Best Managed Companies

About Us

Australia’s Best Managed Companies 2019

Be bold. Never settle.

It’s time to recognise local excellence across privately owned companies. From over 25 years working with dynamic businesses around the world, we are bringing our Best Managed Companies program to Australia.

Ready to put your best foot forward?

Be the best you can be. Get recognised.

Apply now

What is Best Managed Companies all about?

Our Best Managed Companies program uses Deloitte global insights generated from over 25 years of working with private companies from around the world.

By listening to and working with a diverse range of companies we have uncovered best practices from these leaders – setting themselves apart and driving sustained success.

Each year, hundreds of innovative and entrepreneurial companies undergo a rigorous application process – but only truly the best are awarded the prestigious title of Best Managed Company.

See what it takes: learn from Canada's Best Managed Companies. Download the report.

It's now Australia's turn: are you ready?

Why is this program unique?

There are many reasons businesses choose to enter the Best Managed Companies program, including:

How does the program work and who is eligible?

Through extensive work with Best Managed Companies around the world, we have uncovered common practices across four key pillars.

There is no application fee or cost to participate in the program and companies are evaluated across the following areas:

Strategy

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.

Candidates must meet the following criteria:
  • In operation for more than three years with financial documentation
  • Privately Owned Enterprise
  • Revenue greater than AUD 75 million in the most recent year of business
  • Headquartered in Australia
The following companies are ineligible:
  • Public companies
  • Foreign multinationals and their subsidiaries
  • Credit unions/insurance companies/banks/co-ops
  • Charities and not-for-profit organisations and their subsidiaries
  • Government-owned/public sector agencies
  • Partnerships
  • For questions concerning eligibility, please contact aubestmanaged@deloitte.com.au

Lock these timings in your calendar:

Questions that companies are asking:

The Phase I submission deadline is Friday 17th May. Following successful completion of Phase I, candidates are advanced to Phase II. The final deadline to submit Phase II is Friday 28th June.

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.

Yes. If an applicant part completes their application, Deloitte will be in contact with a link that can be used to continue to complete the application.

More information about how Deloitte will handle your personal information, how you can lodge a complaint, how you can contact us, and how you may access and seek correction of your information is set out in our Privacy Policy at https://www2.deloitte.com/au/en/legal/privacy.html.

For any other enquiries you can contact the review team at: privacy@deloitte.com.au.

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