Our Evaluation Criteria

The evaluation criteria for each of our awards are designed very specifically to be able to capture quantifiable insights, but predicated on a “Belief Statement” that captures what we are looking for. Each scorecard is based on the 'Belief Statement' that encapsulates all the dimensions that define a well run institution in this category. This Belief Statement is then broken down into its components and we then set out to identify the quantifiable data that we can use as proxy for each criterion. Each Belief Statement can be broken down into its “Elements” so that candidates will know exactly what we are looking for and how much weightage we give to each of them. Each of the “Elements” is supported by quantifiable data, some which are specific financials and others which are proxies for conceptual areas, and we add them all up into a scorecard. The scorecard attempts to be as objective and transparent as possible, giving us an opportunity to discuss with the different participants of what we think we understand. The scorecard also presents us with an ability to subsequently draw up GAP analysis that can be universally applied in any benchmarking exercise.