Business Insider and Scott-Moncrieff E250 2008
Recognising the achievements of Scotland's growing companies
Scottish Business Insider and Scott-Moncrieff E250 awards 2008
The Enterprise 250 is a survey which monitors the performance of companies with turnover between £5m and £15m. The list only includes companies which are Scottish owned and headquartered in Scotland and generate 90% of their turnover in the area.
The Enterprise 250 Awards received a warm reception when they were launched last year to recognise the achievement of Scotland's best performing smaller companies. Click here for more information on E250 2007
The Awards recognise exceptional achievement by Scottish companies in a number of areas including leadership, innovation and focus. Also recognised are the people who continue to drive Scotland’s SME sector forward.
This year seven awards will be presented on Wednesday 29th October 2008 at the Radisson Hotel, Glasgow.
Click on the links below for more:
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Award categories: Most Focused E250 Business, Business Leadership, Innovation & Design, Best Employer, Best Newcomer, Fastest Growing and E250 Company of the Year.
Key dates:
Site Visits Commence: Monday 1st September - Friday 19th September
Judging Date: Friday 3rd October 2008
Awards Event: 29th October 2008, Radisson Hotel, Glasgow
Strategic approaches to being successful in the marketplace often means that an organisation is focussed on key objectives and plans to meet the goals set by the organisation’s management. This award is for the organisation that demonstrates that planning strategically has resulted in the achievement of their mission.
The judges will be looking for:
Company description and goals
- Vision, mission and values
- Description of organisation
- Service provided
- Innovation involved (product/service or process)
- Market share
Strategy
- Short, medium and long term business objectives clear
- Strategies for meeting objectives clearly communicated
- Evidence of successfully deployed strategy
Resourcing for objectives
- Targets communicated to appropriate actors
- Staff appropriately resourced and deployed
- Appropriate finance arrangements put in place
- External stakeholders involved appropriately
Monitoring
- Targets/objectives set and documented
- Documentation reviewed appropriately
- Evidence of target achievementor
- Contingency planning in order to meet overall objectives
- Evidence of achieving overall objectives
back to top Click here to nominate
E250 Business Leadership Award
Leadership is vitally important to the success of any company and, in this award, leadership can mean the actions of an individual at the top of an organisation, or an individual may be nominated by an organisation based on how they lead part of an organisation. In many companies it is the team effort that ensures project completion and success and the efforts of a team, leading a major initiative for an organisation, can also be recognised.
The judges will be looking for:
Company description and goals
- Vision, mission and values
- Description of organisation
- Service provided
- Innovation involved (product/service or process)
- Market share
Relationship with staff
- Evidence of clear communications
- Evidence of encouragement of CPD, educational development
- Promotion and resourcing of CPD, educational development
- Rewards system in place for staff experience and achievement
- Inclusive strategy and decision-making environment
- Involvement of staff
- Intrapreneurship fostered and rewarded
Relationship with external agents
- Evidence of clear communications
- Evidence of relationships with financiers, suppliers and other stakeholders fostered
- Relationships with customers and clients fostered
- Evidence of use of customer/client feedback in-firm
General Leadership
- Leadership conveys enthusiasm and entrepreneurship
- Objectives/strategy communicated throughout and outwith the firm effectively
- Leadership presents a firm-wide vision
- Evidence of in-firm shared vision
back to top Click here to nominate
E250 Award for Innovation & Design
This award can be for design or innovation or both. Design can apply to many things including products, business systems or processes, software development, service delivery and designs of company logos. Innovation though means that it is something new to reach the marketplace and this can be a product, process or service.
The judges will be looking for:
Company description and goals
- Vision, mission and values
- Description of organisation
- Key area of design and/ or Innovation identified eg product/service, design process, solutions provision etc.
- Description of above in business context
Description of the innovation(s) - (products, services or processes)
- Evidence of successfully launched design
- Product, service or process – new way of business operation, – impact on customer, and strategic direction of the organisation
- Evidence of the idea generation, research and development – including personnel involvement, creativity and the use of knowledge.
