Discover the Best Managed Companies program
What you need to know
Eligibility & Process
Companies who want to apply must meet the following criteria:
- Revenue greater than AUD $100million in the most recent year of business
- Australian-owned private company; OR
- Foreign-owned, Australian-based (global) headquarters; private company where management team resides in Australia; OR
- Australian-owned portfolio company controlled by Australian venture capital and Australian private equity firms (greater than 50%); OR
- Australian-owned public company with fewer than 50% of their shares or units traded
- Been in operation for more than three years with financial documentation
The following companies are ineligible:
- Australian-owned public companies with more than 50% of their shares or units traded;
- Credit unions, banks, mutual or co-operative insurance companies;
- Subsidiaries of a foreign owned parent where GLOBAL HQ or management is NOT located in Australia;
- Charities and not-for-profit;
- Government/public sector agencies.
For questions concerning eligibility, please contact email@example.com
The application process
To be considered for Best Managed Companies, new applicants must go through a two phase application process.
Step 1: Register for the program (Phase 1)
Register for the program by completing the Phase 1 online application form by Thursday 30th June 2022. All companies deemed eligible are then invited to complete a further more detailed submission.
Step 2: Complete your submission (Phase 2)
Companies shortlisted for the Phase 2 process will work with coaches from Deloitte Private and the program partners in a 1 on 1 executive team lab prior to completing their submission.
Step 3: Review of your submission
Submissions are reviewed by coaches and an independent judging panel.
Step 4: Awarding
Winners are announced at the annual symposium and gala event to be held in late 2022.
About the program
What is a Best Managed Company?
Australia’s Best Managed Companies celebrates exceptional private businesses and supports their ambitions in shaping tomorrow.
Based on Deloitte global insights generated from over 25 years of working with private companies from around the world, we have uncovered best practices from these leaders. Our rigorous process measures businesses against these benchmarks, evaluating the calibre of their management, abilities and practices.
Shortlisted businesses not only receive opportunities to promote their success to customers, shareholders and employees, but gain a 360 degree view of their business. Through the application process and in partnership with your Coach, you’ll deep dive into the pillars of business best practice to discover where your strengths and opportunities lie. In addition to your dedicated Coach, you’ll also have access to our exclusive alumni community. Our Best Managed Companies program does more than recognise success – it sets a foundation for even more of it.
What we measure
Companies are evaluated across the following areas:
Best Managed Companies apply a formal methodology for strategy development, ensure the strategy reflects all stakeholders, have the right capabilities/metrics in place and clearly and consistently communicate the strategy to all levels of the organisation.
Culture and Commitment
Best Managed Companies build a strong corporate culture and legacy, actively develop their people and leadership team, provide a holistic compensation system, create an inclusive culture and address continuity issues within the company.
Capabilities and Innovation
Best Managed Companies develop valuable capabilities and resources, are highly execution-oriented, are focused on productivity and innovation, and are thoughtful about hiring the right people to execute their business model and strategy.
Governance and Financials
Best Managed Companies install strong governance structures, use KPIs to manage their progress, maintain a strong balance sheet, and apply the financial discipline required to drive revenue growth, improve operating margin, and increase asset efficiency.
Benefits for all applicants
- Independent view of business and benchmark framework
- Coaching process including insights on company’s strategy and performance
- Best Managed Lab at no charge for leadership team to dig deep into program pillars, facilitated by Deloitte experts
Benefits for winners
- Increased market visibility and credibility through exclusive use of Best Managed Companies brand, both nationally and globally
- Strengthened ability to attract and retain top talent through use of trusted Best Managed credential
- Rich networking opportunities among a global community with other business leaders and sponsors at exclusive events throughout the year
- National, regional, and social media exposure
- Professional development through year-round learning opportunities
- Exclusive use of the Best Managed Companies designation
- Celebration of the entire company’s efforts at annual winners’ event and invitations to local and global events
The Best Managed Community
The winners become part of the Best Managed community, a local and global network of companies that have achieved this mark of business success. The program is active in over 40 countries and counting.
Successful new and requalifying entrants to the program are awarded as New Winners and join the elite Best Managed Community.
