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Awards & Categories > Fastest Growing Company of the Year  
 

This Award recognizes the company that shows the largest growth rate in terms of business (revenue, market share and customers)with positive trends in a number of areas.

 
Criteria No. Criteria Description Weightage
1 Fastest % of revenue increase over 2-3 years 25%
Examples may include:
  • Trend analysis based on financial results, market, growth etc.
  • Trend of growth in past two to three years of various business parameters including business turnover,sales, market share, number of products, financial. (may be indexed for confidentiality)
2 Company to have a higher / comparable growth rate to its key competitors 15%
Examples may include:
  • Ability to identify competitor statistics and trends, evidence of strategic initiatives to exceed competition.
  • Indication of positive trends in market sector by published data, intelligence, media reports
3 Number of new customers gained during the past two years linked to profitability 15%
Examples may include:
  • Charts or tables of increase in the number of customers, suppliers, vendors, partners,mergers, acquisitions etc.
  • Analysis or study of new customer based on growth in profitability, revenue etc.
  • Trends and Analysis of new customers having positive impact on business results,market growth (non-financial).
4 Number of successful new products, services and projects introduced over past two years 25%
Examples may include:
  • Trend in increased number of new products or services (diversification and growth).
  • Customer feedback on new products launched in the market.
  • Demonstration of what made a product or service “successful”
5 Percentage of new jobs created as a result of expansion of the company business 20%
Examples may include:
  • Opening new offices, increase in office space, increase in number of employees.
  • HR KPIs, number of vacancies filled in or new positions created.
  • Increase in staff directly related to the new or expanded business
Total:     100%
 
   
   

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