In modern complexity of global competition and rapid technological advances, organizations have to rely on excellence practices to develop inherent strengths and innovation ability to defend their business and market share. Several studies have reported that excellence models and awards won by companies have helped achieve higher financial performance. A study was conducted in India on 75 sample companies that were top performer companies in India and listed on stock markets. In this paper we report on findings of two group discriminant function analysis and correlation analysis based on newly designed measures of excellence and world class status and non conventional financial measures like CAGR and Consistency Score a new variable used first time to attempt finding a cut off score of excellence measures that can predict a high or low performing company.
