Sunday, May 26, 2024
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FBE Framework drives economic prosperity: President

The Fiji Business Excellence Framework plays a decisive role in driving the nation’s economic prosperity, says the President, His Excellency, Ratu Wiliame Katonivere.

His Excellency highlighted this while officiating at the launch of the 2024 Fiji Business Excellence Awards (FBEA) at the Grand Pacific Hotel in Suva last night.

He said the FBEA fosters a more competitive business environment by encouraging businesses to adopt best practices that lead to increased productivity, quality, and innovation.

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The President Ratu Wiliame Katonivere speaks during the launch of the 2024 Fiji Business Excellence Awards (FBEA) at the Grand Pacific Hotel in Suva. Photos courtesy of Fiji Government.

“In turn, this attracts investments, creates jobs, and contributes to overall economic well-being. Additionally, the Framework’s emphasis on employee engagement empowers a skilled and qualified workforce, further encouraging economic growth.”

“Tonight, we honor not just individual accomplishments, but the collective strength, resilience, and ingenuity of our very own business spirit. We pay tribute to those who have braved challenges, emerged stronger, and become more sustainable and attuned to the needs of our people and our nation.”

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President Katonivere acknowledged the Fiji Business Excellence Awards Framework benchmarks best practices from high-performing organizations around the world, equipping applicants with a clear understanding of the key areas they need to excel in.

“Organisations are evaluated based on their response to the various requirements of the Awards criteria, ensuring a rigorous and comprehensive assessment process.”

“I am pleased to note that the FBEA programme is open to a broad range of organisations in Fiji. The pinnacle of achievement, being the President’s Business Excellence Award, has been awarded to 11 local organisations over the past 25 years.”

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President Katonivere further added that in the last 25 years, the FBEA has recognised the excellence of 137 local organisations, awarding them a total of 305 FBEA awards.

Among these exceptional achievers, 74 were from the private sector and 63 organisations from the public sector.

Fiji National University Vice-Chancellor, Professor Unaisi Nabobo-Baba acknowledged the head of state for his patronage,, signifying the deep understanding you hold for the vital role businesses play in shaping our nation’s prosperity and well-being.

Unaisi Nabobo Baba

“For the past 25 years, the Fiji National University’s National Training and Productivity Centre (NTPC) has been the driving force behind the Fiji Business Excellence Awards (FBEA),” she said.

Reginald Chandar
Reginald Chandar
Head of News & Sports | news@fijilive.com

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