Outlast and outperform
Insights
from Canada’s most successful companies
Most of Canada’s 1.2 million businesses are privately owned and are the backbone of our economy. Yet, only about 55 percent of the companies that existed five years ago are still in business today, and even when firms survive they often struggle to grow.
To fare better, businesses must look to the very best: the companies that demonstrate exceptional strategy, capability, commitment, and return on investment. Winners of the Best Managed companies program are a select group of privately held companies that excel in these ways.
Understand what sets successful companies apart
Our analysis revealed that the attitudes and behaviours of Best Managed companies stood out from the average business in four key areas:
Planning for the future
Comprehensive planners report having robust plans for a wide range of long-term challenges
People
Over the next five to ten years, to what extent do you expect your firm to invest in improved talent acquisition and retention, to adapt to long term challenges?
Innovation
Firms with strong design and scale capacities have formal processes to encourage new ideas, and are likely to implement good ideas
Global orientation
Companies that participate in global value chains look to the USA or other countries for sales and finding suppliers most of the time or always
Outlast and outperform:
Insights from Canada’s most successful companies
Most companies are not future-ready—but they can be. Learn how the Best Managed flourished during the last 25 tumultuous years, so that your business can seize the opportunities of tomorrow by taking bold action today.
Get in touch
At Deloitte, we believe Canada can continue to be the undisputed best place in the world to live and work over the next 25 years. Canada at 175 is our multi-year research initiative to study the issues at the heart of Canada’s future success and provide a perspective on our path to prosperity.