Your business will stand out from the rest
You have the opportunity to tell your company’s story. People will see what makes you unique and what you had to overcome to be where you are.
You will attract customers and investors
Customers and investors want to know they’re putting their time and money into the best that is on offer. Being a finalist opens up the opportunity for investors and customers to see what your company is about and where you are compared to your competitors.
You get press coverage
Awards and the ceremonies themselves bring with them a large amount of press coverage. As a finalist or winner, your achievements will be broadcast on multiple channels, reaching a wide audience. Whether it’s the organisation that presented the award, their sponsors, or the media, the results and build-up to the ceremony will be covered extensively, giving you another marketing platform.
You will be able to attract and retain talent
The best want to work with the best; it’s that simple. If you’re looking to recruit the best and retain top performers, an award will elevate your status, whether that’s with current or future employees.
Now, what about the recognition?
Measure yourself against the best
It is said that sprinters run faster times when they have people to compete against. They’re given a push knowing they have someone to measure themselves against. Being awarded will allow you to see where you stand in your industry and the broader business community.
Get celebrated by your peers
Competition does not mean peers cannot celebrate each other’s achievements. There’s an old African proverb: If you want to go fast, go alone; if you want to go far, go together.