The award is open to any Philippines-based organization that achieved important success within Philippines or outside of it. The accomplishment(s) must demonstrate Filipino (or mixed Filipino/expatriate) management talent performing at the highest standards and be recognized as internationally significant. The innovation must be meaningful to the business/organization and to the society.
A. Management Achievement - The management team should have demonstrated specific situations or projects where the organization was led to a new level of growth, achievement or recognition through innovation.
B. Financial Contribution - The management team's achievement(s) in innovation should have resulted in a major financial input to their organization.
C. International Recognition - The management team's accomplishment(s) in innovation should be internationally recognizable as important to their organization. This may involve situations where the processes in other countries were enhanced or the organization's business was expanded. It may also be that the organization gained a measurable competitive advantage over similar businesses in other countries.
D. Pioneering Achievements - The management team should have demonstrated products, services or techniques that are considered unique or innovative in its sector and of recognizable international importance.
E. Social Commitment - The management team should have demonstrated a commitment to the development of the nation's economic capability through innovation.
The majority of demonstrable results, major new activities or initiative(s) should have occurred within the current calendar year but may have begun earlier.