Financial Times

New look for national productivity awards
The National Productivity Awards 2003 organised by the Ministry of Employment and Labour is to be launched with a new improved evaluation model and more comprehensive evaluation criteria, the National Productivity Secretariat announced.
This competition is conducted for three sectors: private, public and school.

The private sector competition has been divided in to three categories: large scale, medium scale and small scale for both service and manufacturing sectors.
The National Productivity Secretariat has conducted several productivity related seminars and workshops with the assistance of the Asian Productivity Organization headquartered in Japan.

It has re-launched the national productivity competition with an evaluation model and a transparent set of evaluation criteria. "As promised to the participants last year, a detailed marking scheme has been introduced for the first time and now the National Productivity Award Scheme could be considered as on par with international award schemes on quality and productivity," the Secretariat said in a statement.

The closing date for applications, to be called in November, would be January 2004.
"Many companies have reported that with the improved economic scenario in Sri Lanka and better corporate results being announced, the enthusiasm by companies for taking part in competitions of this nature is very much greater."

Another amendment to the evaluation criteria is that only an index showing the trend of performance, instead of the absolute accounting figures, is being asked for this time.

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