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World Business Awards |
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In this world of globalization business and commerce holds a special position. There are ample of organizations working throughout the world that make it a point to reward the best and most promising business houses and personalities of the year. World Business Awards are specially meant for the people performing remarkably well in their fields.
Established in 1950, Deming Prize is one of the most popular world business awards, which holds a special prestigious position. The main purpose of implementing this award was to encourage and reward the Japanese companies doing extremely well in improvising the quality of their products.
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The Japanese Union of Scientists and Engineers has played a major role in enhancing the status of the Deming Prize over the past few years. Previously meant for rewarding the Japanese companies has also started to recognize the efforts of the non-Japanese companies and individuals having made significant contribution in the field of business and commerce. People having an interest in the business award ceremonies can watch it in the national television of Japan every year. There are mainly two categories of prize given in the Deming prize ceremony namely the Deming Application Prize and the Deming Prize for individuals. The award show was started in honor of W. Edwards Deming.
European IST Grand Prize is a renowned and prestigious World Business Award. The award ceremony is no doubt a perfect platform for the most deserving companies and individuals to make a mark in the European society of information and technology. The credit of organizing the event goes to Euro-CASE and is also supported by the IST Programme. The main objective of the organization is to reward and encourage companies trying to convert ideas that are novel into profitable products required for the markets.
American Society of Mechanical Engineers established the Henry Laurence Gantt Medal in the year 1929. The main purpose of the organization is to encourage people making a significant contribution in management of the community. Paul Soros, Roy Huffington, Alexander Dreyfoos, William Timken and Julie England are some of the renowned winners of this medal.
Named after Malcolm Baldrige the Malcolm Balridge National Quality Award believes in the idea of Total Quality Management. Malcolm Balridge National Quality Award and Ron Brown Award are the two most prestigious awards given by the United States. The award recognizes exemplary service given in the fields of education, business, non-profit organizations and health care.
The companies showing deep commitment towards their work and taking up innovative challenges are rewarded with Ron Brown Award in the United States. One of the most renowned World Business Awards involves the participation of the US President. The relationship that exists between the company and its employees is also given a special importance while selecting the winners. In an annual ceremony organized by the White House the deserving candidates and companies are awarded with special awards. Either the Secretary of Commerce or the President hands over the prizes.
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