iise Process industries (pid) division Award for corporate Innovation

Purpose and objectives

This award recognizes an organization for a major innovative business process and the architecture of the process for its contribution to the success and viability of process industries in order to promote and recognize excellence within the industry. This is a "best practice" type of award and we are looking for an innovative process that created a change in the business model.

Application process

Any organization operating in the process industries is eligible for the award. Applicants will self-nominate by submitting a completed application form. Multiple organizations may be selected to be recognized depending on their contribution to the success of process industries.

Evaluation criteria

  • What extent the organization has experienced breakthrough improvements in marketshare of costs and innovation (e.g., patents)
  • What extent the organization has experienced a change in the business model for the organization and led to changes in business model for the industry
  • Breakthroughs in market share, costs, innovation and patents will be considered as additional criteria

The recognition process can result in multiple awards for companies and individuals depending on their contribution to the success of process industries.

Please submit an application form application form to Martin Stein.

Important dates

Applications due: Feb. 28, 2019
Winner notification: March 15, 2019

If you have any questions, please contact Bonnie Cameron.

Process Industries Division page

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