We’re thrilled to announce that Precision has won the prestigious 2021 Gold Business Excellence Australia Award. We are truly honoured and humbled with this recognition.
We began the Business Excellence Journey in 2011, winning the Silver Award in 2015. In 2020, the Leadership Team began a very intense process of self-assessments against the following seven business areas:
- Strategy and Planning
- Information and Knowledge
- Service and Delivery
- Product Quality and Bottom line results
We worked very hard over countless zoom meetings to ensure the above were completed. If we fell short of the required level in any area, we documented these as Opportunities for Improvement. This ensured a cycle of continuous improvement across the organisation.
In 2021, we were assessed by the Business Excellence Evaluators in a very meticulous process, which is considered one of the most rigorous in the world. Winning the Gold Award is even more meritorious considering the ongoing challenges of the pandemic and subsequent supply chain issues our industry is currently facing.
There is a renaissance in manufacturing currently happing in Australia, and if we could see more manufacturing companies like ourselves embracing these principles, we would see Australia get huge benefits over the next 5-10 years without a shadow of a doubt.Joe Hernandez, Precision CEO
This Gold Award joins the array of recognition we’ve received over the past 6 years:
2015: Silver Award – Business Excellence Award
2019: Finalist – Whitehorse Excellence in Business Award
2020: Finalist – Manufacturer of the Year (Australian Defense Industry Awards)
2021: Gold Award – Business Excellence Award
About Business Excellence Australia
Business Excellence Australia (BEA) is a not-for-profit organisation that focuses on the development and recognition of organisations and individuals in the pursuit of excellence. BEA supports businesses, government and the community services sector to embed proven international excellence concepts such as Excellence Models, Scorecards, Lean Six Sigma Methodologies etc. into their organisations.
Since 1987, BEA has managed the Business Excellence Awards, which recognises organisations that are committed to excellence. The Awards are based on internationally-benchmarked criteria and are recognised as Australia’s premier excellence awards. Every year, three awards are given out: Bronze, Silver and Gold.