PLEASE NOTE that the submission methodology and criteria has been changed for 2021 to allow for a more open process. If you have submitted nominations in the past, be sure to read the instructions below as the process has been changed.
NEW AWARDS SUBMISSION CRITERIA
EG Award Submission Criteria
The Excellence in Governance Awards are being recast in 2021 to reflect the current governance environment and the challenges faced by organizations in ensuring they remain sustainable and relevant in a rapidly evolving landscape. The awards will also focus more on the Governance Professional’s role in adding value to their organization.
In addition to the Governance Professional of the Year (which now includes both current and former governance professionals) and the Peter Dey Award, awards will be given to organizations for practices or innovations in any of the nomination areas. Winners will be based on the best practices and innovations that provide insights that can assist other Governance Professionals and their organizations.
Nominations may be made for any innovative practice or process that falls within any of the nomination areas set out below. Within each of the areas are several examples of possible specific areas on which organizations may wish to focus their nomination. The examples are not exhaustive and nominees are encouraged to submit any practice or innovation they feel enhances the governance of their organization. Please check all that apply to the submission and if not in the list, please add under ‘Other’.
Award Submission Process
Each nominee MUST submit an executive summary which details a practice or an innovation in one of the nomination areas and highlights the role of the Governance Professional in enhancing the organization’s processes or effectiveness through the innovation.
Submissions should be limited to innovation or continuous improvement in one nomination area that has been implemented within the last 18 months. Each organization may submit a maximum of three nominations in all categories, combined.
The judging panel requires a clear and consistent explanation of what differentiates the nominee from its peers. The summary should include why the organization / individual / program is unique and what makes it “the best.” This should include a narrative of not only what was done, but also “how” and “why.”
The executive summary is limited to 750 words and should address the following questions in its content.
· What nomination area does the practice or innovation fit within?
· How does the organization’s approach in the nomination area support value creation for the organization and its stakeholders?
· How is the Board involved in the nomination area?
· How does the board oversee performance in the nomination area?
· What results have been achieved with regard to the nomination area?
· What is the role that the Governance Professional plays in coordinating/managing these processes and how are they empowered, resourced and supported to add the most value?
Attachments should be used sparingly, if at all. If used, they should be provided as an example of the practice, process or innovation, not as a description of it.
When including supporting materials to support the nomination from other documents, please provide extracts only of the relevant page or pages, as well as highlight the specific areas that are being submitted as supporting information. NO MORE than up to 7 pages of supporting materials can be provided in a single file for any one submission.
Executive summaries that refer to a “see attached” within their narrative to describe their innovation will be returned for rewrite. They must summarize each element within the summary.
This award recognizes outstanding and ongoing achievement in the realm of corporate governance practice within and beyond their organization. Nominations for this award should provide details on the achievements of the individual in governance matters and also demonstrate the innovations and leadership which make him or her stand apart and deserve this unique recognition. Special consideration will be given to individuals who have contributed to the improvement of their own organization’s governance on a continuous basis, who have provided mentorship to those they impact within their own organization and/or in the profession as a whole, and who have shown leadership in carving out or pursuing new and innovative processes in governance.
This award is meant to recognize the outstanding contributions by an individual to the role of the governance professional and the practice of corporate governance in Canada.
Please follow the guidelines on length of submission and use of attachments set out in the nomination process for the Excellence in Governance awards..
Considered to be the “Godfather of Canadian governance,” Peter Dey is to thank for the inception of GPC, as it formed around the time the 1994 Dey Report was issued in order to respond to a growing demand from governance professionals for a forum of like-minded individuals. This award recognizes outstanding and ongoing achievement in the realm of corporate governance. This person need not be a GPC member or a corporate secretary; rather, it is someone who has significantly impacted the way companies are governed, are regulated, or how they communicate with investors and the wider community. This award is meant to recognize the outstanding contribution(s) by an individual to corporate governance in Canada.