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2011/09/01

Update | Tips From PR Award Winners, Management Awards Case Study

STEVIE AWARDS UPDATE | News About the World's Premier Business Awards spacerspacer THE STEVIES
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IN THIS ISSUE
How PR Award Winner Gravitas Communications Brought Good News to the US Auto Industry
  How The Receivables Exchange Won a Stevie for Turning IOUs into Cash for SMEs
  Top 2 Tips for Businesses Trying to Break Into Latin America, From a PR Award Winner
  IN BRIEF: Last Week to Vote for Your Favorite Companies; 2012 American Business Awards Calendar Updated; Volunteer to Judge the Stevie Awards for Women in Business
  Upcoming Stevie Awards Calendar
How PR Award Winner Gravitas Communications Brought Good News to the US Auto Industry

  

Owned by PR expert Jocelyn Johnson, Gravitas Communications of New York, New York, USA won a Stevie Award for Communications Campaign of the Year in the 2010 Stevie Awards for Women in Business.  The 2011 edition of this global program, which honors women executives, entrepreneurs, and the organizations they run, is accepting entries through September 30.

Jocelyn JohnsonHard Times in Detroit

2009 was a dark year for the American automotive industry, with US automotive manufacturers desperately shuttling between Washington, D.C. and Detroit in an effort to save their businesses and get back on track.

In the context of this bleak environment, the editors at Motor Trend magazine decided that the 2010 Car of the Year (COTY) award—announced in November 2009—needed to be a bigger event than ever before.

Motor Trend magazine recognizes the best of the automotive best each year with its COTY award. This venerable award, in its 51st year in 2009, was faced with an unusually narrow field of contenders, but there was a poignancy associated with the ultimate winner, the Ford Fusion.

As the nation and the world worried about whether Detroit could be saved, it seemed fitting that the oldest and strongest of the “Big Three” would emerge triumphant among the field of global contenders.

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How The Receivables Exchange Won a Stevie for Turning IOUs into Cash for SMEs

  

The Receivables Exchange of New Orleans, Louisiana USA won a Stevie Award for Management Team of the Year in the management awards categories of The 2011 American Business Awards. The ABAs are open to all organizations in the U.S.A.  The 2012 edition opens for entries in October.

Nic PerkinThe Receivables Exchange, founded in 2007 by Nicolas (Nic) Perkin and Justin Brownhill, allows businesses to sell their receivables to a global network of institutional investors and access working capital in as little as three days. With remittance terms now as much as 180 days, The Receivables Exchange is a welcome financial tool for small and mid-sized businesses, particularly in the current economic climate.

Working in the Dark

Although the concept for The Receivables Exchange seemed straightforward, there was no blueprint for making the Exchange work. The closest model, the New York Stock Exchange, had nearly 200 years to get everything right. Even building a team was difficult, since Justin Brownhill and Nic Perkin needed to find specific talent for a business model that didn’t exist.

According to its two founders, building the company was like walking through a dark, windowless room: they had no reference points, and could not see the walls. There were moments when it seemed that the Exchange would not come to fruition, but Justin and Nic persevered.

Nic’s idea for The Receivables Exchange was to provide growing companies with business financing. His experience in starting and growing companies led him to conceptualize new and faster means of getting working capital. Where Nic envisioned the idea of modernizing accounts receivable, Justin conceptualized the market model: standardization, transparency, centralization, and competition. Justin drew from his years of experience in exchange strategy and trading technology to structure a marketplace where accounts receivable could be funded and traded like other assets on an electronic platform.

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Top 2 Tips for Businesses Trying to Break Into Latin America, From a PR Award Winner

  

Q&A with Edward de Valle, CEO of AMGW Agency of Brazil and Miami, Florida, USA, which received the Stevie Award for Public Relations Agency of the Year in Mexico, Central, and South America in the PR awards categories of The 2011 International Business Awards.  The IBAs are open to all organizations worldwide.  This year’s awards ceremonies will be on October 11 in Abu Dhabi, UAE.

Edward de ValleWhat are your top tips for U.S. and European companies or organizations thinking of doing business in South and Central America?

1. Do not try to take on the entire region at once, as it is extremely large. 

Focus on key markets that are of interest to your organization. Each section of Central and South America has a different cultural working environment. For instance, if you want to focus on Argentina, Uruguay, and Chile that would be considered a Southern Cone business push. On the other hand, if you prefer to work with Venezuela, Peru, and Colombia, that is known as the Andean Pack. Focus on the markets that would best utilize your goods or services.

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IN BRIEF: Last Week to Vote for Your Favorite Companies; 2012 American Business Awards Calendar Updated; Volunteer to Judge the Stevie Awards for Women in Business

Voting in the first People's Choice Stevie Awards for Favorite Companies will close at 11:59 pm ET on Friday, September 9. Be sure to vote at peopleschoice.stevieawards.com. Winners will be announced the week of September 12, and presented their awards at The 2011 International Business Awards ceremonies in Abu Dhabi, UAE on October 11.

The full calendar of entry deadlines and other milestones for The 2012 (10th Annual) American Business Awards has now been published. We have a lot of exciting plans for the 10th annual ABAs, which we'll begin to announce over the coming weeks. One big addition for 2012 is a second awards banquet, in San Francisco in September, for tech-related categories.

Volunteer to be a preliminary-round judge in the Stevie Awards for Women in Business . Online judging will begin in September. You'll learn about how other women and organizations are achieving success, and you'll receive a certificate of appreciation suitable for framing. Prefer to judge the Stevie Awards for Sales & Customer Service later this year? You'll find that application online as well.

Upcoming Stevie Awards Calendar

September 9: Last day to vote in the People's Choice Stevie Awards for Favorite Companies

September 13: Winners announced in the People's Choice Stevie Awards for Favorite Companies

September 20: Free Webinar - "How to Enter the Stevie Awards for Sales & Customer Service"

September 30: Last day for late entries for 8th annual Stevie Awards for Women in Business

October 11: 9th International Business Awards presentations and gala, Emirates Palace Hotel, Abu Dhabi, United Arab Emirates

October 12: Early-bird entry deadline for the 6th annual Stevie Awards for Sales & Customer Service.




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