The Award
MMA has always promoted sound management knowledge, experience and ideas in various disciplines. MMA instituted this award in the year 2002 with the objective of annually awarding excellence in managerial thinking, action and demonstrable results, to companies and institutions with their corporate or registered office in any of the Southern States of Andhra Pradesh, Karnataka, Kerala, Puducherry, Tamil Nadu and Telangana.
MMA Awards for Managerial Excellence are designed to recognise and reward companies and institutions that are broadly comparable. Towards this, fourAwards are given in the following categories:
Category A: Manufacturing Sector
Category B: Services Sector
Category C: SME Sector
Category D: Educational Institutions
Definition of Small & Medium Enterprises (SME): Organisation with an annual turnover of upto Rs.100 crores (net sales - i.e. excluding all taxes such as GST, cess, etc.)
Parameters for Judgement
MMA Awards are given to companies/ institutions/ leaders who have excelled in their business segment. The focus is on overall managerial excellence rather than on select functional areas of excellence. Weightage will be given to those companies/institutions/individuals whose initiatives helped in bucking the trend during the Pandemic and opened up new avenues of growth in their respective industries. The judgement will be based on the company’s vision and goals and how leaders have directed the various disciplines of management in a focused manner to meet or exceed the objectives set.
Independent Jury
MMA Managing Committee has constituted an independent jury comprising people with proven track record of excellence in their chosen fields. The process of adjudication will be facilitated by President MMA and a Deloitte Touche Tohmatsu India LLP representative. Deloitte Touche Tohmatsu India LLP (Deloitte) has been appointed by MMA as a consultant to help in the process of shortlisting the candidates by providing industry information and analysis of various companies/institutions.
* Divisions of companies are also eligible to apply if they are able to provide divisional financials and initiatives that are identifiable with the division. If the data/information on specific parameters is not identifiable with the division, the same would not be considered for the purposes of evaluation.
The Process
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Initial nomination: Nominations are invited from companies / institutions who either have their corporate headquarters or registered office within the Southern States of Andhra Pradesh, Karnataka, Kerala, Puducherry, Tamil Nadu and Telangana. The companies / institutions can also send their self-nominations. The attached nomination form can be used. Do send in the nominations by Wednesday, 15th May 2024.
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Information Sheet: All nominees after initial scrutiny will be asked to submit detailed information by Monday, 20th May 2024.
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Supplementary information: Any supplementary information if needed, will be sought and received from specific nominees by Friday, 31st May 2024.
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Jury evaluation: Jury will meet as appropriate and determine the final awardees by Friday, 14th June 2024. Awardees will be intimated soon thereafter.
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Seminar on Managerial Excellence: Awardees will be invited to make a presentation on their managerial process of excellence that helped them win the Award, at a seminar preceding the MMA Annual General Meeting on Friday, 5th July 2024.
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Award ceremony: The Valedictory session of the “Seminar on Managerial Excellence” will be the prelude to the AGM. The Chief Guest of the AGM will present the Awards at the session to which all MMA members, special dignitaries and media will be invited.
The Managing Committee of MMA reserves the right to change the process of determining awardees or the dates mentioned herein without any notice.
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