In a short span of 15 years, the Institute of Chartered Professional Managers of Sri Lanka (CPM Sri Lanka) has built a strong membership of over 3,800 professionals across diverse fields. Renowned for its high-quality programs that deliver cutting-edge managerial insights, CPM Sri Lanka continues to add value to both its members and the wider business community. www.cpmsrilanka.org

The Best Management Practices Company Awards 2026 (BMPC Awards), organized for the fifth consecutive year by the Institute of Chartered Professional Managers of Sri Lanka (CPM Sri Lanka), honors outstanding public and private sector organizations for their growth, success, and excellence in management practices.

The awards highlight best practices demonstrated during 2025, assessing areas such as leadership, strategy, people management, partnerships and resources, processes, and performance outcomes. This initiative provides a structured framework for organizations to evaluate, benchmark, and enhance their management approaches.

Winners will gain national and international recognition, strengthening their professional standing within the business community. Following a rigorous evaluation process, CPM Sri Lanka will honor companies that exemplify excellence in management and leadership.

The top five ranked organizations will also be invited to share their success stories at the CPM Management Insights Summit 2026, scheduled for 26th March 2026.

A distinguished awards ceremony will take place on Friday, 27th March 2026, at the Monarch Imperial, Sri Jayewardenepura Kotte.

For Applicants

• Reviewing and realigning the company’s goals and strategic direction.

• Conducting an overall assessment of the organization’s current position against recognized Best Management Practices.

• Gaining independent insights and recommendations from industry experts on existing management practices.

• Identifying organizational gaps and priority areas for improvement.

• Technical guidance to the Report, PPT and Video preparation.

• Each submission will get three complimentary seats for the CPM Management Insights Summit 2026.

For Winners

• All award winners will be honored with a prestigious plaque and an official certificate.

• Exclusive rights to use the “Best Management Practices Company 2026” designation and digital badge.

• Formal endorsement of your organization’s best management practices.

• Professional recognition and credibility within the business community.

• Enhanced value addition to the company’s overall value proposition

• Top-scoring companies will be invited to showcase their success stories at the CPM Management Insights Summit 2026.

01st January to 31st December 2025

The evaluation period for the BMPC Awards 2026 covers the timeframe from 01st January to 31st December 2025. However, best management practices initiated in previous years will also be taken into consideration, provided that the report clearly highlights the growth, progress, or transformation achieved during the official evaluation period.

• Any registered local or foreign business company that has operated its business in the past 36 months prior to the date of application is eligible to apply.

• Organizations may submit separate application/s under category awards or/and cluster awards highlighting different best management practices.

• Separate applications from subsidiaries of conglomerates or diversified organization will be accepted.

• Applications should be submitted under the name of the organization, conglomerate, or subsidiary.

Note;

All applications will be considered for recognition under the categories of Overall Gold, Silver, and Bronze Awards, Excellence Awards, Outstanding Companies, as well as Merit and Certificate of Recognition Awards.

01. Overall Awards for Gold, Silver and Bronze

Organizations attaining the highest scores in their reports and presentations will automatically qualify for this award, with no separate application required.

1.1 Overall Gold Winner in Best Management Practices Company Awards 2026

1.2 Overall Silver Winner in Best Management Practices Company Awards 2026

1.3 Overall Bronze Winner in Best Management Practices Company Awards 2026

02. Excellence in Best Management Practices Company Awards 2026

Organizations achieving the highest overall scores in both their reports and presentations will automatically qualify for this prestigious recognition, no separate application is required.

A total of ten companies will be selected, comprising five from the Sector Awards and five from the Cluster Awards. The Excellence in Best Management Practices Awards will be conferred on these Top Ten Companies, including the Overall Winners.

03. Outstanding Companies in Best Management Practices Company Awards 2026

Organizations attaining the highest scores in their reports and presentations will automatically qualify for this award, with no separate application required. The recognition will be conferred on the Top Twenty-Five organizations from all applicants in Sectors and Ten organizations in Clusters, except Excellence award winners.

