It was announced this week that 22 new companies have joined the Deloitte Best Managed Companies network as the awards programme celebrates its 10th year. These companies join a requalifying network of more than 100 companies, built over a decade of the programme.
The awards, in association with Bank of Ireland, culminated with the Best Managed Companies Awards symposium and gala, which was attended by over 1,000 people from the Irish business community.
The 22 new entrants were awarded their Best Managed status following a detailed qualification and judging process. This took into consideration the complete performance of the business, looking beyond the finances at criteria such as operational excellence, strategy and human resource processes.
Five of the new award winners were singled out for special recognition – PFH Technology Group was commended for best submission in Strategy, Phonovation Limited for Capability, and AROUND NOON for Commitment. These criteria are the three cornerstones of the Best Managed Companies Awards submission. Meritsoft was recognised for Best Overall Submission. Codd Mushrooms was the recipient of the annual IMI Award, and was commended for their business model execution and sharp focus.
Of the 137 companies recognised this year, Dublin, Cork and Antrim dominated the winners’ list. Forty percent of winners are Dublin-based, while Cork and Antrim both yielded approximately 10% of the winning companies. Overall however, 26 of the 32 counties were represented, showing the wide spread of business excellence around Ireland.
Speaking this week, Director at Bank of Ireland Corporate Banking, Andrew Graham said, "We have been really impressed by not only the breadth of businesses but also their ambition, drive and determination. I have no doubt that they will continue to set the benchmark for excellence in the years to come and we wish them continued success."
Deloitte Partner, Anya Cummins added, "The programme represents companies from different industries with many industry-specific challenges but also common characteristics such as adaptability, innovation and ambition. Their stories are the stories of Irish business this past decade, and they are stories of resilience, recovery and confidence. We’re particularly proud to recognise those who have been in the programme since it began in Ireland, and whose performance across all key functions of their business has excelled."
Source: www.businessworld.ie
