We at SKOCH, strive to maintain a level of integrity and confidence for all the nominees and awardees. SKOCH Award Methodology as is follows:
Step 1. Well performing projects and interventions are submitted.
Step 2. Nominations measured from - Prism of Outcomes; Corporate Performance; Value to Customers and Shareholders; Compliances, and Contributions to the Country.
Step 3. First round of vetting and shortlisting is done by our research analysts.
Step 4. Shortlisted nominations go through an exhaustive evaluation by a Jury of three domain experts.
Step 5. Overall impact is measured for new initiatives, whereas ongoing initiatives are evaluated on incremental improvements.
Step 6. At the same time a peer evaluation is carried out by those doing similar nominations.
Step 7. Based on an average score, a cut off is decided and a second shortlist derived.
Step 8. Select field research is done to evaluate the impact.
Step 9. These nominations are put to a popular vote by stakeholders.
Step 10. Based on the cut-off, nominations qualify for semi-final SKOCH Order of Merit.
Step 11. Merit Listed nominations garner expert votes through exhibition and live polls to get an eventual score.
Step 12. Each nomination therefore gets a comprehensive score. Total of these decide organisation level and nomination level performances.