04. Sector Winners in Best Management Practices Company Awards 2026

The Winner, 01st Runner-up and 02nd Runner-up, Merit Winners and Certificate of Recognition will be recognized under each sector and sub-sector.

4.1 Banking

4.1.1 Banking (Public Sector)

4.1.2 Banking (Private Sector)

4.2 Finance, Leasing & Equity

4.2.1 Finance & Leasing (Public Sector)

4.2.2 Finance & Leasing (Private Sector)

4.2.3 Equity and Venture Capital

4.3 Insurance

4.3.1 Insurance (Public Sector)

4.3.1.1 General

4.3.1.2 Life

4.3.2 Insurance (Private Sector)

4.3.2.1 General

4.3.2.2 Life

4.4 Healthcare

4.4.1 Private Western Medicine Hospitals

4.4.2 Ayurvedic/Native Medicine Hospitals

4.4.3 Government Hospitals

4.4.4 Pharmaceuticals

4.4.5 Equipment & Accessories

4.4.6 Medical Laboratories

4.5 Hospitality & Tourism

4.5.1 Hotels & Resorts

4.5.2 Services

4.5.3 Entertainment, Events and Recreation

4.6 Manufacturing

4.6.1 Food and Beverage

4.6.2 Apparel and Garments

4.6.3 Printing and Publishing

4.6.4 Chemical, Ceramic and Glass

4.6.5 Electronics and Assembly

4.6.6 Metal and Wood Furniture

4.6.7 Leather, Footwear & Parts

4.6.8 Diamonds, Gems & Jewellery

4.6.9 Fisheries and Livestock

4.6.10 Tire and Rubber

4.6.11 Other (not belong in the above list)

4.7 Power and Energy

4.7.1 Renewable (Solar and Wind)

4.7.2 Hydropower and Coal

4.7.3 Fuel and Gas

4.8 Beauty, Health & Cosmetics

4.8.1 Wellness Centers & Beauty Parlors

4.8.2 Ayurvedic & Herbal Products

4.8.3 Cosmetics & Hygiene

4.9 Agriculture & Plantations

4.9.1 Tea

4.9.2 Rubber

4.9.3 Coconut

4.9.4 Paddy Farming and Rice Milling

4.9.5 Fruits, Nuts and Vegetables

4.9.6 Spices

4.10 Educational and Professional Institutes

4.10.1 Government, Semi-Government and International Schools

4.10.2 Professional and Higher Education Institutes

4.11 Construction, Fabrication, Condominium & Real Estates

4.12 IT, Software & BPO Services

4.13 Transport, Logistics, Shipping and related Services

4.14 Diversified Group of Companies

4.15 Supermarkets, Malls and Shopping Complexes

4.16 Non-Governmental Organizations (NGOs)/Charitable Institutions/Societies

4.17 Telecommunication

4.18 E-Commerce and Online Retails

4.19 Stockbrokers and Investment Advisors

4.20 Security Guards and Patrol Services

4.21 Other (Any Significant Industry which is not in the above list)

05. Cluster Awards

5.1 Environmental Governance

This recognizes companies that embed sustainability into their core operations through initiatives such as reducing carbon emissions, optimizing resource use, and minimizing ecological impact. By adopting strong environmental governance, businesses demonstrate responsibility toward the planet while strengthening resilience and competitiveness.

5.2 Social Governance

This highlights organizations that actively uphold social responsibility by fostering diversity, equity, and inclusion, engaging with stakeholders, and contributing positively to communities. Companies with strong social governance practices create value that extends beyond profits, enhancing trust and long-term reputation.

5.3 People/HR Governance (ESG Cluster)

This acknowledges businesses that prioritize employee well-being, ethical workplace practices, and transparent management structures. By fostering a culture of fairness, growth, and accountability, companies strengthen their people as the foundation of sustainable success.

5.4 Diversity, Equity and Inclusion (DEI Cluster)

This category recognizes companies that demonstrate exceptional commitment to diversity, equity, and inclusion by implementing strategies that ensure all employees have equal opportunities to thrive. By honoring excellence in this area, we aim to inspire other organizations to make DEI a core part of their culture and business practices.

