Faculty

Wanda Orlikowski (Alfred P. Sloan Professor of Management and Professor of Information Technologies and Organization Studies) has received an Honorary Doctorate in Economics and Business Administration from the Copenhagen Business School (CBS). The degree citation recognizes Orlikowski’s “distinguished scholarly contribution to Information Technologies and Organization Studies … the outstanding quality of her research in this discipline, and … the great esteem in which her published works are held.”

This honor was formally bestowed in a virtual ceremony in May 2022, and an interview (“Learning from the digital undertow”) followed her CBS lecture.

Jim Orlin has won the 2020 INFORMS (Institute for Operations Research and the Management Sciences) Optimization Society Khachiyan Prize for lifetime achievements in the area of optimization, honoring innovativeness and impact in the field. The award citation notes Orlin’s “deep and extensive contributions to network flows and combinatorial optimization, including novel results for max flows, min cost flows, min cuts, and shortest cycles.”

Georgia Perakis’s appointment as editor-in-chief for Manufacturing & Service Operations Management (M&SOM), effective January 1, 2021 for a three-year term, has been approved by the Institute for Operations Research and the Management Sciences (INFORMS) Board of Directors. M&SOM, published quarterly, is the premier operations management journal. In addition to the appointment reflecting her outstanding record and reputation in the operations management research community, Perakis has the noteworthy distinction of being the first woman to serve as editor-in-chief at any of the top journals in the field—M&SOM, Management Science, Operations Research, and Production and Operations Management.

Georgia Perakis has won first prize in the 3rd Production and Operations Management Society (POMS) Applied Research Challenge (ARC), a biennial competition recognizing rigorous applied research that is innovative and relevant to practice in its managerial insights, implementable ideas, and impact on practice and research. An academic panel selected finalists to present their work at the 2018 POMS Annual Meeting, and a practitioner judge panel of recognized practice leaders selected the winner. Perakis’s winning paper, co-authored with her MIT Operations Research Center PhD students Lennart Baardman and Divya Singhvi as well as industry collaborator Igor Levin (Johnson & Johnson), is entitled “Leveraging Comparables for New Product Sales Forecasting.” An extended abstract of the paper will be published in Production and Operations Management (POM), and the paper is currently under review for publication at Operations Research.

Georgia Perakis has received two Institute for Operations Research and the Management Sciences (INFORMS) honors. First, she received the 2021 Distinguished Fellow Award from the INFORMS Manufacturing and Service Operations Management (MSOM) Society. This rare distinction recognizes outstanding research and scholarship in operations management.

The citation notes Perakis’ “exceptional research, spanning theory to practice with fundamental contributions to the price of anarchy, dynamic pricing and data analytics,” with “research impact felt not just through the papers she has generated and the many practical innovations that have arisen from those papers, but also through how transformative it has been on the lives of many of the people she works with.” In addition, Perakis received honorable mention (second place) in the INFORMS 2020/21 M&SOM Practice-Based Research Competition, which recognizes outstanding unpublished operations management research papers with a high potential or realized impact on practice.  (Jónas Oddur Jónasson won first place, so MIT Sloan faculty won both prizes).

Perakis’ honored paper describing work with Wayfair, “Ancillary Services in Targeted Advertising: from Prediction to Prescription” (MIT Sloan Working Paper 6239-20) was co-authored with Divya Singhvi (IBM Research AI Residency Program; MIT ORC PhD ‘20), Omar Skali Lami (MIT ORC PhD student; MIT Sloan MBAn ’17), Alison Borenstein (Assurance IQ; MIT Sloan MBAn ’20), Jiong Wei Lua (Singapore National Service; MIT Sloan MBAn ’20), and Ankit Mangal and Stefan Poninghaus (both of Wayfair).

 

Andrew W. Lo is the winner of the 2018 Pinnacle Achievement Award from CME Group and BarclayHedge. This is the highest recognition of outstanding achievement among the Managed Futures Pinnacle Awards honoring top managed futures industry leaders. A video spotlighting Lo as the winner can be found here (scroll down for video to listen to his thoughts on his work).

Robert Pozen has been appointed as a trustee of the International Financial Reporting Standards (IFRS) Foundation, for a three-year term that started January 2, 2021. The IFRS Foundation Trustees are responsible for the governance, oversight, and strategy of the foundation and the International Accounting Standards Board, which sets IFRS Standards. Pozen’s appointment in one of the six Americas seats was approved by the IFRS Foundation Monitoring Board, a group of publicly accountable capital market authorities to whom the trustees are accountable. The appointment was announced in December.

MIT Sloan Professor of Finance Leonid Kogan won for his paper "Technological Innovation, Resource Allocation, and Growth" co-authored with D. Papanikolaou of Kellogg, A. Seru of Chicago Booth, and N. Stoffman of Indiana University's Kelley School of Business. The prize, which recognizes contributions to the field of quantitative asset management, provides a forum for new and cutting-edge research that connects theory and practice, in support of the continued development of the science of economics. The prize is named in honor of PanAgora's founder, the late Dr. Richard A. Crowell, a pioneer in the field of quantitative investing.

Kristin Forbes has been named an Honorary Commander of the Order of the British Empire (CBE) by Her Majesty Queen Elizabeth II for services to the British economy (recognizing Forbes’ outstanding service contributions from 2014 to 2017 as an External Member of the Monetary Policy Committee of the Bank of England). Appointments to The Most Excellent Order of the British Empire reward contributions to the arts and sciences, work with charitable and welfare organizations, and public service. A CBE is among the most prestigious honors bestowed in the United Kingdom (after the highest, Knight or Dame). Awards given to non-UK citizens are “honorary.” Recipients of the award traditionally receive the insignia of the Order in London at Buckingham Palace, in an Investiture ceremony presided over by Queen Elizabeth II (or her designate, such as the Prince of Wales).

Ray Reagans (Alfred P. Sloan Professor of Management; Professor of Work and Organization Studies; and Associate Dean for Diversity, Equity, and Inclusion) and Basima Tewfik (Class of 1943 Career Development Assistant Professor and Assistant Professor of Work and Organization Studies) have each won a 2022 Teaching with Digital Technology Award from MIT for their innovative use of digital tools in their teaching. 

These student-nominated, student-judged awards recognize faculty and instructors who have effectively used digital technology to improve teaching and learning at MIT. This recognition also gives the MIT community the opportunity to learn from their innovative practices. The awards are co-sponsored by MIT Open Learning and the Office of the Vice Chancellor. This year students submitted a total of 207 nominations, and 15 winners were selected.