The Oscars of the business world
Sometimes, across industries rife with potential for crime and corruption, the genuinely good, trustworthy, and history-making business leaders aren’t appreciated enough for their hard and honest work. When The Stevie Awards began in 2002, the New York Post described it as a way to “distinguish the good guys from the scoundrels”, and it has remained well-respected ever since.
Originally known as The American Business Awards, The Stevie Awards were created by Michael P. Gallagher as a way to boost public and business trust in the companies nominated. Press all over the US has hailed the Stevies as a chance for C-level executives to clean up their image, and they have even been called ‘the Oscars of the business world’.
As such, it is considered an enormous honor to win, and those believing themselves to be worthy pay at least $505 in entry fees. Respected business figures do the judging, evaluating nominees, separating them into categories, and eventually awarding the 24-karat gold 16 inch tall statuette, which depicts a humanoid figure holding a pyramid representing Maslow’s hierarchy of needs.
The main categories are as follows:
- The American Business Awards. These are open to all American organisations and include many sub-categories covering every aspect of the workplace.
- The International Business Awards. This opens up the awards worldwide.
- The Asia-Pacific Business Awards. Open to every organisation within the 22 nations.
- The German Stevie Awards. Open to all German businesses.
- The Stevie Awards for Great Employers. This honours employers themselves as well as HR professionals and suppliers.
- The Stevie Awards for Sales and Customer Service. Recognising the achievements of sales, customer service, and call centre professionals.
- The Stevie Awards for Women in Business. This honours women specifically, worldwide, covering every professional female from small entrepreneurs to CEOs.
Altogether, The Stevie Awards receive 10,000 entries a year across over 60 nations. For the American Business Awards, over 3,400 entries were submitted, with 250 American executives judging. Entrants are separated into five levels of distinction (Bronze, Silver, gold, Grand, and People’s Choice), and companies are able to submit from any aspect of their business, no matter how low or high.
The Grand Stevie Award winner at the American Business Awards 2016 was CallidusCloud, a California-based software developer which earned 76 points (based on the number and quality of submissions) overall, beating TopSpot Internet Marketing, Merkle, and MWW (the latter for the fourth consecutive year). Also included in the Grand Stevie honors were Cisco Systems, Keunesse Global, Lakeshore Recycling Systems, Accenture, Isagenix Internationa, Cigna, John Hancock, AT&T, New American Funding, and SoftPro.
Leslie Stretch, President and CEO of CallidusCloud, said: “These prestigious awards are great recognition of the incredible momentum in our business and the tireless efforts of the team at CallidusCloud, who help our customers make more money, faster, using our industry-leading service.”
Another particular jewel in the Stevie crown is The Stevie Awards for Women in Business, which acts as a much-needed spotlight on female executives and entrepreneurs. The Grand Stevie winners in this category were PAIRELATIONS LLC, Accenture, WDS Marketing & Public Relations, Jeunesse Global, and Linqia. As previously reported by Business Review USA, President and CEO of ERA Real Estate Sue Yannaccone was named Bronze winner in the coveted Female Executive of the Year (More Than 2,500 Employees) category, and recognized the enormity of the honor:
"I couldn't be more thrilled to be recognized by The Stevie Awards for Women in Business. Since joining ERA Real Estate last year, I have been deeply impressed with the energy and momentum of this uniquely collaborative brand as we chart a course for continued growth and work together to move real estate in a whole new direction."
Yannaccone wowed judges and beat 1,500 other entrants for the category by being promoted from COO to CEO and President within a year of working at ERA Real Estate. Similarly, Sabrina Rosati, Executive Vice President and Managing Director for Italy at Tagetik, led the company’s international business development strategy and also won a bronze award in Female Executive of the Year in Business Products (11 to 2,500 Employees).
“Emanuela (Cecchetti, Director of Digital Marketing and Technology) and I are honored by these awards,” she said. “Our talented and dedicated team members have been instrumental in helping us achieve ambitious goals and significantly increase awareness and market share for Tagetik. We view our Tagetik co-workers as family, and we all share in these accomplishments.”
Michael Gallagher added: “The competition has grown each year because there are so many high-achieving women all over the world, who serve as an inspiration to those who would like to start, grow, or lead a business.”
The benefits of becoming involved in the Stevie Awards are potentially endless; there is no better way of inspiring faith in your company than receiving an accolade from such a widely-respected source. As the Stevie Awards website states:
‘The employee relations benefits can be significant. When you submit entries, you’re telling your employees that you recognize and appreciate their accomplishments and believe that their achievements are worthy of national recognition.’
G7 Summit guide: What it is and what leaders hope to achieve
Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration.
Who are the G7?
The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like.
The merry band comprises:
- The United Kingdom
- The United States
Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.
Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda.
When was the ‘G’ formed?
Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s.
Why does the G7 exist?
At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted.
The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability.
It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations.
Where is the 2021 G7 summit?
This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall.
What will be discussed this year?
After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”
The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values.
According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.”