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| About the Award |
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King Abdullah II Award for Excellence for Business
Associations
Mark of "Best Practice"
In May 2006, the King Abdullah II Center for Excellence launched an award for
business associations referred to as the “King Abdullah II Award for Excellence”
for Business Associations. The Award consists of three stages: The first stage,
which was launched at the same event, is the Mark of “Best Practice”, the second
is the “Seal of Excellence” and the last stage, which is the highest level of
recognition for business associations in Jordan, is the “King Abdullah II Award
for Excellence”.
Objectives Of The Mark Of "Best Practice"
The objectives of the Mark of “Best Practice” serve as a means of setting
standards for business associations based on international best practices. The
Mark provides a strong incentive for business associations to continually
improve to serve their members, as well as the public and private sectors.
Mark of “Best Practice” for business associations has been created in response
to the business associations' increasingly important role in the growth of
Jordan’s economy, especially with respect to competitiveness, exports, and
investment. Much of the private sector’s coordinated efforts in promoting
Jordan’s economy are due to the role of business associations, which have
emerged as important advocates for market-friendly reforms to accelerate private
sector-led economic growth. At the same time, business associations are
delivering valuable business development services to their members, including
management training and networking that enhance those members' marketing
abilities, and consequently contribute positively to the Jordanian economy.
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