The Lloyds Bank - National Business Awards UK 2017

13th November 2018


The Innovation Award

Has your innovation had a huge impact on your organisation, company or industry?

Is it a new service that has improved your clients' experience or a product that has had an impact on your customers' everyday life?

This Award recognises the company that successfully applies any form of innovation, celebrating the ideas that have had the greatest impact on an organisation, company or industry.

Whether the innovation is a new product, a service or a culture of improvement, the judges will look for evidence of how the innovation has been developed and applied to improve commercial performance, operational effectiveness or customer engagement.

Open to any organisation operating in the public, private or third sector, this Award will go to the company that can best demonstrate an innovation or innovative approach that has:

•           Created competitive advantage

•           Contributed to significant growth

•           Transformed the organisation or wider industry

•           Improved overall financial performance

•           Achieved operational excellence

•           Embedded ethical or sustainable practices

•           Helped staff deliver better customer service

•           Increased market share or customer loyalty

•          Supported strong leadership and management

Core criteria Proportion of overall score

Growth: 15%

Innovation: 25%

Employee engagement: 10%

Customer service: 10%

Leadership: 15%

Organisational Ethics & Policies: 10%

Financial performance: 15%

Previous winners

Concrete Canvas - Samsung Innovation Award Winner 2017

"Concrete Canvas blew the judges away with their truly innovative products and the way they foster innovation within their company, all alongside impressive growth. They have revolutionised an industry, and as well as this their products have demonstrable long term environmental impact globally. Congratulations!"


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