World Confederation of Businesses

Last updated
World Confederation of Businesses
Company type Private company
IndustryBusiness Organization
Founded2004;21 years ago (2004)
FounderJesus Moran
Headquarters
Houston
,
United States
ServicesBizz awards, CSR certification
Website www.worldcob.org

The World Confederation of Businesses (WORLDCOB) is an American business organization founded in 2005 that awards the annual Bizz Awards and other certifications. The ceremony is hosted annually in three different cities, one for Europe, one for Americas, and the one for the joined region of Asia, Middle East and Africa. [1]

Contents

Worldcob's Bizz Award has been criticized as a vanity award. [2] [3] [4] One of the accusations has been that Worldcob contacts a number of small and medium enterprises telling them that they've been nominated and for a fee the company would guarantee them the Bizz Award. [5] [ verification needed ] [6] [7]

History

The company was founded on September 9, 2004, in the city of Houston, Texas by Jesus Moran under the name of "MPBM. Co". Authorization was requested for the use of the name World Confederation of Businesses as the Trade name of "MPBM. Co". [8]

WORLDCOB has a governing body consisting of the chairman, vice chairman, and the board of directors, made up of a multidisciplinary team with experience in the field of business consultancy and advisory. The main offices were set up in Houston, Texas and Lima, Peru. [9]

In 2005 the company launched the Bizz Awards programme. [1] WORLDCOB is a participant of the United Nations Global Compact since 2008. [10]

In 2019, the organization announced the launching of Worldcob Trust Seal (WTS), a service that verifies the legal and operational status of a business. [11]

Bizz Awards

Award winners at the 2011 Bizz Awards PHOTO WINNERS of 2011 BIZZ award winners.jpg
Award winners at the 2011 Bizz Awards

Worldcob is the awarding body of the Bizz Awards, founded in 2005. [1] The award takes place in three different cities each year, one for the Europe, one for Americas, and the one for the region of Asia, Middle East and Africa. [12] [13] Until 2006, the award ceremony was accompanied by a business fair, where organization members presented their businesses. The fair was called the ExpoBizz business forum.[ citation needed ]

The Bizz Awards ceremony was hosted in Houston (2005), New York City (2006), Punta Cana (2007), Panama City (2008), Cuzco, Peru (2009), [14] Houston again (2010), Rome (2011), [15] both in Bahamas and Dubai in 2012, Los Cabos and Paris in 2013, [16] Abu Dhabi, Hawaii, Venice in 2014, [17] [18] Muscat, Las Vegas, Athens in 2015, [19] Marrakesh, Washington D.C. and Monte Carlo in 2016, [17] [12] Dubai, St. Thomas and Bucharest in 2017, [20] Hong Kong, Miami Beach and Prague in 2018. [21]

Corporate social responsibility certification

Since 2011 the organization has also been the certifying body for the Worldcob certification in corporate social responsibility (WORLDCOB-CSR). [22] The certification lasts for a single year, and is determined after an audit of corporate documents by the organization. [23] The organization states that it has over 3000 members in over 130 countries. [22] It launched a business-to-business online platform in 2009, where members contact each other and conduct various business transactions. [24] [25] [26] The congress also holds the CSR Workshop Tour. [27]

The organization has developed WORLDCOB-CSR.2011.03 Standard Certification, an International Standard which is validated by the British Standard Institute. [28] [29] [30]

