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Illustration of Editorial Comment | Sustaining economic growth in the long term?

Fiji Business Excellence Awards: A Catalyst for Economic Growth?

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The Fiji Business Excellence Awards play a vital role in enhancing productivity across various industries in Fiji, according to Bob Mitchell, the Director of Productivity and Innovation at the Fiji National University’s National Training and Productivity Centre. He emphasized that increasing productivity directly correlates with growth in the country’s GDP and subsequently improves overall quality of life and economic development.

During the awards night at the Sheraton Resort in Denarau, there was palpable enthusiasm as companies celebrated their achievements. Outgoing President Ratu Wiliame Katonivere attended as the chief guest and expressed confidence that his successor would continue to prioritize excellence as a key contributor to national progress.

Katonivere highlighted the pursuit of excellence as challenging, yet crucial for the nation’s advancement. He stressed that improving productivity remains central to Fiji’s development and that the awards have fostered a culture of continuous improvement, motivating organizations to uphold higher standards.

Mitchell noted that the awards provide a structured framework for businesses to refine operations, focusing on vital areas such as leadership, strategic planning, customer satisfaction, and workforce engagement. The transformations experienced by award-winning companies not only enhance their financial success but also positively impact their organizational dynamics and relationships with customers, ultimately benefiting the national economy.

The significance of the awards lies in their ability to underscore the importance of structured success, guiding businesses toward improved operational efficiency and employee engagement. There is an implicit accountability that fosters a shared commitment to elevate standards, alongside a culture that encourages innovation and continuous learning.

Looking ahead, there’s potential for the awards to inspire businesses to address challenges proactively. If companies actively work on raising their standards, the outcome could be a ripple effect of enhanced productivity, job creation, and better services and products, pointing toward a brighter economic future.

The overarching message remains clear: striving for excellence isn’t just a celebration of success but a catalyst for long-term growth and sustainability in Fiji’s economy. Engaging more businesses in this initiative will undoubtedly yield positive outcomes for both the industry and the nation as a whole. This endeavor presents a hopeful prospect for sustained economic growth in the coming years.


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