More than just a trophy: Why awards matter to a business

I recently had the honour of representing Silverfin at the Computing Cloud Excellence Awards where we proudly took home the trophy  for ‘Best Use of AI in the Cloud’

I recently had the honour of representing Silverfin at the Computing Cloud Excellence Awards where we proudly took home the trophy for ‘Best Use of AI in the Cloud’.

I recently had the honour of representing Silverfin at the Computing Cloud Excellence Awards where we proudly took home the trophy  for ‘Best Use of AI in the Cloud’.

This got me thinking about a conversation I had recently in a networking group I’m part of, where someone posed an interesting question (or two): do awards really hold any value outside of the event itself? Are they seen as meaningful, or just  a bit of fluff? The general consensus was that while it’s nice to have a shiny plaque on the wall or a new trophy in the office, and the brief mention in the press that often comes with it, the real question is: it can an award actually make a difference to your business?

In my opinion, I think it does. Awards absolutely can mean something more—not just to the business, but to the people within it and the customers who buy from it. An award may not close a deal in isolation, but the validation it brings can certainly open doors and spark interesting conversations. 

Boosting team morale and motivation

Let’s start with the team. When a company wins an award, it’s not just recognition of the business—it’s recognition of the people who make it tick. Whether it’s a sales team smashing their targets or a product team delivering best-in-class technology, that award is an acknowledgement of their hard work. And there’s nothing quite like seeing your team light up with pride when they hear, “We’ve won!”

The boost in morale is undeniable. It motivates people to keep pushing, to exceed expectations, to innovate—because now there’s a tangible reminder that their efforts are being recognised beyond our immediate bubble of customers and shareholders. More than that, it builds belief. When a company is publicly celebrated, it reinforces to the team that they’re part of something special. It’s no longer just talk in strategy meetings about ‘being the best’—it’s proof that they actually are.

A stamp of credibility for customers

From a customer’s perspective, awards offer an invaluable stamp of credibility. Let’s face it, consumers are bombarded with options and are always looking for something that sets one business apart from another. An award gives them a shortcut to trust.

If you’re competing with a larger firm that has more resources, an award can be a real leveller. It shows that, despite your size, your work is top-notch. You can compete on a larger stage, and people outside of your business are willing to vouch for it. That’s not something customers overlook. In a crowded market, an award helps you stand out, creating a point of differentiation that no amount of clever marketing can quite match.

The long-term benefits of awards

It’s easy to think of awards as a one-off win, but they have long-term benefits. They feed into the story of your business. Every win is another chapter, another milestone that shows growth, commitment, and consistency. It’s a narrative you can use in marketing, sales pitches, and recruitment (everyone wants to work for a business leading the way forward!). Customers are drawn to businesses with a proven track record of excellence, and nothing showcases that better than an award—or a series of awards!

Building a culture of excellence

Internally, the sense of pride and belief compounds with each success. Once you start winning, you set a standard, and people naturally want to maintain or exceed it. It creates a culture where excellence isn’t the exception—it’s the expectation. And who doesn’t want to build a business with a true culture of excellence?

So, for me, awards are about much more than recognition—they’re a signal to my team that their work matters and a message to our customers that they’re choosing a business that stands out, leads the way, and is innovating in ways their peers are not. Awards inject pride, motivation, and belief into your workforce while giving you an edge in a competitive marketplace.

So, next time you have the chance to put your business forward for one (such as the Elite Business Top 100 SME’s Awards), don’t just dismiss it as fluff or a mere exercise to push out another social post. It might just be the boost you need to take your company to the next level.

ABOUT THE AUTHOR
Phil Hobden
Phil Hobden
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