable international importance.

E. Social Commitment – The nominated organization should have demonstrated a commitment to the development of the nation’s overall business capability.

The majority of demonstrable results, major new activities or initiative(s) should have occurred within the current calendar year but may have begun earlier.