High Quality Content by WIKIPEDIA articles! The Shingo Prize for Operational Excellence is awarded annually by the Jon M. Huntsman School of Business at Utah State University, to companies around the globe that "achieve world-class operational excellence status." It was established in 1988 and is named in honor of Shigeo Shingo. Dubbed the “Nobel Prize of Manufacturing” by Business Week, the Shingo Prize is recognized as the premier award for operational excellence in North America.