Industry Excellence Award Recognises Outstanding Malaysian Companies

Our signature programme, Anugerah Kecemerlangan Industri (AKI) 2020 saw a series of Pitching Session recently where 78 Malaysian companies from various sectors came to share what makes their companies stand out and deserving to be named AKI winners. The oral presentation is the first leg of the award competition that compels the participants to describe their company profile effectively by using the criteria stipulated by the Malaysia Business Excellence Framework (MBEF). Shortlisted companies will then go through to the second, more thorough assessment round, in which the assessor teams will be visiting their factories/companies for evaluation. We are excited to note that the winners will be announced at the AKI 2020 ceremony set to be held in the first quarter of 2021.

What is AKI?

The Anugerah Kecemerlangan lndustri (AKI) or Industry Excellence Award was introduced by the Ministry of International Trade and Industry (MITI) in 1991 to recognise outstanding Malaysian companies and to encourage continuous improvement in products and services rendered. Over the years, AKI has gained a reputation for being the nation's premier corporate recognition award.

Now, AKI uses the Malaysia Business Excellence Framework (MBEF) as the benchmark criteria in the assessment and evaluation process. The MBEF, based on the Business Excellence Framework (BEF) is used by many international organisations as a guide to promote outstanding practices in business by incorporating elements required for world class business excellence.

The AKI was established to promote excellence and to stimulate healthy and positive competition within the industry. The AKI showcases the achievements of outstanding businesses in the manufacturing and services sectors with the key objectives to:

1. Recognise the most outstanding companies in the manufacturing and services industries;
2. Recognise companies with business plans to increase value-added products or services; and
3. Recognise companies with best practices that render them as inspiring role models to other companies.