Eligible entries submitted for the PIP Awards will be thoroughly assessed by a panel of judges. The 2012 Judging Panel comprises representatives from the centre, together with representatives from the major operating companies within the Group, and a guest judge from outside the organization to help select the Grand Winner.
All teams are judged primarily on their Performance and need to demonstrate business success. Across all categories preference will be given to entries that show a contribution to the sustained performance of the business.
Performance
The judges are looking for breakthrough performances including, but not limited to:
- Significant increase in profits/sales
- Business growth
- Evidence an idle or under-performing fixed asset has been transformed into performing assets
- Significant cost reduction
- Elimination, alleviation or reduction of liability or risk
- Enlargement of customer base or an increase in customer satisfaction
- Brand enhancement
- Successful integration of new acquisition
Five Elements
All entries under each award category need to demonstrate business success. You may find it useful to note the Five Elements that have been consistently present in most successful PIP award entries in the past ten years.
The Five Elements are:
- New Ideas — Innovating and going beyond boundaries
- Setting Goals — The vision to strive for and reach new performance heights
- Customer Care — Understanding customer needs and providing world class service.
- Importance of People — Working as teams, sharing values, developing new skills and learning from each other
- Tenacity — Adopting a ‘can-do’ spirit and a determination to solve problems and overcome obstacles
Sustainability
The PIP Awards will also recognize initiatives that manage risk and seek out opportunities that contribute to the overall wellbeing and long-term prospects of operation companies, and therefore the Group.
This year, for the the first time, the PIP Awards judges will consider whether projects entered into every category show a contribution to the sustainability goals of the business.
Where relevant, highlight measurable benefits gained as a result of the sustainable practices adopted in your business.
Taking a broad view, sustainability may encompass the following areas:
Social and Corporate Governance — How your team managed social risks such as local concerns, or your approach to ethical issues.
Environmental risk management — Share your experience of reducing your operation’s environmental impact or explain how you addressed environmental threats such as toxic waste and resource degradation for the long-term benefit of the business, employees and other stakeholders, such as the local community.
Health and safety — how your team manages risks to protect their colleagues, consumers and the general public.