Awards of any kind are a dignity-shredding affair, even when your auditors can count envelopes, but just what is going through the mind of an investment banker, recruitment consultant, lawyer or compliance professional who thinks it wise to hold, be nominated for, win, humblebrag on LinkedIn about, or congratulate anyone else for winning, an “industry award” is hard to fathom.

These awards used to be doled out only at gala events convened by those tedious free industry magazines as a means of rewarding representatives of their patient and persistent advertisers, who didn't seem to be getting anything else out of that commercial transaction (does anyone actually read Risk Magazine[1]? Why? When?).

At least then, sheepishly returning to your desk with an embarrassing plastic figurine was the price of a free night out on the tiles with your buddies — but in recent times those comparatively austere publications and their passingly fancy dinners have been joined by all kinds of obscure “industry networking platforms” and hitherto unheard-of “industry trade associations” in declaring arbitrary, meaningless and often frankly outrageous awards to individuals whom you would think the simple pleasure of excelling at their professional calling, or failing that, being richly paid for it, ought to be reward enough. No gala dinners for these: just a ropey post on the internet.

But nonetheless, some are afflicted by a neurosis courtesy of which they seek public recognition for their endeavours. There are some insecurities that only a gong for “Person of the Year, IT Procurement, Government Sector”; “Business Development Professional of the Year: Information Services Sector” or “Contentious Litigator of the Year - Alternative Dispute and Mediation sector” can redress.

It must be nice to have doubts that can be so easily quashed. These awards are “judged” anonymously, without reference to published criteria and awarded to persons who usually don’t have obvious merit in their nominated field — beyond representing a prolific advertiser — at all, let alone to such a degree to warrant being lionised so aggravatingly.

These awards foster unconscionable behavior too: The humble-bragging by the recipient on LinkedIn or the Corporate Intranet; ostentatious brown-nosing from inferiors and those keen to build their networks

References

  1. Careful: http://www.risk.net/risk-magazine is the derivatives risk magazine. https://www.risk-mag.com is a different kind of magazine altogether, although its reader appeal is a bit more obvious.