Commend those who lead the way; inspire those who lag behind.
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彰 is a classical/literary character rarely used alone in modern Chinese. It most commonly appears in compound words: 表彰 (biǎozhāng, to commend), 彰显 (zhāngxiǎn, to make manifest), and 彰明较著 (clearly evident, idiom).
Right indexing radical 彡 — three slanted strokes drawn as glossy hairs or sweeping brush marks, the classical symbol of surface decoration and visible texture. It puts 彰 in the family of "outward-display" characters alongside 影 shadow, 形 shape, 彩 colourful, 彦 elegance.
Left 章 supplies the sound zhāng with no tone shift, and a strong semantic echo: 章 already means an emblem or written mark — something publicly displayed. Pair that with the brush-strokes on the right and you get "displayed visibly, made manifest" — the core sense of 彰.