Members have access to attend the program's year round events including CEO roundtables, webinars, networking events and the exclusive Best Managed Companies Symposium and Gala honouring and celebrating the achievements of the entire team.
How does a company apply to the Australia’s Best Managed Companies program?
You can to register your company via the Award Force portal on the homepage or click this link.
Is there a cost to apply to the Australia’s Best Managed Companies program?
There is no cost to apply.
When is the deadline to apply?
Phase I applications for Australia’s Best Managed Companies 2022 close at 5:00pm AEDT on Thursday 30th June 2022.
How does the coaching process work?
Expert Deloitte coaches work with candidates to understand their business, provide insight and facilitate the Best Managed Lab as part of the Phase II application process.
Can I save my information and come back to finish the application at a later date?
Yes. An applicant can save and return to complete their application by logging into their profile via the registration link.
Meet our 2021 Judges
Commonwealth Bank Australia
Mark’s career in banking and finance spans more than 25 years, during which time he has worked for European and US multinationals and currently for Australia’s largest bank, Commonwealth Bank.
Since joining Commonwealth Bank in 2009 as GM of Asset Finance for the Institutional and Business Bank, Mark has held senior roles in asset finance, property finance, debt syndication, cash flow lending and general banking.
In Mark’s current role as Executive GM of Commercial Banking, his national team provides full banking services for clients with revenue between $5m and $150m.
Mark has a Bachelor or Business (Accounting) from Charles Sturt University, also a Masters of Management from Macquarie Graduate School of Management and is GE Six Sigma Green Belt Certified.
Sean leads a team of pre-sales engineers who work with some of the best system integrators and cloud consultancies across Australia and New Zealand. From innovative Data & AI solutions through to data-centre transformation and workplace collaboration solutions, the Partner Engineering team works with our valued partner network to help our customers adopt Google Cloud technologies and transform their businesses.
Prior to joining Google Cloud in 2017, Sean worked in a variety of technology consulting and pre-sales roles leading the development and implementation of bespoke solutions and business application platforms for customers across many industries.
Employee Matters Group
Natasha is the CEO of the Employee Matters Group, which she started almost ten years ago. Employee Matters is an Employee Relations company that helps small to medium businesses build Employee Assets rather than Liabilities. She has also built a SAAS platform – Employee Metrics.
Natasha is the Author of the book ‘From Hire to Fire & Everything in Between’ and is a sought after Speaker, as well as the host of the highly popular Employees Matter podcast.
She has worked in Employee Relations for over 25 years, working both nationally and internationally, including 12 years at Accenture. She has been nominated numerous times for the Telstra Businesswoman of the Year award and the Small Business of the Year award and she has personally hired, managed and exited over 15,000 employees.
Non-Exec Director, Former Partner, Deloitte
John is a NED and Global Adviser working with a range of ASX 100 organisations and growth technology platforms.
From mid-2017 to late 2020, John was the Global Chief Strategy Office of Deloitte based in New York; sitting on the Global Executive and responsible for strategy and innovation.
For the four years prior, John was the Chief Strategy Office for Deloitte in Asia and the Deputy Chair of Deloitte’s Global Board.
Meet our 2021 Winners
From beginnings in 1972, ADCO has been steered by family values, trust and honesty. Since day one, the business has been committed to quality delivery, to its clients and to its people. These foundations have built ADCO’s legacy – over 3,500 construction projects valued in excess of $14 billion, a 500-strong workforce, and annual revenues approaching $1 billion.
The Alto Group started in 1956 as a petrol station and workshop in Sydney’s Chatswood. Today the business is a leading, family-owned organisation with interests across motor vehicle retail, property, rural and finance operations.
BGC, founded in 1960s, is a vertically integrated manufacturer of building materials which it sells to the residential and commercial construction and mining industries. BGC also competes in the commercial construction space and is the largest home builder in Western Australia.
Buildcorp is a family-owned construction head contractor, founded in 1990. It currently employs nearly 400 people and specialises in new build, fit-out, refurbishment and remedial construction.
