• Dubai SME100 Announcement Ceremony 2015

  • Dubai SME100 Announcement Ceremony 2013

  • Dubai SME100 Announcement Ceremony 2011

Evaluation Themes

The Dubai SME 100 evaluation themes have been developed through careful research and deliberation on enterprise performance. Many global enterprise ranking systems and international excellence models were studied, and the most appropriate ranking system for Dubai SMEs were developed, keeping them in line with the overall strategies for Dubai SME Development and the objectives of the ranking program. This ranking system is designed to be an annual ranking system. Unlike most ranking systems that use mainly financial measures to rank enterprises, the Dubai SME 100 is ranked based on a weighted combination of financial and non-financial themes. There are two financial parameters: Growth in Turnover and Growth in Profit. Non-financial parameters include: Innovation, Human Capital Development, International Orientation and Corporate Excellence

  • Growth Performance

    Growth performance refers to the growth of the SME applicant in terms of business performance, measured over a period of 3 years.

    Growth performance measurement entails:
    • Growth in sales: cumulative annual growth rate (CAGR) in total sales over the 3 years
    • Growth in net profit: cumulative annual growth rate (CAGR) in net profit over the 3 years
  • Innovation

    Defined as a new way of doing something or “new stuff made useful,” it may refer to incremental & emergent or radical & revolutionary changes in thinking, products, processes, or organisations. Refers to both the process of doing something new & the output or result arising from the innovative actions. Innovation may be linked to performance and growth through improvements in efficiency, productivity, quality, competitive positioning, or market share.

  • Human Capital Development

    Defined as the knowledge, skills, competencies, & attributes embodied in individuals that facilitate the creation of personal, social, and economic well-being. In the business context, it includes the competencies & commitments of people within an organisation, such as their skills, experience, potential and capacity. It can be a source of competitive advantage for organisations.

  • International Orientation

    Includes the firm’s efforts to sell goods and services on the global market, & includes international outreach through joint ventures, alliances, distributorships, agency arrangements, & others.

  • Corporate Governance

    While underpinned by the principles of openness, integrity, & accountability, it is about the management and control of companies, providing a framework that defines the rights, roles, and responsibilities of various groups. Companies will be assessed on the presence of advisory board, documentation of rights, roles and structure of the board of trustees, effectiveness of management, and control and documentation of key policies and procedures. This theme will also measure the efforts a company has dedicated towards achieving corporate excellence as demonstrated by awards, quality certifications and desired Emiratisation levels.

  • Corporate Social Responsibility

    Corporate Social Responsibility in business is essentially about achieving economic success and a competitive advantage by building reputation and goodwill within the community. It is a managerial approach that integrates responsible practices into the core operating functions of a company. Four frameworks should be in mind, Environment, Community, Workplace, and Market place Emphasis will be on Co-Operation with Charity Partners, Voluntary Donations of Services and Products, Contribution of Time and Emiratization

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