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Log In / Register | Apr 24, 2018

Franchisor of the Year

Given the importance of goals one pursues, I find it important that the ambitious franchisors who value the highest industry recognition, have access to the evaluation criteria and have the opportunity to design their organization according to what is being considered, manage and operate effectively with a goal in mind, meet certain known standards, and score accordingly.  A basic path to pursue, just as they require their franchisees.

Ever since joining the IFA and attending some of those great events, I wondered what makes the best and most successful franchisors so different, what sets their company apart from others.  Over the years, I asked an endless list of other members and IFA folks how those Franterpreneurs are nominated and selected, who determines who deserves that award, what criteria have to be met to win the award over the rest of the pack.  When I asked about the system or process that may exists, the criteria that maybe established and the documentation about it, surprisingly, no one could tell me where I can obtain it or a link to download a pdf from. 

  • Does anyone know where the manual is? 
  • Did the winners of the past years know the secret location?
  • Is it fair game for all, or do some have potential advantages?  
  • Are certain sectors more likely to get it, as there were some industries with greater success rates than others in recent years?

I really wonder what goes on there.....can someone comment and offer some link to the documentation?

 

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IFA Criteria

IFA first introduced an Awards Program when it established the Hall of Fame Award in 1979. As the Association's oldest and most prestigious honor, it is conferred upon legendary franchisors who are pioneers in franchising and/or founders of companies whose unassailable track records are examples of the best in franchising. This award was intended to identify and recognize publicly those individuals who, as franchisors, had contributed most to making franchising the acknowledged leader in distribution methods. By publicizing the accomplishments of those pioneers who introduced many new innovations while developing successful systems, it was hoped a new generation of leaders would be inspired to reach those same high levels of accomplishment.

In 1982, added the Entrepreneur of the Year award to the Awards Program. The Entrepreneur of the Year Award was established to recognize an individual while he or she was in the process of building a successful business venture. Franchisors, franchisees and suppliers are all eligible for this award. They need not be an IFA Forum member, but must exemplify the "entrepreneurial spirit" that franchising represents.

In 1994, the Bonny LeVine Award was established in memory of Bonny LeVine, co-founder of PIP Printing, in recognition of her outstanding accomplishments in franchising and of her status as a role model for women in the franchise community. The recipient may be a woman whose role as a franchisor, franchisee or supplier meets the established criteria.

In 2004, the Ronald E. Harrison Award was designed to recognize organizations and/or individuals who have made significant contributions to minorities in franchising either within their franchise organization or within the franchise community. This award is open to any organization and/or individual from an IFA member company, past or present, whether franchisor, franchisee or supplier. 

HALL OF FAME 
As the oldest and most prestigious award conferred by the IFA, the winner must be a franchisor or franchisee who has contributed significantly to the advancement of franchising and to the benefit of IFA and the franchising community. That contribution is made through successful franchising programs, innovative activities within franchising and service to the association. Such individuals if not already a legend in franchising should be expected to become one. Representing the very best in franchising they should meet and exceed the criteria established for this award.

Eligibility
Any person (a) with a senior management role with a franchisor, or (b) a franchisee, past or present, is eligible. Typically they will be founders and chief executive officers or franchisees who displayed the vision and implemented the programs that resulted in developing a franchise system at either the franchisor or franchisee level. Any senior management person who had the authority and made the decisions, which in turn made their franchise system outstanding, should be considered.

 

ENTREPRENEUR OF THE YEAR
This award is designed to give recognition to those individuals who have the vision to see what might be, are willing to take the risks that traditionally accompany any new endeavor, and possess the management skills to create a successful business enterprise through franchising. Candidates should be currently managing and building a successful business through franchising. If the person selected for this award is willing, they will "reign" for the following year and be on call for speaking engagements at IFA member conventions, give media interviews and work with association leaders to spread the word on franchising.

Eligibility
This award open to all members of the franchising community-franchisors, franchisees, and suppliers. They need not be a member of IFA but must have demonstrated the "entrepreneurial spirit" that franchising represents.

 

BONNY LEVINE 
This award recognizes women who are role models for all, but especially women, by their business and professional accomplishments within franchising and their contributions to our entire society.

Eligibility
Any woman involved in franchising, whether as a franchisor, franchisee or supplier is eligible for this award.

 

RONALD E. HARRISON 
To recognize organizations and/or individuals who have made significant contributions to minorities in franchising either within their franchise organization or within the franchise community.

Eligibility
This award is open to any organization and/or individual from an IFA member company, past or present, whether franchisor, franchisee or supplier.  

 

IFA FRANCHISEE OF THE YEAR AWARD
Created to recognize outstanding IFA member-company franchise establishment owner-operators, the Franchisee of the Year Award, sponsored by our partner ADP, is an honor determined by the parent company and presented during the association’s popular Public Affairs Conference event hosted annually in Washington, D.C.  A gala ceremony is conducted in the Nation’s Capital in conjunction with IFA’s annual grassroots lobbying activity, which offers opportunities for franchisees and their franchisors to visit Capitol Hill and engage in discussions about key issues affecting franchising.

 

Source: https://www.franchise.org/ifa-awards-program

 

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