This process is initiated by the company that is interested in being evaluated in order to win the award, and decides to apply through our website, by accessing the application form to complete the Business Excellence Questionnaire. This questionnaire will be graded by our evaluation committee, who finally gives a score that will determine if the company is a winner of THE BIZZ.
This process is initiated by WORLDCOB, our organization, through a pre-selection process, with a research team that every year finds companies that excel in their areas and own countries. This team selects businesses and proposes for them to be qualified by the Evaluation Committee, which is an autonomous body of our organization. The committee then raises and rates the evaluation parameters through the Business Excellence Questionnaire.
WORLDCOB uses the following sources of information for those companies who apply through an invitation:
Business associations, such as Chambers of Commerce, Industry, Tourism, as applicable.
Market research companies in each country, handling business statistics that stand in different lines of business.
References from more than 3,500 member companies. They usually recommend their clients or suppliers, with whom they maintain positive business relationships.
Media outlets in each country, many of which are communication partners of our organization.
Once we have compiled the necessary information, the research team digitally submits the information to the evaluation committee.
After being evaluated, the companies with a score above 90 points are selected to be recognized for their Business Excellence and our organization initiates the call to invite them to receive this recognition and be part of our organization, as Members.