5.5 Digital Literacy Cluster

In today’s digital era, fostering digital literacy, transformation, digitalization, and adaptation is vital for management excellence. Digital literacy enables employees to use digital tools effectively, transformation integrates technology for efficiency and innovation, digitalization streamlines processes through digital formats, and adaptation ensures agility in changing landscapes. These awards recognize organizations excelling in these practices, highlighting technology as a strategic driver of sustainable growth and competitiveness.

5.6 Corporate Social Responsibility (CSR Cluster)

Recognizing best management practices in CSR ensures accountability, transparency, and impactful execution. It sets benchmarks for excellence, fosters continuous improvement, and amplifies positive social and environmental outcomes. By celebrating successful strategies, more businesses are encouraged to pursue meaningful, sustainable community development, contributing to a better society and healthier planet.

5.7 Exports Cluster

The Exports category of the Best Management Practices Company Awards recognizes export-oriented organizations demonstrating outstanding management practices. Organizations are classified as Extra Large, Large, Medium, and Small-scale exporters based on annual export turnover. This category highlights their vital role in driving Sri Lanka’s economic growth and global competitiveness. By celebrating excellence in export management, the awards encourage innovation, efficiency, and sustainable development, reinforcing Sri Lanka’s position in international trade.

Classification by Annual Export Turnover (LKR):

5.7.1 Extra Large-Scale Exporters: Above LKR 1.5 billion

5.7.2 Large-Scale Exporters: LKR 500 million – 1.5 billion

5.7.3 Medium-Scale Exporters: LKR 100 million – 500 million

5.7.4 Small-Scale Exporters: Below LKR 100 million

5.8 Women Leadership & Women-Focused Initiatives

This cluster recognizes organizations that champion women in leadership and implement initiatives empowering female professionals. It highlights efforts to promote gender equity, nurture talent, and create inclusive pathways for women to excel in management, decision-making, and professional growth.

5.9 Quality & Productivity

This cluster recognizes organizations that align their strategies and practices with the 17 United Nations Sustainable Development Goals (SDGs).

5.10 Global Adaptation and Local Development

5.10.1 UN Sustainability Goals–Led Initiatives

This cluster recognizes companies that align their strategies, operations, and management practices with the 17 United Nations Sustainable Development Goals (SDGs). The focus is on organizations demonstrating measurable commitment to sustainability, social responsibility, and long-term value creation that supports both global objectives and local development priorities.

5.10.2 Small and Medium Enterprises (SMEs)

The SME category of the Best Management Practices Company Awards recognizes small and medium enterprises that demonstrate excellence in management practices. Companies are classified into large, medium, and small-scale SMEs based on their annual turnover. This category highlights their contribution to Sri Lanka’s economic growth, innovation, and competitiveness. By celebrating excellence in SME management, the awards encourage operational efficiency, sustainable growth, and the adoption of best management practices across the sector.

Classification by Annual Turnover (LKR):

5.10.2.a Large-Scale SMEs: LKR 501 million – 01 billion and 101 to 300 employees

5.10.2.b Medium-Scale SMEs: LKR 101 million – 500 million and 51 to 200 employees

5.10.2.c Small-Scale SMEs: LKR 11 million – 100 million and 11 to 50 employees

06. Leadership Recognition Awards

The Chairman, Chief Executive Officer, Managing Director, or General Manager who endorses the organization’s report and PowerPoint presentation will be eligible for this award in recognition of his or her exemplary leadership in driving organizational excellence. No separate application is required for this category.

The award will be presented to the signatory representing each of the Top Ten companies selected for the Excellence in Best Management Practices Company Awards 2026.

07. Merit in Best Management Practices Company Awards 2026

Organizations who earn 50% to 60% marks, but do not secure any such title will be recognized as the ‘Merit in Best Management Practices Company Awards 2026’

08. Certificate of Recognition in Best Management Practices Company Awards 2026

Organizations who earn 40% to 49% marks, but do not secure any such title will be recognized as the ‘Certificate of Recognition in Best Management Practices Company Awards 2026’