RAKEZ Business Excellence Awards
Government of Ras Al Khaimah - Department of Economic Development
Under the patronage of His Highness
Sheikh Ahmed bin Saqr Al Qasimi, Ras Al Khaimah Economic Zone (RAKEZ) hosts the
annual RAKEZ Business Excellence Awards 2018.
With the mission of inspiring
excellence, RAKEZ in collaboration with RAK Economic Department will recognise
the companies that played a key role in the economic development of the emirate
of Ras Al Khaimah.
The awards programme is supported by a rigorous assessment process, conducted
by an independent committee that will choose the nominees and winners following
a thorough analysis of the submissions from the competing organisations.
Categories
Aimed
at companies that have been trading for less than one year, this category will
have judges looking for innovative business ideas or a clear point of differentiation.
Did the organisation identify a gap in the market for something new, or perhaps
offer an established product/service with a special twist? The judges will
focus on future potential rather than an entrant’s ability to show turnover and
profit growth at this early stage. Focusing on the business plan, judges will
look at how targets and KPIs have been exceeded and how the vision for growing
the business has been executed in terms of turnover, employment and expansion.
If
your business is less than one year old but has already achieved something
great, we want to hear your story in this category. The first year of a
business is an exciting but difficult time. It can be a constant struggle, but
it leaves entrepreneurs ready to push forward. We want to reward the business
owners who are slugging away on year two and are ready to excel in their third
year.
Scoring
For
each entry in the Best New Startup category, judges will
compare the extent to which candidates have demonstrated excellence in the
following core areas:
§ Growth 15 pts
§ Innovation 20 pts
§ Staff Engagement 15 pts
§ Customer Service 15 pts
§ Leadership 15 pts
§ Ethics 5 pts
§ Financial Performance 15 pts
§ Total 100 pts
Award
Winner
in this category will be awarded with AED 20,000.
CLICK HERE TO DOWNLOAD ENTRY
SUBMISSION FORM
All
written entries and supporting data must be submitted by 20 October 2018.
Aimed at small companies with 25-50 employees
that have been in the market for a few years and striving to build their own
database of clients and increase their level of engagement. Focusing on the
business plan, judges will look at how targets and KPIs have been exceeded and
the vision for growing the business in terms of turnover, employment and
expansion.
Scoring
For each entry in the Best
Small Business category, judges will compare the extent to
which each candidate has demonstrated excellence in the following core areas:
§ Growth 20 pts
§ Innovation 15 pts
§ Staff Engagement 15 pts
§ Customer Service 15 pts
§ Leadership 15 pts
§ Ethics 5 pts
§ Financial Performance 15 pts
§ Total 100 pts
Award
Winner in this category will be awarded with
AED 20,000.
CLICK HERE TO DOWNLOAD ENTRY
SUBMISSION FORM
All written entries and supporting data must
be submitted by 20 October 2018.
This award recognises the company or
organisation that has made the most significant contribution to the growth of
Ras Al Khaimah by enhancing the emirate’s economic and social development.
Scoring
In the Contributor to Ras Al
Khaimah Development category, judges will compare the
extent to which each candidate has demonstrated excellence in the following
core areas:
§ Growth 15 pts
§ Innovation 15 pts
§ Staff Engagement 15 pts
§ Customer Service 15 pts
§ Leadership 15 pts
§ Ethics 10 pts
§ Financial Performance 15 pts
§ Total 100 pts
Award
Winner in this category will be awarded with
AED 30,000.
CLICK HERE TO DOWNLOAD ENTRY
SUBMISSION FORM
All written entries and supporting data must
be submitted by 20 October 2018.
This category is to reward responsible
business practice across the environment and community. The judges will look
for innovative CSR strategies or initiatives that have or are currently making
a real difference to people at a local, national or international level.
This award celebrates organisations that
address a social or environmental need while reinvesting profit or surplus from
trade to achieve their social missions. The award also recognises those
achieving the greatest impact while demonstrating excellence in all aspects of
enterprise – from innovation, staff engagement and customer focus to growth,
leadership and financial performance. Judges will look for pioneering ideas and
approaches that can be adapted in other areas of community service, and will
assess each candidate on the sustainability of the model and potential for
lasting improvement.
Scoring
For each entry in the Best
Corporate Social Responsibility category, judges will
compare the extent to which each candidate has demonstrated excellence in the
following core areas:
§ Growth 10 pts
§ Innovation 15 pts
§ Staff Engagement 15 pts
§ Customer Service 15 pts
§ Leadership 15 pts
§ Ethics 20 pts
§ Financial Performance 10 pts
§ Total 100 pts
Award
Winner in this category will be awarded with
AED 20,000.
CLICK HERE TO DOWNLOAD ENTRY
SUBMISSION FORM
All written entries and supporting data must
be submitted by 20 October 2018.
How To
Apply
1 SELECT THE CATEGORY
RAK DED companies may submit in any of the four categories as
they wish, but each entry must be submitted individually under the appropriate
category.
2 DOWNLOAD THE SUBMISSION FORM
Each applicant must download and complete one submission form
for each award category that the company is entering. All applications shall be
typed in either English or Arabic languages, not handwritten.
3 MAIL YOUR ENTRY
Send your signed
submission form along with relevant supporting data and additional background information
such as press clippings, letters, reports, etc. to ded.awards@economic.rak.ae.
All written entries and supporting data must be submitted by 20
October 2018.
Effective
Pointers
Here are some effective pointers to complete the form:
§ Answer
all of the questions
§ Look out
for those scoring areas with the highest weightings
§ Tell a
story and paint a picture
§ Use
brief anecdotes, case studies and testimonials
§ Avoid
unnecessary details
§ Provide
financial figures in terms of percentages to help in assessing the financial
performance of your company
§ Focus on
exceptional and attention-grabbing aspects
§ Demonstrate
impact
§ Present
key facts and figures in context
§ Highlight
importance
§ Answer
the question: why is the achievement significant for your business, industry or
region
Terms for
Submission
GENERAL RULES AND GUIDELINES FOR THE RAKEZ EXCELLENCE AWARDS:
§ Nominees
for all categories will have to submit a written submission with their
achievements in the last two years.
§ Participation
in the award is optional, but we urge all free zone and non-free zone companies
to participate.
§ Minimum
of 40 points score is required in all categories; otherwise the category will
not be included.
§ Minimum
of two nominees are required for each category. However, if only one nominee is
nominated, then a minimum of 50 points score is required. In cases where the
scores are equal, then no more than 2 nominees are allowed to be selected.
§ Winners
will be awarded in accordance to the incentives policies approved by RAKEZ Business Excellence Awards.
§ RAKEZ
Business Excellence Awards will select the judging committee members.
§ The
organisation may submit entries in as many categories as they wish, but the
individual entries must be submitted under each category.
RIGHTS AND LIMITATION OF LIABILITY:
§ All
entry submissions are the property of RAKEZ Business Excellence
Awards.
§ RAKEZ
Business Excellence Awards, at its sole discretion, has the right to alter or cancel part
or all of the Awards at any time.
§ RAKEZ
Business Excellence Awards excludes all liability for any loss, injury or damage
suffered or incurred by you and arising from or in relation to the Awards,
whether arising from breach of contract, tort, and negligence or otherwise,
including the breach of any third party intellectual property rights.
§ You
agree to indemnify and hold RAKEZ Business Excellence Awards and its respective
partners and employees harmless from and against any liabilities, losses,
claims, costs damages or expenses (or action that may be asserted by any third
party) that may result from any third party claims arising out of or in
relation to your participation in the awards programme.