Being a Top 100 firm is the prize for consistent excellence

KenGen acting MD Simon Ngure ((in black coat)) at a past tour of Kindaruma Dam: He said the State firm will maintain its equity to debt ratio. Photo/FILE 

By LINUS GITAHI

Posted  Wednesday, October 30  2013 at  22:32

In Summary

• The Business Daily is proud to be associated with the Top 100 Mid-sized companies Awards and continues to support entrepreneurs driven by the knowledge that a being a true leader means sharing in order to achieve more. We celebrate the future definition of East Africa’s economy.

A properly developing project; be it an individual or organisation, at the age of six, becomes capable of performing increasingly complex tasks and as a result strives to master new skills.

The annual Top 100 SMEs award is in its sixth edition and the enthusiasm of being capable of embracing new challenges with the experience garnered over the years, fuels the spirit of celebrating the men and women who have made a mark in the world of entrepreneurship.

Celebrating milestones such as several Top 100 companies joining the Club 101, having the awards hosted in four countries out of five in East Africa and enhancing employment in the region not only through the empowered organisations but also by popularizing the culture of entrepreneurship amongst the young East Africans makes the Top 100 SMEs custodians - Nation Media Group and KMPG – very honoured indigenous protagonists.

Being a Top 100 company is the game-changer for the entrepreneur who works tirelessly to realise their vision –the defining moment of being either industrious or inferior; being productive or dependent is the task at hand.

We relentlessly support this initiative because the celebrated entrepreneur continuously proves that free or private enterprise is the dynamic force behind innovation and much required economic growth.

This award provides the participants with a conference and exhibition; this forum facilitates networking, marketing and educational opportunities.

Most SME’s are family run businesses and through this exposure catapults these organisations into professional outfits who may just earn a listing on the Nairobi Securities Exchange.

This exposure provides reflection on the business confidence outlook, talent management policies, involvement in corporate social responsibility and the role played by innovation in their operations.

As Africa is known for its lack of information with which to make well informed strategic decisions, the proponents, Nation Media Group and KMPG will consolidate a database of Top 100 SME’s from different regions.

The participants therefore contribute to the development of an industry archive. Quite importantly, this provides the participants with a platform to form business associations with relevant and like-minded partners to transact business and further, to benchmark themselves against their peers.

Who knows, this may be the launching pad for mergers in the region to competitively trade within and beyond the region as multinationals.

As leaders in their respective businesses, it is imperative that they maintain best corporate governance practices and risk management processes that are cognisant of the level of business maturity to ensure they maintain the respect earned through participating and being recognised as a Top 100 SME.

Now, as renowned leaders in entrepreneurship, with advanced skills acquired through the recognition process that is the Top 100 Survey, it is then expected that they cascade this experience to other ‘younger’ entrepreneurs in their field of industry as success will lead to a sense of competence and failure leads to dependency.

The Business Daily is proud to be associated with the Top 100 Mid-sized companies Awards and continues to support entrepreneurs driven by the knowledge that a being a true leader means sharing in order to achieve more. We celebrate the future definition of East Africa’s economy.

Congratulations to all the 2013 winners!