Deloitte Private

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 national marketing opportunities but gain a 360 degree view of their business. With access to a dedicated business coach and exclusive networking through our alumni community, our Best Managed Companies program does more than recognise success – it sets a foundation for even more of it.

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Australia’s Best Managed Companies – 2020 program update

In light of the current public health outbreak of COVID-19, we are choosing to pause the application, assessment and awards aspect of Best Managed Companies for 2020. We recognise many private businesses will have other priorities through this unprecedented and disruptive time.


We’ll be continuing to provide you with ongoing content and thought leadership during this time, as well as opportunities to meet and share ideas virtually.


We look forward to Best Managed Companies returning in its full capacity in February 2021.

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What you need to know

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Why apply?

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When it comes to Best Managed Companies, there are six key reasons to enter:



Coaching

We provide you with a tailored coaching process – giving you an external view of your business strategy and performance.

Networking

The opportunity to access rich networking opportunities with other business leaders through program events, professional development and business discovery sessions.

Visibility

Increased market visibility and credibility for winners through media exposure.

Connection

Membership in the growing Best Managed Companies network throughout the world.

Recognition

Exclusive use of the Best Managed Companies logo – a globally recognised symbol of credibility, helping to attract top talent and facilitate business.

Impact

Our program helps drive long-lasting business outcomes. And we have the research to prove it.

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What we measure

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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.

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Application criteria

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Companies who want to apply must meet the following criteria:
  • In operation for more than three years with financial documentation
  • A 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

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FAQs

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How does a company apply to the Australia’s Best Managed Companies program?

Complete your application here.

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?

Australia’s Best Managed Companies 2020 has been postponed due to the impact of the novel coronavirus (COVID-19). We’ll be releasing a revised timeline for the program in the coming weeks.

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.

What is the privacy policy regarding the handling of my information?

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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Meet the 2019 winners

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ActronAir

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.

Alto Group

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

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.

King Living

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

Motorama Group

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.

True Alliance

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.

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See what it takes

Explore the highlights of Australia’s Best Managed Companies 2019.
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    Our sponsors

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    Contact us

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    Natalie Faull

    Partner, Deloitte Private

    Andrew Culley

    Managing Partner, Deloitte Private

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