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Barbados & the Eastern Caribbean's Best Managed Companies
Introducing Barbados & the EC's Best Managed Companies Program – Are you BEST MANAGED?
Barbados & the Eastern Caribbean's ‘Best Managed Companies Program” is a competition to recognize the overall success of strong privately owned companies based on a proven Deloitte framework, reviewing four dimensions: strategic direction, ability to execute, corporate culture, and financial performance.
Overview of the Best Managed Companies Program
In a period of intense competition from regional and international players, the local privately owned company needs to ensure longterm success, through efficiency, sound planning & decision making. The private sector and privately owned companies form the foundation and key to growth of the Trinidad & Tobago business landscape. These companies compete with the best in the world, to be adaptable and sustainable in an evolving global market.
The Best Managed Companies program enables companies to be recognized and awarded by independent accessors, the annual designation of “Best Managed Company”. It’s not simply a competition but a program that involves coaching from Deloitte & CIBC FirstCaribbean coaches, informing on key components and guidelines for implementation against the Deloitte framework. The program is currently in twenty-five countries worldwide.
“What we aspire to do is build a network of the very best private companies in Barbados and the Eastern Caribbean (EC) with expansion into the Caribbean and connect that network to the very best private companies worldwide."
There is fame in recognition and winning an award but Barbados & the Eastern Caibbean's Best Managed Companies offers unique opportunities.
Benefits to participating:
- Insights from Deloitte and CIBC FirstCaribbean professionals
- Detailed self –analysis of your business focused on strategic and operational issues
- Shine a light on current best practices and areas for improvement
A unique program recognized locally and globally, Best Managed Companies:
- Focuses on privately owned and managed companies
- Recognizes overall business performance and sustained growth
- Recognizes the efforts of the entire organization
- Measures more than financial performance