Hamed Ali Kanoo Business Innovation Award

The 1st Hamed Ali Kanoo Innovation Award was launched in the year 2000. The award scheme is designed as an annual award that promotes innovation and creativity among The Kanoo Group employees, with the aim to encourage them, at all levels to participate actively in developing new ideas and improving in the business processes and philosophy.

The scope of entries is highly diversified offering an opportunity for wider participation in both financial and non-financial business fields. The five key areas in The Kanoo Group where innovation can be focused were identified as follows: Strategy, skills, shared values, operational systems and business structure.

The creative platform used to promote the award scheme uses vehicles such as posters, e-mail campaigns, salary slips and interactive lectures among others to reinforce the message. The Kanoo Group management further supports the award scheme, rewarding all entries with a cash award, to motivate all employees to take actively participate with individual and group entries.

These combined efforts resulted in a total of 304 individual and team entries in the past three years. Over 30 finalists were presented with cash awards and many of the ideas presented have already been taken to its logical conclusion in terms of implementation and have had a significant impact on our business.

The award assessors committee are, Mr. Mishal Hamed Kanoo, Deputy Chairman, UAE & Oman, Mr. Mohamed Kanoo, Area Executive Abu Dhabi, Mr. P. S. Ganapathi, Financial Controller, and Dr. K. M. Madrecha Manager O&M.

We have to look beyond our immediate boundaries. We have to look to the future. In today's highly competitive market, future thinking has to become more sophisticated and more vibrant. This is what the “HAMED ALI KANOO BUSSINESS INNOVATION AWARD” 2001 is all about.