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Sloan launches e-commerce awards

The Sloan School of Management has announced the first annual MIT Sloan E-Commerce Awards, which will be presented at a May 11 ceremony to be broadcast live over the Internet.

In keeping with Sloan's focus on the practical implementation of business theory and technology, the entries must have implemented a business theory or technology to be eligible for nomination in a particular category.

"We are living in a time that may be as significant as the dawn of the Industrial Revolution. It is our goal to recognize the successful business and technology innovators that are leading this change on the Web," said Assistant Professor Nader Tavassoli, co-director of Sloan's new MBA track on electronic commerce and marketing.

Anyone wishing to nominate a company (including his or her own) can do so at the awards web site, which also has additional information about the award categories.

Companies nominated for each award category will be selected in a two-stage process. A committee of MIT faculty members and business leaders including Bill Porter, founder of E*Trade, will select final winners.

The award categories are:

  • ������Re-Inventor Award -- best reinvention of an existing industry
  • ������Internationalist Award -- best servicing of international customers
  • ������Rookie of the Year Award -- most promising "up and coming" company
  • ������Technology Innovator Award -- most promising technology
  • ������Web Transformation Award -- most impressive transformation of an established company into a web-based business
  • ������Social Responsibility Award -- best use of e-commerce for social responsibility

The awards will be part of Sloan's new education program on electronic commerce and marketing, announced in February and accepting its first students in fall 1999, that will build on MIT's extensive expertise in electronic commerce and the Internet. Faculty will work with industry leaders to develop knowledge, insights and techniques that shape future technology and management practices.

For more information on the E-Commerce Awards, contact Paul Denning at x3-0576 or

A version of this article appeared in the April 14, 1999 issue of MIT Tech Talk (Volume 43, Number 26).

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