Flinders Port Holdings
Founded in 2007, Flinders Port Holdings is a privately-owned port and logistics services group based in Port Adelaide. The parent company owns and operates seven South Australian ports and an innovative logistics company, and Flinders Adelaide Container Terminal, the only terminal facility in South Australia.
Based in Tasmania, Hazell Bros undertakes civil contracting, quarry and concrete production, transport, equipment services and industrial services for a range of public and private sector customers in Tasmania, Queensland, South Australia and New South Wales. The collective group employs over 600 staff across these regions, with 400 based in Tasmania.
InfoTrack is the leading innovator in legal technology, providing an integrated platform that enables clients to find, analyse, organise and communicate information efficiently and effectively. InfoTrack has been at the forefront helping businesses through technology innovation for over 19 years and has a deep understanding of the legal conveyancing industry, with over 8,000 clients across Australia.
Kinetic IT was established in 1996 in Western Australia, after identifying a niche market for technical advice and support services for enterprise customers. Since then, the business has become a leading Australian-owned services provider of enterprise-class ICT services and solutions, partnering with clients to help them deliver essential services including education, law enforcement, defence, emergency, utilities and transport.
Since 1977, KING has been at the forefront of Australian furniture design. With a reputation built on steel, KING creates contemporary, award-winning furniture that’s made to last. The company’s key to success has been its strategy of designing, manufacturing, retailing and servicing its own products, ensuring greater customer engagement and quality control.
Stories of Global Excellence
At Deloitte our purpose is to make an impact that matters. We know that private businesses are the backbone of most economies throughout the world. Our Best Managed program, operated globally with our many sponsors, is designed to inspire, celebrate, and build an ecosystem of exceptional private businesses.
Discover stories of global excellence including Australian winners True Alliance and KING based on observations gleaned from thousands of companies that have competed for the Best Managed designation globally or download the full report.
ActronAir is passionate about designing and engineering the most comfortable and efficient air conditioners in the world. As Australia’s largest locally-owned air conditioning manufacturer, ActronAir has spent more than 35 years designing, manufacturing and supplying air-conditioners specifically built for Australia’s unique climate conditions.
The Alto Group was started in 1956 by George Altomonte as a petrol station and workshop in Chatswood. Today the business is a leading, family-owned organisation with interests across motor vehicle retail, property, rural and finance operations. Its focus is on providing excellent customer and employee experience, epitomised by its company philosophy, "everything we do is driven by you".
InfoTrack is the leading innovator in legal technology. It provides an integrated platform that enables clients to find, analyse, organise and communicate information efficiently and effectively. InfoTrack has been at the forefront of helping businesses through technology innovation for over 19 years and has a deep understanding of the legal conveyancing industry,
Intrepid Travel Group
As the world’s largest adventure travel company, Intrepid’s mission is to ‘change the way people see the world’ by delivering sustainable, experience-rich products. Not only is Intrepid committed to giving customers a travel experience they’ll love, but also using the power of travel to benefit the places and people they visit.
Since 1977, King Living has been at the forefront of Australian furniture design. With a reputation that’s built on steel, King Living creates contemporary, award-winning furniture that’s made to last. The company’s key to success has been its strategy of designing, manufacturing, retailing and servicing its own products, ensuring greater customer engagement and quality
From humble beginnings as a BP service station in 1960, the Motorama Group has grown to be one of Queensland’s largest family-owned automotive retailers, with multi-franchise dealerships across the south side of Brisbane. A values-driven company, Motorama has a focus on providing exceptional customer experience, epitomised in its vision statement, ‘Customers for life’.
Northern Territory Airports
Through innovation, strategic planning and long-term commitment, NT Airports now welcomes more than three million passengers a year to the NT, across its three airports in Darwin, Alice Springs and Tennant Creek. NT Airports is a major leader of economic growth and sustainability in the Territory, and is an integral part of the local communities in which it operates.
Established in 1982 with the launch of Reebok, True Alliance is one of the largest distributors of fashion, sportswear and outdoor clothing in the Australian and New Zealand markets. A family-owned business and custodian of 18 global brands, True Alliance is focused on adding value and executing global strategies of each brand at a local level.