FT/IFC TRANSFORMATIONAL BUSINESS AWARDS 2019 Awards … · Awards Criteria FT/IFC TRANSFORMATIONAL...
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Transcript of FT/IFC TRANSFORMATIONAL BUSINESS AWARDS 2019 Awards … · Awards Criteria FT/IFC TRANSFORMATIONAL...
Awards Criteria
FT/IFC TRANSFORMATIONAL BUSINESS AWARDS 2019
INN
OV
AT
ION
SC
ALA
BIL
ITY
IMPA
CT
S
LEVEL 1Business As Usual
LEVEL 2Adequate
LEVEL 3Commendable
LEVEL 4Notable
LEVEL 5Transformational
Business Model Approach Proven approach Best practice in existing marketsInnovative approach within country context
Innovative approach within regional context
Transformative initiative
Market InnovationExisting products or services to existing markets
New products and services to existing markets
New products and services to new domestic markets
New products or services to new regional markets
Transformative products or services to new markets
Financial Structure Proven structure Best practice in existing marketsInnovative approach within country context
Innovative approach within regional context
International groundbreaking structure
Approach to Diversity and Inclusion
Proven approach Best practice in existing marketsInnovative approach within country context
Innovative approach within regional context
International groundbreaking structure
Environmental Impacts & Benefi tsNo environmental benefi ts, potential negative impacts
No signifi cant environmental benefi ts
Limited environmental benefi tsSignifi cant environmental benefi ts and mitigation of material impacts
Exceptional environmental benefi ts and full mitigation of material impacts
Social Impacts & Benefi tsNo social benefi ts, potential negative impacts
No signifi cant social benefi ts Limited social benefi tsSignifi cant social benefi ts and mitigation of material impacts
Exceptional social benefi ts and full mitigation of material impacts
Economic Impacts & Benefi ts Negative economic returns Variable economic returns Stable economic returns
Signifi cant economic returns, demonstrate potential for exceptional returns in the medium/long-term
Exponential economic returns
Potential for Scalabilityand Replicability
Not scalable or replicable without loss of benefi ts
Limited replicability, loss of benefi ts in scaling up
Limited replicabilityPractice likely to be replicated within market segment, increased benefi ts in scaling up
Practice likely to be replicated as a new international standard, signifi cant benefi ts increase in scaling up
Financial Sustainability Negative fi nancial returns Variable fi nancial returns Stable fi nancial returns
Signifi cant fi nancial returns, demonstrated potential for exceptional returns in the medium/long term
Exceptional fi nancial returns