Resourcing for objectives
- Targets communicated to appropriate actors
- Staff appropriately resourced and deployed
- Appropriate idea generation arrangements/methods put in place
- External stakeholders involved appropriately
Monitoring
- Marketing intelligence
- Innovation and marketing plan
- Development of strategy
- Reviewing and updating strategy
- Evidence of success e.g. innovation awards, peer recognition, customer perception etc.
back to top Click here to nominate
This award relates to aspects of the organisation and how the company looks after its employees. Reward and motivation of employees are key drivers in this award. Rewards can take many forms including structural (such as part ownership through shares) financial (such as special payments or bonuses), educational or training (for example, degree or masters programme support), or through other means such as underwriting a company football team. The company values and CSR activities are also important key areas to explore.
The judges will be looking for:
Company description and goals
- Vision, mission and values
- Description of organisation
- Key area of employee involvement and sense of belonging
- Description of above in the business context
- Corporate Social Responsibility involvement
- Activities defined
- Extent of personnel development
- Monitoring of CSR e.g. impact
Description of the motivation systems in place
- Evidence of successful induction programme
- Reward systems in place – types and extent of involvement
- Comparison with other like organisations
- Evidence of the idea generation from staff – including personnel involvement, creativity and the use of knowledge.
Resourcing for objectives
- Targets communicated to appropriate staff members
- Support for staff appropriately resourced and deployed
- Appropriate idea generation arrangements/methods put in place, including feedback to staff members
- External stakeholders involved appropriately
Monitoring and Support Information
- Personal Development plans
- Personnel survey results
- Involvement in idea generation
- Educational achievements supprted through company
- Training plans – individual, team etc.
- CSR activities
- Feedback from other sources e.g. FSB, or Chamber
- Evidence of achieving overall objectives
back to top Click here to nominate
Fastest Growing E250 Company of the Year
An award will be given to the company which has achieved strong growth. However it will not merely be awarded to a company with the highest turnover increase. The judges will also look as past performance and also bear in mind any rises due to one off factors such as property sales.
Best E250 Newcomer of the Year
This award will go to exciting companies which have entered the Enterprise 250 for the first time and, in the judges view, have the potential for future growth.
The judging panel will select one of the nominated deals from the categories above.
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Entrants may enter more than one category and can self-nominate.
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You must nominate on-line at www.e250awards.co.uk
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Following submission of your nomination the nominee will be immediately issued a questionnaire from our researcher, Edinburgh Business School at Heriot Watt University. You must complete and return this questionnaire by the deadline date Friday 29th August.
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All additional material must clearly state company details and award category applied for.
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The judges decision is final and no correspondence will be entered into.
It is quick and easy to nominate, just click hereand fill in your details, the category you wish to nominate and a short reason for your nomination.
On submission of your nomination you will immediately be issued a questionnaire from our researchers atHeriot WattBusiness School which you should complete and return with any additional material you feel supports your nomination.
Your questionnaire will ask you to provide a note of some dates and times that you would be available to participate in a site visit from our researchers at Edinburgh Business School. This visit will take place on your premises and is not expected to last more than 2 hours.
back to top Click here to nominate
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Site Visits Commence: Monday 1st September - Friday 19th September
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Judging Date: Friday 3rd October 2008
Judging for all seven award categories will be extremely thorough and will be carried out by our independent judging panel following the closing date.
All award finalists will be posted onto our website and the dedicated E250 wevsite w/c 13th October 2008. All awards will be presented at the Awards Ceremony and Dinner at the Radisson Hotel, Glasgow on Wednesday 29th October 2008.
Date: Wednesday 29th October 2008
Where: Radisson Hotel, Glasgow
Time: 6.30pm for 7.00pm
Dress: Black Tie/Highland Dress
Host & Speakers: tbc
More quick links:
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E250 website: more information on the awards
