FAQ

These are tough and uncertain times, as you may already be aware of. The entire world is reeling under the effects of Covid-19, which has changed the way we live and do business. During such tiring times, it is important that each one of us values and follows the norms and guidelines set by the Government. Keeping the Covid-19 guidelines in mind, IBC has decided to change the awards format to an Online Digital Recognition. However, we would like to reassure you that our decision of changing the format of this event will not take anything away from the event. The event remains just as prestigious as ever and the winning companies will be able to drive just as much benefit from their performance as before. While the award will be provided in form of a digital certificate along with other benefits, we would like to assure businesses and companies that they will get just as exposure as before. Keeping this in mind, we have designed the media kit and planned other strategies. While this time around the World’s Most Admired Companies will be different but it will still carry the same kind of impact as before.

The first step is to nominate your company; everything follows from that. You can nominate your company by filling the nomination form. The selection process is categorized into four key stages, which are as follows:
Stage 1- It all starts with filling of the Nomination Form and provide all the information asked.
Stage 2- This step is conducted by our research team. They peruse through each and every filled application to make sure they are filled correctly. Based on the information provided on the application, our research team will categorize every business. By categorizing businesses in different niches according to their specializations, we ensure that every applicant get a good chance to win. Before you fill the nomination form, it is important that you read the guidelines carefully. Remember that if any information filled on your application form is later found to be false or incorrect, our jury can reject your nomination completely.
Stage 3- In this stage, our jury will judge each business on different parameters. This is an important step as this involves popular business personalities who often are part of our jury group. The jury will rate every business on a scale of 1 to 10. The higher the score, the better the rating.
Stage 4- This is the decisive part of the selection process. This is where the cumulative score of all the parameters scores will be calculated. Once that is done, each business will be awarded its final cumulative score. This cumulative score decides who wins and who doesn’t. As said before and as you can see, our selection process is completely transparent.

The advantages of winning the World’s Most Admired Company Award are manifold. If you win the award, you can rest assured that your business will get more exposure, which is a huge advantage in today’s world and often the difference between the top players and those that are left behind. Winning this award title is going to add more attraction and advantage to your business. However, as you may know, the correct use of the title is important to get the maximum impact from it. The winning players need to talk about their achievement and success on different platforms to gain more exposure. The winning candidates will be able to use the logo. In addition to that, they will be provided with a media kit and support through International News Portal, which will help them gain global footage. All this will contribute to improve awareness about your business name.

It’s an open secret that businesses with big names get more attention. People also tend to perceive such businesses as more reliable and often choose them over other lesser known entities. Be it customers or stakeholders, everyone wants to be associated by a name that’s well recognized, trusted, and honored. Winning a corporate award, such as the World’s Most Admired Company Award, can help you improve your brand image and establish your business as a global leader. This, in turn, will help you attract new customers, clients, stakeholders, and investors. Awards such as ours help you showcase to others that your business is trustable and trust, as you may know, is a key tool for driving more business and taking your company to the next level.

Many think winning a title is just about impressing others, but that is not always the case. Don’t forget that employees are the cornerstone of any good business. They are the ones who make a business what it is, and winning a reputable award can be a way to thank them for their years of support and assistance. Everybody wants to work with a company that has been recognized at the global level. By winning the World’s Most Admired Company Award, you can show to your employees that your company is truly a great one, and this will go a long way in improving employee retention.

IBC does not charge anything for nomination. Yes, that’s true. You can nominate for free. All businesses are welcome to nominate themselves and carry an equal chance of winning the award. In case, our panel selects your company for the award, you will have to pay the registration fee of $1000. This fee is for the registration purpose and logo usage rights for a tenure of one year. The fee levied includes the research and evaluation charges and empowers us to continue with the awards selection process every year.

Please note this fee is non-refundable.