The INFORMS Prize is given to an organization for “effective integration of operations research into organizational decision making”. It is given to organizations for sustained use of operations research. The criteria are
- Variety of Applications of OR
- Competitive Advantage to the Organization
- Business Impact
- Business Model for Success
- Endorsements (from top-level management)
- Overall Quality of the Application
INFORMS just announced at the INFORMS Practice Conference the 2008 winner to be GE Global Research, Risk and Value Management Laboratory, with Intel and MITRE as the honorable mentions. The CTO of GE gave a very nice speech about the role OR plays at GE.
