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Multinationals Rule The Roost AtFNCCI Excellence Awards 2010

  2 min 2 sec to read

Standard Chartered Bank Nepal has bagged the FNCCI National Excellence Award 2010 presented by Federation of Nepalese Chambers of Commerce and Industry (FNCCI). Similarly, Unilever Nepal won the Service Excellence Award while Surya Nepal received the People’s Excellence Award. Prime Minister Jhala Nath Khanal gave away the awards to the winners amidst a special function organised by FNCCI recently.
 
Lomus Pharmaceuticals and Nepali Paper Products won the National Excellence Award under medium and small industry category respectively while Hulas Wire Industries received National Class Certificate Award. For Service Excellence Award, Direction Nepal was the winner under medium scale industry category while Quest Entertainment won it under the small scale industry category. Likewise, Butwal Power Company and Nepal Pharmaceuticals Lab bagged the award under the large scale industry category.
 
Kumari Bank and Quest Pharmaceuticals were awarded People’s Development Certificate under People’s Excellence Award.
 
FNCCI Excellence Award was instituted in 2001. Earlier, Surya Tobacco (2001), Standard Chartered Bank Nepal (2003) and Surya Nepal (2005) had won the prestigious award.
 
Fifteen companies vied for this year’s awards sponsored by Nimbus Agri Business Enterprise.
 
The awards are given in three categories: National Excellence, Service Excellence and People Excellence. These three categories are further divided among large, medium and small industry categories. According to FNCCI President Kush Kumar Joshi, the awards recognise overall excellence. Customer service, employees’ development and satisfaction are among the parameters taken into consideration for the awards.
 
Speaking at the event, Prime Minister Khanal praised the awards selection process as scientific and expressed hope that the participant companies take the feedback from the evaluation process seriously and improve their quality.
 

FNCCI President Joshi said, “The excellence awards are not merely recognition of the past achievements but they also provide a framework to improve performance in the future.” He hoped that the Excellence Awards will be able to create a benchmark for existing businesses and industries in Nepal. He explained that the award is created in the best fit model for Nepal after examining similar awards in the US, Japan and India.

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