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Award Schemes – worthy or worthless? by Pat Costello ICT Cluster Manager & Principal Lecturer, School of Computing and IT, University of Wolverhampton

Author: Pat Costello
Last Updated: 10/1/2009 5:12:55 PM

Summary

How can you earn respect from business peers, increase sales and boost team morale all in one go? One way is by winning an industry award. There’s no question that it requires an investment of time, but if you believe your company is a potential winner, then the rewards really are significant.

Article

How can you earn respect from business peers, increase sales and boost team morale all in one go?  One way is by winning an industry award.  There's no question that it requires an investment of time, but if you believe your company is a potential winner, then the rewards really are significant.

The benefits range from increased visibility and positive perception of your company, products and services to the creation of a valuable marketing and sales tool offering reassurance to customers and prospects.  The endorsement can be used on everything from the website, to sales collateral to invoices.  It's not just the winners that can take advantage of the recognition but any organisation that becomes shortlisted or a finalist.

There are a whole host of schemes worth entering run by professional bodies, publishing companies and government organisations.  Searching the internet is a good starting point or it's possible to subscribe to a specialist awards alert service which will notify you when a relevant scheme is launched. 

There are technology focused schemes including the ' UK IT Industry Awards', run by the British Computer Society, and vertical market awards for IT being used in sectors such as manufacturing, retail or finance.  They generally include categories for private and public sector, innovation, growth and usage.

In addition to technology awards, there are a range of national and regional business awards as well as schemes focused solely on recognising the achievements of small businesses and start-ups.

One of the biggest regional IT award schemes is the ICT Excellence Awards run by Advantage West Midlands.  It's free to enter and includes categories for Best Innovative Product, Best Innovative Service, Best Added Value Product, Best Added Value Service, Best Added Value Project, Best Knowledge Transfer Project and Most Improved Business. The deadline for entry is 2 October with the overall winner receiving £2,000. 

In 2008, 29 local companies were recognised at the awards including Wolverhampton-based W3 Insights which won the Best Private Sector Project Award and was highly commended in the Best Innovative Service Award category for its 'Cassandra' service to education.  Some of the previous winners of the ICT Excellence Awards have also gone on to receive recognition in other events including Rapide Communications, the Overall Champions in 2008, who became National winners of the Chamber Awards 2008 and were finalists in the 2009 National Business Awards.

There's no question that competition in many of the awards can be fierce so it's important to spend time on your entry to give yourself the best chance.  Firstly, read through the categories and find the one that best reflects your achievements.  It may even be worth entering more than one.  Check the entry criteria to ensure you qualify, otherwise there's no point in going any further.

Entry forms are generally straight forward and require a clear and simple explanation of why you deserve to win.  The crucial thing is to be concise and factual and, wherever possible, provide evidence of your achievements. Depending on the category entered this could include sales figures, proven service or product benefits, customer testimonials, business partnerships and company growth.  It's always worth getting an unbiased opinion on your entry to ensure it reads clearly and portrays your organisation to its best effect.

Analysing why your company deserves to win is a useful exercise in itself and may provide useful input for marketing and sales collateral or highlight areas for development.

Entering awards may seem like a lot of work but the potential rewards justify the effort.  There are numerous schemes encompassing all the different sizes and sectors of the business community.  Success can be recognised in many ways from product design, to customer service to environmental concern.  In short there is something for everyone.

Building up a successful business from scratch takes an enormous amount of dedication and effort.  Everybody appreciates recognition so why not demonstrate your pride in your achievements and see what you can win.

 

The Author

Pat Costello

Pat Costello is the ICT Cluster Manager & Principal Lecturer at the School of Computing and IT, University of Wolverhampton

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