Blazon Inc. has decided to hold the Maldives Business Awards' Gala Night on December 22 at Paradise Island Resort. Maldives Business Awards Gala Night is expected to attract an approximate 250 invitees, including the award winners along with sponsors, partners and corporate executives. The attendees will also include policy executives, civil society representatives, finance and business agency executives.
Maldives Business Awards, hosted by the public relations, marketing and business management agency, is in an initiative to recognise, acknowledge and reward the businesses and individuals that have shown exceptional standard in maintaining best practices, laudable performances and business intelligence through the introduction of innovative services. The entrants for the awards were evaluated under several criteria which includes research, development, company growth, products and services, market development, sales and marketing, community service, innovation, employee engagement, customer engagement and corporate social responsibility.
The awards are given under categories which includes Industry Excellence; given to notable business entities under the major economic sectors of Maldives, Enterprise Excellence; granted to businesses or ventures for significant milestones achieved. The awards also include Individual Excellence; awarded to business individuals or intellects with exceptional conduct or achievements and the final category, Elite Awards; which are special awards to acknowledge significant contribution in the business sector.
The judging process for Maldives Business Awards include six major steps which started with the initial assessment where business entities and individuals are evaluated based on their responses to a specifically curated questionnaire. Following the evaluation, the entrants were shortlisted based on the achievement and significance while entrants not chosen as finalists were notified.
Next, the finalists were announced by the judges, with proper notification sent to finalists and their selection announced to media during a special event. Further, the finalists were interviewed by the judging panel with the provision of the opportunity to the finalists to create a presentation of their respective entries.
The finalists from Individual Excellence went through a popular vote process via SMS which determined 50% of their total score on average percentage, while judges evaluated the other 50%. The winners of every category will then be announced at the gala night, which initially was slated for July 2018.
However, due to fluctuating political strife in Maldives experienced throughout the year, along with the coveted presidential election resulted in the event getting pushed further back in schedule.