Pomp and colour as Crown Paints clinches company of the year award

Beta Healthcare’s Dr Sanjay Advani won the CEO of the year award.

Companies that won awards in other categories included Lapfund, CPF Financial Services Ltd and Twiga Chemicals.

Kenya Institute of Management (KIM) is the brainchild of the awards and uses an assessment tool — Organisational Performance Index (OPI) — to rate the performance of businesses on a scale of one to 10, with 10 as the highest score.

The key objective of the awards is to assess the performance of companies in certain areas for purposes of benchmarking them against global business metrics so as to boost competitiveness and excellence.

The participating companies are also rated for their corporate social responsibility, environmental focus, productivity and quality.

Speaking at the event, KIM Chief Executive David Muturi said: “COYA has become an event bringing together organisations that have embraced and completed the Organisation Performance Index —OPI— Business Assessment process based on global benchmarks.”

Moving in right direction

And again in October this year, Mr Kariuki wrote to DPP enquiring about the file.

He said since the performance index was introduced,   365 companies (big and small) had undergone OPI assessment and were at different stages of implementation.

“This year and in this event, we will be recognising 14 organisations that have completed the rigorous but exciting OPI process,” said Muturi.

Information Communications and Technology Cabinet Secretary Joe Mucheru, who was the chief guest at the event, said the country is rapidly embracing the penetration of technology and is moving in the right direction.

The award, themed “Leveraging Information and Communication Technology for Business Excellence”, recognised the role technology plays in global businesses.

KIM chairperson Alice Owuor said there was need for businesses to leverage ICT to become more customer-centric by offering customer solutions and increasing user experience.

The 17th edition of the awards was organised by KIM in partnership with the Standard Media Group as the official media sponsor, Britam, Smoothtel, Chandaria Foundation, SAD Foundation, Jubilee Insurance and Kenya Pipeline Corporation.

The annual ceremony is held to award firms through  OPI to determine the level of business excellence and competitiveness in the global market place.

Increase competitiveness

The OPI model was developed as a framework that drives performance and competitiveness in  business.

Small and Medium Enterprises (SMEs) are incoporated with a view to scaling up enterprises of this size to become bigger corporates.

Launched 16 years ago, COYA aims to promote excellence and integrity in management practices to increase local competitiveness and performance.