References

  1. 1 2 3 Newspaper, Muscat Daily. "Business Interview,Oman". Muscat Daily News. Retrieved 2019-03-19.
  2. ↑ "Interesting Business Model". The Invisible Hand in Your Pants. October 22, 2008. Retrieved October 11, 2014.
  3. ↑ ""Bizz Awards 2009" - a scam?". Consumer Watchdog. October 5, 2009. Retrieved October 11, 2014.
  4. ↑ "Cowboys calling..." Consumer Watchdog. November 12, 2009. Retrieved October 11, 2014.
  5. ↑ "Worldcob's Bizz Awards meet with heavy criticism". Today Newspaper St. Maarten. todaysxm.com. September 18, 2013. Retrieved October 11, 2014.
  6. ↑ "Complaint Review: World Confederation of Businesses". Ripoff Report. October 1, 2009. Retrieved October 11, 2014.
  7. ↑ "The Bizz Awards: oro de tontos". En Texto plano. March 18, 2010. Retrieved October 11, 2014.
  8. ↑ "World Confederation of Businesses Communication on Engagement COE 2018" (PDF).
  9. ↑ "Our History". World Confederation of Businesses. Retrieved 2019-03-19.
  10. ↑ "World Confederation of Businesses | UN Global Compact". www.unglobalcompact.org. Retrieved 2019-03-19.
  11. ↑ "ODS16. Lanzamiento oficial de Worldcob Trust Seal (WTS) desde San Francisco, CA | Corresponsables.com España". www.corresponsables.com (in Spanish). Retrieved 2019-10-27.
  12. 1 2 "Dubai: Ronald Colaco's Clarks Exotica receives WORLDCOB Bizz Award". www.daijiworld.com. Retrieved 2019-03-19.
  13. ↑ "African Daily Voice (ADV)". African Daily Voice (ADV). Retrieved 2019-03-19.
  14. ↑ Newspaper, Muscat Daily. "WORLDCOB to host THE BIZZ awards ceremony on Wednesday in Dubai,Oman". Muscat Daily News. Retrieved 2019-03-19.
  15. ↑ "Mundo Mujer, promueve el desarrollo de los quindianos". Cronica del Quindio (in European Spanish). Retrieved 2019-03-19.
  16. ↑ Reporter, A. G. (2013-10-01). "WORLDCOB awards companies for Business Excellence in Dubai". Arabian Gazette. Retrieved 2019-04-13.
  17. 1 2 Newspaper, Muscat Daily. "Sharakah wins prestigious The Bizz 2016 award - Oman". Muscat Daily News. Retrieved 2019-04-13.
  18. ↑ Alba24.ro, Redactia (2014-09-09). "(P) Coral Impex, compania românească de deratizare şi dezinsecţie, premiată de Confederaţia Mondială a Afacerilor". Alba24 (in Romanian). Retrieved 2019-04-13.{{cite web}}: CS1 maint: numeric names: authors list (link)
  19. ↑ "Muscat: Ronald Colaco's Clarks Exotica wins WORLDCOB's Bizz award 2015". www.daijiworld.com. Retrieved 2019-04-13.
  20. ↑ Newspaper, Muscat Daily. "The BIZZ AWARD: Over 100 firms recognised for their contribution to economic growth,Oman". Muscat Daily News. Retrieved 2019-04-13.
  21. ↑ PTI. "Dr Batra's Healthcare Awarded as the 'Most Inspirational Company' by The BIZZ Awards at Prague, From Over 120 Countries". BW Businessworld. Retrieved 2019-04-13.
  22. 1 2 Daniel Sousa (July 31, 2011). "A Leadership Commitment". La Prensa. Archived from the original on 2016-03-04. Retrieved July 31, 2012.
  23. ↑ "WORLDCOB-CSR:2011.1 Certification Process" (PDF). Archived from the original (PDF) on 2016-03-04. Retrieved July 31, 2012.
  24. ↑ "Bizzmarket.com Portal Launched". El Heraldo. February 3, 2009. Archived from the original on 2014-11-29. Retrieved July 31, 2012.
  25. ↑ "THE BIZZ ARABIC 2014". AMEinfo.com. October 25, 2014. Archived from the original on 2014-11-29. Retrieved November 17, 2014.
  26. ↑ "Abu Dhabi University wins THE BIZZ 2014". AMEinfo.com. October 20, 2014. Archived from the original on 2016-04-06. Retrieved November 17, 2014.
  27. ↑ "Promoting Corporate Social Responsibility in Panama". The Visitor. September 20, 2013. Archived from the original on 2015-04-02. Retrieved March 4, 2015.
  28. ↑ "WORLDCOB CSR-2011.3". World Confederation of Businesses.
  29. ↑ Peru.com, Redacción (2012-10-18). "WORLDCOB ofrece certificación en responsabilidad social en el Perú (VIDEO)". Peru.com (in Spanish). Retrieved 2019-03-19.
  30. ↑ "Promueven en México norma certificadora en RSE". Alto Nivel (in Spanish). 2011-09-07. Retrieved 2019-03-19.


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