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Deloitte recognises the next wave of Australia’s best privately managed companies 

18 NOVEMBER 2021: Players in technology, transport, manufacturing and retail and industrial products and construction comprise the ten private Australian companies recognised for their outstanding business performance in Deloitte Australia’s 2021 Best Managed Companies awards.

Now in its second year in Australia – sponsored by Google Cloud and the Commonwealth Bank – the Best Managed Companies program identifies and celebrates privately-owned and managed companies across Australia that set the highest standards of business performance, and shines a light on the power of private business as a key driver of Australia’s economy.

The program’s judges challenged and evaluated the strengths of the applicants across four key pillars: strategy; culture and commitment; capabilities and innovation; and governance and financials. 

 

2021 Best Managed Companies Winners

Name

Location

Sector/Industry

ADCO Constructions

Sydney, NSW

Industrial Products & Construction

Alto Group

Sydney, NSW

Automotive

BGC

Perth, WA

Industrial Products & Construction

Buildcorp

Sydney, NSW

Industrial Products & Construction

Flinders Port Holdings

Adelaide, SA

Transport & Logistics

Hazell Bros

Hobart, TAS

Industrial Products & Construction

InfoTrack

Sydney, NSW

Technology

Kinetic IT

Perth, WA

Technology

KING

Sydney, NSW

Manufacturing, Retail

Vaughan Constructions

Melbourne, VIC

Industrial Products & Construction

 

Deloitte Australia CEO, Adam Powick, said: “The way the pandemic has unfolded over the past two years has really tested Australian businesses across the public and private spectrum. But it has also helped many businesses focus on their strengths, initiate positive transformation, and identify opportunities for post-COVID growth.

“This group of 2021 winning companies all had clear strategies, embraced innovative digital transformation, drove responsible and sustainable business practices, and truly supported their people throughout this period of disruptive change.”

Natalie Faull, Deloitte Private partner and Best Managed Companies program national leader, said: “Our Best Managed Companies program is about celebrating the passion, focus, dynamism and growth that Australia’s best private companies are renowned for.

“They are often disruptors, they are significant employers, they are always looking for growth and success, locally and beyond our borders, and they are strong supporters in their local communities. The impact of the pandemic has not changed this focus, it has heightened it.

“This year, the program has really demonstrated just how well our best managed private businesses have refined their already well-developed strategies in response to the pandemic. They’ve certainly been tested by the COVID environment, but they’ve also stood up to the challenges, and are navigating the future with confidence.

“We’ve witnessed business operations pivoting due to COVID-19’s impact, including deliberate integration of hybrid workforce management tools and emerging future-focused digitisation of operations. We’ve also seen global trends emerge, with companies investing more in diversity and inclusion and ESG practices.

“What was also consistent across all of our winners was their actions surrounding their people and stakeholders. Communication with employees, customers and suppliers has been a very strong focus, particularly in the context of hybrid working environments, operating in multiple states with differing health directives, and global supply chain disruptions.”

Faull also acknowledged the Best Managed Companies program sponsors. “Google Cloud and Commonwealth Bank bring expertise in their respective fields to the program as well as a diversity of perspectives for our Best Managed Company applicants. We’re thrilled to have them on board,” she said.

Deloitte Private Managing Partner, Andrew Culley, said: “The past 18 months have been incredibly challenging for the Australian economy, with significant and sustained disruption. But we have seen private businesses demonstrate resilience, agility and decisiveness as they have navigated the turbulence. We have seen these attributes in our Best Managed Company winners that have also demonstrated a meaningful commitment to their people and purpose, and a focus on clear goals and sustained success.”


About the Deloitte Best Managed Companies program

Best Managed Companies was established in Canada in 1993, and has since launched in over 35 countries. The program uses Deloitte global insights and global best practices – generated from nearly 30 years working with private companies – to identify and celebrate privately owned and managed companies across Australia 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.

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.

For more: www.bestmanagedcompanies.com.au

Due to COVID restrictions, the 2021 winners will be celebrated at a gala event in March 2022.

Media contacts

Natalie Faull
National Leader - Best
Managed Companies program
T: +61 3 9671 7181
Email  

Simon Rushton
Communications, Media & Corporate Affairs
M: +61 450 530 748
Email

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