Stevie Awards

The Stevie Awards
Awarded for Excellence in Business
Sponsor American Business Awards
Country International
First awarded 2002
Official website stevieawards.com

The Stevie Award Competitions were created in 2002 to recognize accomplishments and contributions of companies and business people worldwide. The 2002 awards were called The American Business Awards; the 2003, The International Business Awards, since then the present title has been used.

History

Michael P. Gallagher, an American businessman, conceived the Stevie Awards as a way to "restore public confidence and investor trust"[1] after the Enron scandal in 2001. Gallagher left his job in 2001 and founded American Business Awards to administer the Stevies. The first Stevies were awarded in 48 categories in April 2003[2] and judged by a panel including Rich Karlgaard, the editor of Forbes magazine and Richard Klimoski, Dean of the School of Management at George Mason University.[1]

Application fees and judging

The charge to be considered for a Stevie in 2003 ranged from $200 to $400.[2] As of 2014, entry fees range up to $505.[3] There is an additional fee for attending the awards dinner.[4]

Awards are judged each year by figures in business worldwide who participate in an evaluation process of nominees. Their recommendations for winners are announced at annual awards ceremonies held in New York City and other locations.[1]

According to the organization, awards are given in hundreds of categories, and 30-40% of entrants receive an award.[4][5]

The Stevie

Stevie is taken from the name Stephen, which is derived from the Greek for "crowned".

The trophy is manufactured by R. S. Owens as a 16-inch tall, hand-cast statuette finished in 24-karat gold, holding a crystal pyramid representing Maslow's hierarchy of needs.[6]

Reception

When launched in 2002, the awards were described by the New York Post as a way to "distinguish the good guys from the scoundrels" during a period heightened scrutiny and distrust of managers and CEOs.[7]

References

  1. 1 2 3 Irvin, Woodrow (March 9, 2003). "Fairfax Man Wants Stevie Trophy To Join Ranks of Tony and Oscar". The Washington Post. p. T27.   via HighBeam Research (subscription required) .
  2. 1 2 Ellin, Abby (April 27, 2003). "A Diogenes of Wall Street Finds Executives to Reward". The New York Times. Retrieved 2014-05-27.
  3. "2014 AMERICAN BUSINESS AWARDS ENTRY FEES" (PDF). Stevie Awards. Retrieved 27 May 2014.
  4. 1 2 "FAQ". Stevie Awards. Retrieved 27 May 2014.
  5. The American Business Awards: The Stevies
  6. "The Stevie Awards For Sales And Customer Service" Retrieved on 27 March 2014.
  7. Tharp, Paul (September 22, 2002). "Good Guy Awards for CEOs – Hoping 'Oscars' Will Keep Them in Line". The New York Post. p. 34. CEOs will get a new chance to clean up their image with the launch of the business world's own Oscar awards.

External links

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