Family Business Australia SA :: Entry Categories & Criteria

Criteria for induction into the Hall of Fame

Inductees into FBA(SA) Hall of Fame are identified and selected by a subcommittee of the FBA(SA) Executive Committee and submitted for approval by the Executive Committee.

A family business does not need to have excelled in all the following criteria, but rather provide a model of excellence and achievement based on a number of criteria. The current expression of selection criteria is:

A South Australian family business that is recognised in its field of endeavour as a state icon and historically reflects well on South Australian society.

Successful transition to a succeeding generation or generations, or successful establishment in the first generation with plans for formalisation and growth in the second generation
Successful entry and activity in markets beyond the State borders, and preferably in export markets
The establishment of a brand, product or service that is regarded as an icon within its market or sphere of activity
A history of business activity that reflects well on South Australian society in terms of quality, value, competitive spirit and integrity
Evidence of a significant influence on the South Australian economy in terms of employment, innovation or export
The potential to inspire contemporary South Australians to seek and achieve greatness
The potential to promote public and business pride in South Australia
The potential for contemporary young family business owners to identify with the spirit of family business pioneers – for example, humble beginnings, persistence in the face of adversity, innovative thinking, courage, sensible planning and calculated risk-taking

SA Chapter HALL OF FAME

Criteria for induction into the Hall of Fame