What are the objectives of organising the "Industrialist of the Year" Award?
Why only one?
How is it different from YIAH?
Any competition or conflict of interest with YIAH?
Can one be nominated for both YIAH and "Industrialist of the Year"?
What are the objectives of organising the "Industrialist of the Year" Award? To recognise an outstanding industrialist without any age limit. Many successful industrialists are over 45 and are deserved to be honoured and recognised as a role model of industry. The award will be a "surprise" recognition as the winner does not need to undergo the nomination and selection process in person. The nomination procedure is simplified and thus making it easy for anyone to nominate his/her ideal industrialist.
Why only one? This is the award of industry and has the highest honour. Therefore only one person should be recognized for his/her distinguished achievement.
How is it different from YIAH? In terms of eligibility: No age limit, the rest being the same. In terms of achievement: to judge on the achievement on the contribution to industry and community, although the awardee should also have substantial achievement in his/her own career and a good track record for his company.
Any competition or conflict of interest with YIAH? No, the IOY award is complementary as well as supplementary to YIAH
Can one be nominated for both YIAH and "Industrialist of the Year"? Yes
