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SELECTION PROCESS & RESEARCH METHODOLOGY
BWIO Awards is the most admired business platform across the world due to its exhaustive research and selection process. It is a powerful platform for companies to reveal their achievements & success stories to the world. The selection process comprises key factors such as overall market share, innovation, workplace culture, products/services offered, leadership, business ethics, governance, corporate social responsibility, reputation, and other similar elements.
Companies shortlisted are not only selected based on sales /turnover/profits of the company. the most important thing is that these companies have worked hard to achieve excellence. we follow the most transparent and authentic process of selecting the companies. the selection criteria for the BWIO Awards™ will be specific to each category, taking into account the relevant factors that are critical to each industry.
The quantitative factors will be weighted ahead of the qualitative factors to ensure fairness and objectivity in the evaluation process.
The awards program will provide an opportunity for businesses to showcase their achievements and be recognized for their contributions to their respective industries.
Please read more details of the selection process and research methodology on our website: www.bwio.us.
The Business World International Award Methodology is as follows:
1. Selected Nominations may be called for evaluation presentation by the Jury.
2. Finalists will be chosen from among the Merit-listed organizations.
3. Presence during the evaluation presentation is mandatory to qualify for the Award.
As a part of the process, an awards committee is constituted, which comprises of senior professionals from academia, government, industry & other stakeholders in the area of governance. Initial screening of the project is carried out on the basis of the information sought in the prescribed format. additional information, if required, would be sought and may be supplemented with BWIO Owns research or the knowledge base of the awards committee. The award committee then deliberates and decides on the awardees. The committee may also nominate projects in special category that it feels should be in the consideration set.
SELECTED PARAMETERS
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1. INNOVATION
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2. WORKPLACE CULTURE
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3. PRODUCTS & SERVICES OFFERED
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4. LEADERSHIP
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5. BUSINESS ETHICS
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6. GOVERNANCE
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7. CORPORATE SOCIAL RESPONSIBILITY
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8. REPUTATION
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9. MARKET SHARE
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1. INNOVATION
-
2. WORKPLACE CULTURE
-
3. PRODUCTS & SERVICES OFFERED
-
4. LEADERSHIP
-
5. BUSINESS ETHICS
-
6. GOVERNANCE
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7. CORPORATE SOCIAL RESPONSIBILITY
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8. REPUTATION
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9. MARKET SHARE
NOMINATION PROCESS
JUDGES
Ethical, transparent, and respected, the awards are judged by esteemed industry experts who follow a robust two-step judging process that includes pre-scoring to establish a shortlist and judge discussion to determine winners.none of our award judges can take part in the competition and any conflicts of interest must be declared.
JUDGING CRITERIA
Judges read and pre-score all entry forms, considering the structure, presentation and clarity of each section and the supporting materials submitted. Judges score each section on the entry form and these scores will be combined to give an overall score for each entry. All judges’ pre-scores will be combined, and the highest-scoring entries will determine the shortlist.
Winners are determined at a judging session where judges will discuss the shortlist and agree on a winner for each category.
