In the 9th International Best Practice Competition 2023 - IBPC, Arya Sasol Polymer Company achieved Significant Achievements and the Top Position among the world's Largest Companies. In addition to winning the top three positions, it also won the position of the best global company in the field of corporate governance.
Through its effective presence in this prestigious international competition, Arya Sasol Polymer Company succeeded in the three areas of integrated risk management, quality management and organizational innovation via presenting three projects as titled "Integrated Organizational Risk Management Process and the Management Dashboards Use" and "Digital Tools Achievement to Improve Quality Control Processes" and "Idea Creation to Commercial Products" by plan and program management and quality unit, once again raised the flag of Arya Sasol on the peaks of honor.
Such an event is organized yearly by the Center for Organizational Excellence Research (COER), the Global Best Practices Competition Center (BPIR.com) and the Global Benchmark Network in collaboration with the Abu Dhabi Chamber of Commerce and Industry, the Abu Dhabi Global Center for Organizational Excellence, the Sheikh Khalifa Excellence Award and sponsors held all over the world in New Zealand, In the presence of international specialized judges and big companies from different parts of the world.
IBPC Best Practice Certification Levels:
International Best Practice (Role Model, World-Class, Wow!) (7 Stars, ★ ★ ★ ★ ★ ★ ★)
International Best Practice (Outstanding) (6 Stars, ★ ★ ★ ★ ★ ★)
International Best Practice (Excellence) (5 Stars, ★ ★ ★ ★ ★)
Local Best Practice (Excellence) (4 Stars, ★ ★ ★ ★)
Competence (Professional) (3 Stars, ★ ★ ★)
Progressing (Minor Deficiencies) (2 Star, ★ ★)
Deficient (Major Deficiencies) (1 Star, ★)
The Experiences and projects which higher than 4 stars in the award level are recognized as the Best Practice.
The restricted numbers of Iranian companies participated in this period of the event, and Arya Sasol was able to get the top global rankings via presenting two projects in the field of best Practices.
Due to lack of choice 7-star project in the innovation sector, as well as other participating companies around the world, including Aramco, did not get more than 5 stars, so the Arya Sasol project was selected as the best project in the 2023 Innovation Award.
In this important event, Arya Sasol Polymer Company received the first rank in the field of corporate governance among more than 130 participating projects via presenting an enterprise integrated risk management plan that received a 6-star award.
In this period, Arya Sasol presented 3 projects in the areas of Organizational Risk Management, Quality Management, Idea Creation and Product Commercialization, as ASPC won three top global practice ratings, ASPC is one of the few companies which during such global event and competition in one period, Internationally and globally, ASPC was selected and recognized at the top positions in more than two fields.