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

Raising the Bar: How Fiji’s Business Excellence Awards Drive Economic Growth

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The Fiji Business Excellence Awards play a pivotal role in enhancing industries across the nation, according to Bob Mitchell, Director of the National Training and Productivity Centre at Fiji National University. He emphasizes that by increasing productivity, there is a corresponding rise in GDP, which positively affects the quality of life and fuels economic growth.

Mitchell notes that a focus on productivity not only strengthens competitiveness among industries but also leads to improved quality of services and products. This enthusiasm was palpable during the awards night at the Sheraton Resort in Denarau, where companies actively participated in celebrating achievements. Outgoing President Ratu Wiliame Katonivere highlighted the importance of maintaining the pursuit of excellence as a foundation for national progress.

The awards serve as a catalyst for fostering a culture of continuous improvement, challenging organizations across Fiji to aim for higher standards. They offer a structured framework that aids businesses in enhancing various operational aspects, from leadership and strategic planning to customer satisfaction and workforce engagement. For those honored, the journey transforms their organizations beyond just financial gain, boosting leadership, workforce morale, and customer relations, which in turn significantly impacts the national economy.

Mitchell advocates for clear pathways that the awards create for businesses striving to boost operational efficiency, customer satisfaction, and employee engagement. By instilling values of innovation and continuous learning, Fiji can better equip itself for a competitive global market.

The true merit of the awards extends beyond recognizing high-performing businesses; they can spur other companies toward elevated standards. If embraced, this initiative could lead to substantial economic opportunities.

Mitchell points out that heightened business performance could lead to job creation, increased productivity, and improved services, ultimately benefiting the economy over time. Therefore, the emphasis may shift from merely celebrating achievements to promoting these awards as a catalyst for meaningful change, encouraging businesses to pursue greater ambitions.

There exists a significant potential for sustained economic growth and improved productivity, which would be favorable for individuals, businesses, and the nation as a whole. The next challenge lies in motivating more companies to engage in this journey, a prospect that bodes well for the future of Fiji’s economy.

Overall, the Fiji Business Excellence Awards embody a hopeful vision for economic growth, urging businesses and the broader community to strive for excellence together.


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