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Stage set to present Frost & Sullivan Healthcare Awards
Our Bureau, Mumbai | Wednesday, September 2, 2009, 08:00 Hrs  [IST]

The Frost & Sullivan India healthcare practice team of industry experts will be presenting the 2009 India Excellence in Healthcare Awards on September 4 at the Intercontinental, The Lalit, Mumbai. The awards are presented to companies demonstrating best practices in a variety of regional and global markets.

The Excellence in HC Awards recognize the superior planning and execution of product launches, strategic alliances, distribution strategies, technological innovations, customer service and mergers and acquisitions. A host of other crucial marketing factors such as leadership, strategy, service, innovation, integration and development are also considered as part of the Award Methodology.

The companies that are commended as excellence award recipients are those with the diligence, perseverance and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace.

The award methodology utilized to determine best practices in the industry consists, interviews with market participants and extensive secondary research of proprietary data. Frost & Sullivan analysts track competitor revenue and market share within the industry. The competitors are then compared and ranked. There are specific criteria used to ascertain the final competitor ranking in each industry. For technology excellence award, the technologies and research projects are compared using customer base demands. In addition, factors such as feasibility of product launch, likelihood of customer acceptance and acceptance rates, and estimated time to market are taken into consideration.

The Frost & Sullivan 2009 India Excellence in Healthcare Awards can give a boost for organizations not only because of the recognition they bring, but also in terms of industry standings. For registration, brochure can be downloaded from http/www.frost.com/hc awards09.

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