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EURASIA WINS TOP HONG KONG MANAGEMENT ASSOCIATION QUALITY AWARD



Eurasia's President and Group Managing Director Mr. Rajaish Bajpaee receiving the Award from the Financial Secretary of Hong Kong Special Administrative Region and the Honorable Chairman of the Hong Kong Management Association Dr. David K.P Li.
For more information about HKMA, please visit http://www.hkma.org.hk

Eurasia has once again proved its right to be called a total quality ship management company by being named overall winner of the highly prestigious Hong Kong Management Association Quality Award.

The Hong Kong-based shipmanager beat over 20 business rivals across a number of different industrial sectors to win the title, which is based on the American Malcolm Baldrige National Quality Award judging criteria, and is the Hong Kong equivalent to the Japanese Deming Prize and the European Quality Award.

First launched in 1991, The Hong Kong Management Association seeks to reward such dedication with its annual Quality Award. The purpose of the award is not just to reward commitment in an age of change, but also to bring public recognition to those organisations that have achieved outstanding standards of quality and made a lasting commitment to the process of quality management.

A board of eight examiners, themselves veteran quality practitioners, and a panel of six judges, made up of senior executives from major companies in Hong Kong, assessed Eurasia on seven categories:

Leadership (which examines how senior executives guide the organisation and how it addresses its responsibilities to the public)

Strategic Planning (how an organisation develops, deploys and measures its strategic objectives and action plans)

Customer and Market Focus (how an organisation determines and meets the requirements and expectations of its customers and markets);

Information and Analysis (which examines the management, effective use, and analysis of data and information to support key organisation processes and the organisation's performance management system)

Human Resource Focus (how an organisation helps its workforce develop its full potential in alignment with the organisation's overall objectives and action plans)

Process Management (which examines aspects of how production/delivery and support processes are designed, managed, and improved)

Business Results (a major category which assesses the organisation's performance and improvement in its key business areas: customer satisfaction, financial and marketplace performance, human resources, supplier and partner performance, and operational performance. The category also examines how the organisation performs relative to its competitors).

A delighted Rajaish Bajpaee, president and group managing director of Eurasia, said he was surprised to win the top award especially considering the size and quality of the companies competing for the prize.

"We put Eurasia forward for the award because we wanted to test how effective our five year long total quality management initiatives have been in delivering the quality service we pledge to our principals and ultimately to their customers as well. We were pleasantly surprised to find out we had won the top award," he said.

Emphasising the importance of continually benchmarking Eurasia by looking at best practice outside the shipping box, Mr Bajpaee said that by winning the award, Eurasia set itself apart from many of its competitors who were consistently inward looking in their approach to their business.

He added: "Most ship management companies spend all their time focusing on regulation of the industry and sometimes forget to acknowledge the needs of the customer and the customer's customer. We want to give our customers the solution they need before they ask for it."

Asked what the award meant to Eurasia and its customers, Mr Bajpaee said: "Essentially it is the difference between a customer working with a small collection of competent people and a company with a recognised framework of professional staff and management process. Effectively a company whose management processes are so robust that it can turn its hand successfully to anything."