There could always be a danger of it becoming a popularity contest - it's run by the Stage Management Association, and there are five different awards
Individual member of Stage Management - can be nominated by anyone working professionally in theatre. This can be CM/CSM/SM/DSM/ASM
Stage Management Team - can be nominated by anyone working professionally in theatre
Student Stage Manager - nominated by their respective college tutors
Outstanding contribution to Stage Management - can be nominated by anyone working professionally in theatre
'Golden Headset' award - nominated by a member of the SMA for their 'Theatre heroes'.
Once nominations are received, a panel then picks a winner, based on their knowledge of the person, the work they have done and the information given on the nomination form.
More info here:
http://www.stagemanagementassociation.co.uk/conference/awardsMatthew, Kay- I hope this has helped?
C