I am writing to you today to share the details for Porter Prize 2015. As you are aware, Porter Prize recognizes the strategic acumen of corporates in India and is named after Harvard faculty member, Father of modern strategic field and Thinker Professor Michael E. Porter. He is a leading authority on Competitive Strategy, Competitiveness and Economic Development of Nations, States and Regions, and the application of competitive principles to social problems such as healthcare, the environment, and corporate responsibility.
Building on our endeavor of last three years (http://www.porterprize.in/archives/) we shall continue the journey to identify and celebrate the best. Last year twenty seven exceptional companies were shortlisted (http://www.porterprize.in/shortlisted-companies-2014/) for the
Porter Prize audit and eventually we had nine winners listed at http://www.porterprize.in/winners-2014/ and http://www.isc.hbs.edu/about-michael-porter/honor.... The winners were Mahindra Logistics, Siemens, Indigo Airlines, Tech Mahindra, Dow Chemical International, Fortis Healthcare, Hindustan Unilever, Essar Foundation, and Max India across eight categories. Some of the other winners from the previous years are Airtel, MakeMyTrip, Mother Diary, GroupM, Godrej, Uninor, and HDFC etc.
Porter Prize as you know would be given under the following categories –
- Leveraging Unique Activities
- Industry Architectural Shift
- Exploiting Tradeoffs
- Creating Distinctive Value
- Value Based Healthcare
- Creating Shared Value (in association with FSG)
- Enabling Social Progress
- Excellence in Corporate Integration & Governance
We invite your organization to make an application for the Porter Prize 2015. The applications are accepted on a rolling basis and the first round of applications closes on July 15, 2015. You could make an application at http://www.porterprize.in/apply/ to participate and the award event is scheduled for September 25, 2015 in New Delhi (NCR).
The award has a robust three-stage process of making an application, strategy audit and jury evaluation. The members of the jury include Mark Kramer, Christian Ketels, Sukumar Ranganathan, Dr. Wilfried Aulbur, Justin Bakule, Lalitha Vaidyanathan et al. Roland Berger leads the strategy audit process and the outcomes are Benchmarking Report and Coffee Table Book.
The participating organisations of Porter Prize also automatically qualifies for the IFC-Mint Strategy awards, which reward the best companies based on value creation, innovation and strategy in their specific domain area. Last years winners are National Insurance (Finance, Banking and Insurance), Abbott India (Healthcare and Pharmaceuticals), Operation Asha (Social Assistance), Adani Wilmar (Food and Beverage), CESC (Utilities, Gas, Water and Power), DHL (Transportation and Logistics), Zicom (Computers and Electrical Appliances), Sobha Developers (Construction and Real Estate), Ramboll (Engineering Services), and Mahindra first choice wheels (Information and Media).
Porter Prize 2015 is supported by Mint (Strategic Partner), Roland Berger, FSG, Shared Value Initiative, Shared Value Initiative India, United Airlines, Apollo Gleneagles, Sealed Air, ICICI Lombard, Thinkers, Businessworld, exchange4media, Adfactors PR and The Viewspaper. It would be a pleasure for us if you wish to support the Porter Prize initiative. To know more about supporting the Porter Prize you could log on to http://www.porterprize.in, look for partnering options at http://www.porterprize.in/presentation and the brochure at http://www.porterprize.in/booklet/
In case of any queries about the process you could write to me or my colleague Neera Vohra at firstname.lastname@example.org or call at +91 98104 73213.
We look forward to working with you during the Porter Prize 2015.
Dr. Amit Kapoor
Honorary Chairman, Institute for Competitiveness, India
U 24 / 8, DLF Phase 3, Gurgaon 122 002, Haryana, India
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Porter Prize is named after Michael E Porter who is Professor at Harvard Business School, living legend and father of modern strategy field. The central idea of the Porter Prize is to propel companies to compete on the basis of value creation, innovation and strategy.
Institute for Competitiveness, India is the Indian knot in the global network of the Institute for Strategy and Competitiveness at Harvard Business School. Institute for Competitiveness, India is an international initiative centered in India, dedicated to enlarging and purposeful disseminating of the body of research and knowledge on competition and strategy, as pioneered over the last 25 years by Professor Michael Porter of the Institute for Strategy and Competitiveness at Harvard Business School.
Institute for Competitiveness, India conducts and supports indigenous research, offers academic and executive courses, and provides advisory services to the Corporate and the Governments. The institute studies competition and its implications for company strategy; the competitiveness of nations, regions & cities and thus generate guidelines for businesses and those in governance; and suggests and provides solutions for socio-economic problems.