Deloitte identifies Australia’s best privately managed companies
Deloitte’s prestigious global awards program launches in Australia
15 October 2019: An automotive dealer, a tech innovator, and a furniture retailer are among eight private Australian companies recognised for their outstanding business performance in Deloitte Australia’s first ever Best Managed Companies (BMC) awards.
The program, established in Canada in 1993, uses Deloitte global insights and global best practices - generated from over 25 years working with private companies - to identify and celebrate privately owned and managed companies across Australia that set the highest standards of business performance. It also shines a light on the power of private business as a key driver of Australia’s economy.
In association with the program sponsors – Google Cloud, Qantas, Commonwealth Bank and Business Council of Australia - the winners were announced at a Gala event in Sydney this evening.
Natalie Faull, Deloitte Private Partner and National Leader - Best Managed Companies program, said: "We’re proud to bring Deloitte’s established Best Managed Companies global program to Australia for the first time. The judges evaluated the strengths of applicants across four key pillars: strategy, culture and commitment, capabilities and innovation, and governance and financials - and these eight businesses are deserved winners.
“It’s about celebrating the passion, focus, dynamism and growth that Australia’s best private companies are renowned for. They are often the disruptors – developing and adopting new technology swiftly, supporting local communities in unique ways, and always looking for growth and success beyond our borders.
“The program’s vision is to identify and showcase the incredible achievements of private companies as they continue to go from strength to strength, and help them cultivate new learnings. It offers valuable opportunities for coaching, local and global networking, visibility, connectivity and recognition - and there's an enormous amount to learn from our global counterparts.
“Our program sponsors bring a diverse perspective to our inaugural cohort of Best Managed Company applicants, and we’re thrilled to have them on board.”
Deloitte Private Managing Partner, Andrew Culley, said: “Congratulations to our eight winners - it’s wonderful to have such a diverse range of companies. All set the benchmark for organisational excellence and are committed to growing their business and developing leaders of the future.
“With so many Australian private companies having a strong impact, we’re really pleased to be involved in recognising such an important part of the Australian market. Our challenge now to Australian private companies is to enter next year’s program and join this illustrious alumni and rapidly expanding global network."
Over a 12 month period, winners receive coaching from leading business advisors, networking opportunities via invitations to exclusive events including premium sponsor events, and key branding and promotional opportunities.
About the Deloitte Best Managed Companies program
This leading business awards program is a global initiative recognising excellence in privately owned companies that set the highest standards of business performance. Companies are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. To find out more, visit www.bestmanagedcompanies.com.au