The Australian Business Award for Business Innovation recognises organisations that execute business initiatives which demonstrate innovative solutions for new and existing business needs.
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People, Place, Performance (PPP) is the Compass Housing approach to tenancy and asset management. Compass delivers many services in addition to their housing function to support tenants in maintaining their tenancies, to create sustainable housing communities and to enable tenants access to wider services. The community projects endeavour to encourage tenants and the wider community to participate in social and educational events.
One of the business innovations Compass Housing are particularly proud of is their “In The House” program. The “In The House” program aims to increase and maintain positive morale and provide tenants with an opportunity for personal growth to enhance their lives. It also aims to address anti-social behaviour in tenant communities.
The design is complementary to Compass’s specialist model of customer service, providing an artistic therapeutic outlet, awareness of ‘self’ and attitudes, and a positive interactive environment. The individuals choose to either engage in a facilitator lead discussion around issues facing the surrounding community, or attend the Aerosol art workshop. “In The House” provides mentoring and positive influences to spark an initial interest, and follows up with the provision of options and access to training, volunteerism or support.
Compass Housing is being recognised for a Business Innovation award in the Australian Business Awards 2016.
The Australian Business Awards are the regional chapter of an integrated, hierarchical leadership program conducted on a national and international level. Eligible organisations from each region are invited to participate in the international chapter of the program at The World Business Awards. Conducted annually and currently in the second year of its international launch, The World Business Awards seeks to engage with the world’s business, innovation and technology leaders through a global recognition and knowledge building initiative that is underpinned by the program’s established framework. The program engages with organisations worldwide to benchmark the full spectrum of their products, services and initiatives and to review their business performance. The cycle culminates in the recognition and celebration of organisations that implement world-class business initiatives and industry leading products and services on a prominent and far-reaching scale. All entries must be entered in the regional chapter where the organisation is based.
Organisational participation includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.
Initiatives can include but are not limited to projects, programs, processes, systems, technologies, developments, ventures and undertakings.
Entries are assessed utilising a robust and dynamic framework to ensure that the assessment process is pertinent and objective. The World Business Awards Framework (WBA Framework) is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards. The Framework consists of specialised assessment modules pertaining to the evaluation criteria for each of the award categories. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.
Organisations that participate are provided with the unique opportunity to benchmark themselves against the top performers globally. The recipients are acknowledged for their achievements and recognised as the elite of their industry earning a place amongst a distinguished group by having their products, projects, initiatives, contributions and achievements recognised on a prominent and far-reaching scale. The program provides the ultimate platform for building knowledge, increasing brand awareness, equity, loyalty and retention through increased exposure, recognition and prestige. This establishes a valuable resource that can be used extensively to create opportunities for publicity, positive organisational profiling and heightened brand awareness within the respective industries both nationally and internationally.