Business Initiative Directions

Last updated
Business Initiative Directions
IndustryVanity awards
Founded1986
HeadquartersMadrid, Spain.
Key people
 Jose E. Prieto, President and CEO
Website www.bid-org.com

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]

Contents

History and people

Jose 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

BID market a number of awards:

Criticism

The 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

  1. 1 2 "What Price Honor?". Occrp.org. 10 October 2014. Retrieved 29 July 2017.
  2. ↑ "BID – Business Initiative Directions". bid-org.com. Retrieved 30 July 2017.
  3. 1 2 "BID History". bid-org.com. Retrieved 30 July 2017.
  4. ↑ Dlamini, Thembeka (28 July 2015). "Salesian High targeted for awards scam". Swazi Observer.
  5. ↑ "International Star for Leadership in Quality Award (ISLQ) -". islq.org. Archived from the original on 3 August 2017. Retrieved 30 July 2017.
  6. ↑ Business Initiative Directions. "International Star for Leadership in Quality". bid-paris.com. Retrieved 30 July 2017.{{cite web}}: |author= has generic name (help)
  7. ↑ Business Initiative Directions. "World Quality Commitment". bid-quality.com. Retrieved 30 July 2017.{{cite web}}: |author= has generic name (help)
  8. 1 2 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.
  9. ↑ "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.
  10. ↑ "Consumer Watchdog: The Voice – Consumer's Voice". consumerwatchdogbw.blogspot.co.uk. Retrieved 30 July 2017.
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