The Awards methodology has been developed and
designed by Professor M. Janakiraman of IIM Lucknow,
a well known name in the area of business management.
Professor Janakiraman created a unique questionnaire for
the Awards, which was distributed among participating
organizations by AC Nielsen.
The survey form, which was self administered by
companies, was taken up for evaluation, after which
Ernst & Young and a Jury of three eminent persons helped
draw a shortlist of firms that would go through to the
second round.
AC Nielsen then administered a second questionnaire for
the customers of the organizations short-listed by E&Y.
The surveys helped measure the organizational readiness
of the participating companies to address customer needs.
It also brought out the key strengths of organizations and
the areas where they needed to improve their customer
orientation. Finally, it created an index for companies to
plot future strategies for Customer Responsiveness.
During the second stage of the Awards procedure,
besides customer interviews, a Reader Poll was also
announced through The Economic Times, to invite the
opinion of the “common man” on the short listed companies.
Over 5,000 responses were received from the Reader
Poll!
The Economic Times and Professor M. Janakiraman worked
closely with the tabulators and auditors to measure the
performance of companies on parameters such as
responsiveness, intelligence generation, intelligence
dissemination, customer education, top management
emphasis, innovation and learning.
At the end of the evaluation, data tabulation and data
validation process, a seven-member Jury voted on the
rankings, based on the final score of the company
applications, the customer interviews and the Reader Poll.