Business Initiative Directions (BID) is a Madrid-based organisation selling what the Center for Investigative Reporting and the Organized Crime and Corruption Reporting Project (OCCRP) have called "meaningless international awards", more widely known as "vanity awards".[1]
 | |
| Industry | Vanity awards |
|---|---|
| Founded | 1986 |
| Headquarters | Madrid, Spain. |
Key people | Jose E. Prieto, President and CEO |
| Website | www |
History and people
editJose E. Prieto is the president and CEO of Business Initiative Directions.[2] He founded the company in the US and Spain in 1986, after which it expanded to Europe.[3] The company says it is focused on the principles of the Total Quality Management movement.[3]
Awards
editBID market a number of awards:
- Century International Quality ERA Award (CQE)
- International Arch of Europe Award
- International Quality Crown Award
- International Star Award for Quality (ISAQ) (one was offered to a school in Swaziland, which BID described as a "company")[4]
- International Star for Leadership in Quality Award (ISLQ)[5][6]
- World Quality Commitment Award[7]
- WQC International Star Award
Criticism
editThe Center for Investigative Reporting and the Organized Crime and Corruption Reporting Project (OCCRP) have called the awards "meaningless".[1]
Sri Lanka's Honorary Consul in Spain said that BID was possibly a scam company.[8] The Spanish Consulate in Mumbai stated BID was a fraudulent company.[8][9]
Botswana's Consumer Watchdog reported that the "so-called 'World Quality Commitment Convention', run by 'Business Initiative Directions' is remarkably similar to the equally ridiculous Bizz Awards scam we exposed some months ago."[10]
References
edit- ^ a b "What Price Honor?". Occrp.org. 10 October 2014. Retrieved 29 July 2017.
- ^ "BID – Business Initiative Directions". bid-org.com. Retrieved 30 July 2017.
- ^ a b "BID History". bid-org.com. Retrieved 30 July 2017.
- ^ Dlamini, Thembeka (28 July 2015). "Salesian High targeted for awards scam". Swazi Observer.
- ^ "International Star for Leadership in Quality Award (ISLQ) -". islq.org. Archived from the original on 3 August 2017. Retrieved 30 July 2017.
- ^ Business Initiative Directions. "International Star for Leadership in Quality". bid-paris.com. Retrieved 30 July 2017.
{{cite web}}:|author=has generic name (help) - ^ Business Initiative Directions. "World Quality Commitment". bid-quality.com. Retrieved 30 July 2017.
{{cite web}}:|author=has generic name (help) - ^ a b Charundi Panagoda (September 16, 2012). "Debt-ridden, loss-making SEC pays for dubious award". The Sunday Times. Retrieved August 16, 2017.
In verifying the authenticity of the company, BID, we inform that after out investigation, the data matches except for the phone number ensuring that BID is a fraudulent company.
- ^ "SEC buys fake award". The Sunday Times. Retrieved August 16, 2017.
The Spanish Consulate in Mumbai said BID was a fraudulent company and the Honorary Consul for Sri Lanka in Barcelona Agustin Llanas called BID a spam company that sells awards.
- ^ "Consumer Watchdog: The Voice – Consumer's Voice". consumerwatchdogbw.blogspot.co.uk. Retrieved 30 July 2017.