Wexford Family Business of the Year Award

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Objective

The family business sector in County Wexford remains vibrant, successful and ambitious. These firms are a vital part of our economy, offering stability, a commitment to the long term and demonstrating responsibility to their employees and their communities

This award is to recognize Family Businesses in the County that have demonstrated significant achievements and success.

Criteria

Business Background

Tell us about your Family Business and the industry you operate in. Demonstrate the uniqueness of your brand or quality in products, services and delivery mechanisms. Tell us about the family members that work in the business and how it is structured in terms of responsibilities, decision making and co-operation. Define how being family owned helps with the success of your business.

Business Planning and Governance

The key findings from PwC’s 2019 Irish family business survey show that growth is on the agenda in spite of disruption. The survey also highlights that Irish family businesses recognise that a clear sense of values and purpose can increase revenues, that they have more to do on strategic planning and succession, and that Brexit, talent and profitability are top family business challenges.

Can you demonstrate that you have robust strategic plans in place that links the future with the here and now? What Family governance arrangements have you put in place and how are these aligned to objectives and corporate governance of the business?

Digital

Irish family businesses (40%) feel more vulnerable to digital disruption compared to global counterparts (30%), up from 26% in 2016. They also need to step-up digital capabilities: 40% expect to have made significant steps in terms of digital capabilities in the next two years but global counterparts will have taken greater strides (57%)Can you demonstrate that your future plans include actions that will allow you to innovate and keep pace with the challenges that technology and digital pose?

Customer service is an integral component of all successful family businesses.  Demonstrate how your business cultivates a culture of customer service excellence.  What metrics are in place to evaluate performance from a customer service perspective? What actions have been taken to improve customer service performance within the organisation?

Customer Centric 

Customer service is an integral component of many successful family businesses.  Demonstrate how your business cultivates a culture of customer service excellence.  What metrics are in place to evaluate performance from a customer service perspective? What actions have been taken to improve customer service performance within the organisation? Have you thought about the Values that you would like your family business to be known for?

The above will be assessed in the context of the size and resources of the business. Please note that all criteria might not be relevant to your business.

See www.pwc.ie/reports/family-business-report-2019.html for a copy of PwC’s 2019 Family Business Survey Findings

Please note: Financial details will be requested at time of interview

Company/Individual Information

Company / Trading Name *

Note – please use company name you wish to be used in publicity

Applicant Name *

Position in Company *

Phone Number *

Mobile Phone *

Email Address *

Website

Company Address *

Business Format

Sole Trader

Partnership

Limited Company

Social Enterprise

Local Government

Multi-National

Charity

Other Business Format

Year Company Established

No. of Full Time Employees

No. of Part Time Employees

Give clear and concise information in each of the following areas. This criterion will form the basis of the judges decision.

Tell us about your Family Business and the industry you operate in. Demonstrate the uniqueness of your brand or quality in products, services and delivery mechanisms. Tell us about the family members that work in the business and how it is structured in terms of responsibilities, decision making and co-operation. Define how being family owned helps with the success of your business. *

Irish family businesses have performed well in the last financial year, with 71% experiencing growth and 91% expecting sales increases in the next five years. However, many find it difficult to find the skills they need in the recruitment and retention of top talent and can feel hampered by a lack of funding. Can you demonstrate that you have robust strategic plans in place that links the future with the here and now? What Family governance arrangements have you put in place and how are these aligned to objectives and corporate governance of the business? *

All businesses are aware that technology is critical in innovation, and 45% of family businesses say they find keeping pace with digital change is a key challenge. Can you demonstrate that your future plans include actions that will allow you to innovate and keep pace with the challenges that technology and digital pose? *

Business Family Business leaders want to ensure they have kept the family business growing and left it in a better state for future generations - a legacy of fairness, honest and hard work is an ideal many aspire to. Can you show commitment to a robust succession plan as an essential component for continuity and future success? Can you demonstrate how your family has planned for important factors such as financial security for the next generation, keeping the business in the family and indeed business longevity, while at the same time contributing to the local community and economy? *

I consent

If you wish to receive an email notification from Wexford Chamber notifying you once the annual County Wexford Business Awards applications are open for nomination, please tick this box.

I consent

I hereby consent, if I am selected as a Wexford Business Awards shortlisted applicant or winner, to the release and use of my name, business name, and photographs, which may be taken of me, and I agree that no compensation shall be due to me or my company for such usage. However, all competitive and financial information shall remain confidential unless I give express written approval for its release. Furthermore, I confirm that the information provided to and with this application is true and complete to the best of my knowledge and belief. I acknowledge that whilst every care has been taken to ensure that advice/feedback given on this programme is correct, neither Wexford Chamber nor our sponsors will accept any responsibility for loss, damage, etc., arising from or occasioned by the implementation of such advice.

Completed application forms must be submitted online by 5 pm on FRIDAY 5th APRIL 2019.
An independent judging panel will review all applications received. Shortlisted applicants will be contacted and ALL SUCCESSFUL APPLICANTS MUST BE AVAILABLE FOR INTERVIEW ON WEDNESDAY 17th April 2019 – time and venue will be advised. Phone Interviews are NOT an option.
Wexford Business Awards Gala Ceremony
Friday, 24th May 2019| Clayton Whites Hotel, Abbey Street, Wexford
Wine Reception 6.45 pm sharp
Seated promptly 7.30 pm
Music: Divine Invention
Dress Black Tie
Tickets €95.00 plus VAT each
Corporate Tables of 10 €855 plus VAT