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Award from the Society of Decision Professionals
Description of the Award
The Decision Analysis Practice Award is sponsored jointly by Decision Analysis Society and Society of Decision Professionals. This award is given to the best decision analysis application.
Purpose of the Award
The Decision Analysis Practice Award, a collaborative endeavor of the Decision Analysis Society (DAS) and the Society of Decision Professionals (SDP), seeks to recognize excellence in the field of decision analysis. This prestigious accolade is presented annually to the most outstanding decision analysis application, as appraised by a distinguished panel comprising members from both societies.
The award not only bestows honor but also includes a noteworthy $750 cash prize. Furthermore, as a testament to our commitment to furthering the reach and impact of the recipient’s work, we offer valuable assistance in navigating the path to publication in a suitable journal, should the awardee wish to do so.
Additionally, the recipient of the Practice Award is extended a unique opportunity to share their expertise and insights. They are cordially invited to present their award-winning work at the Society of Decision Professionals Annual Conference and Workshops, formerly known as DAAG, the following spring. This platform provides a valuable avenue for the dissemination of groundbreaking ideas and advancements in the realm of decision analysis.
How are the Applicants Judged?
The Award Committee will use the following criteria:
- Clear framing of the decision using the principles of decision theory.
- Quality and originality of the decision analysis techniques employed.
- Centrality of the analysis to the client’s decision-making process, taking account of the importance of the problem.
- Benefits and importance of the decision analysis to the client, stakeholders, and the public.
- Describe the next steps for the analysis.

Joseph Byrum is an accomplished executive leader, innovator, and cross-domain strategist with a proven track record of success across multiple industries. With a diverse background spanning biotech, finance, and data science, he has earned over 50 patents that have collectively generated more than $1 billion in revenue. Dr. Byrum’s groundbreaking contributions have been recognized with prestigious honors, including the INFORMS Franz Edelman Prize and the ANA Genius Award. His vision of the “intelligent enterprise” blends his scientific expertise with business acumen to help Fortune 500 companies transform their operations through his signature approach: “Unlearn, Transform, Reinvent.” Dr. Byrum earned a PhD in genetics from Iowa State University and an MBA from the Stephen M. Ross School of Business, University of Michigan.