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Frequently asked questions
All your questions answered
- How does a company apply to be one of Indonesia's Best Managed Companies?
- Is there any cost to apply to be one of Indonesia's Best Managed Companies?
- When do applications close?
- How does the client lab experience work?
- What is the privacy policy that relates to handling of company information?
- About the awards ceremony
- About the regional symposium
- About the global program
- Is Best Managed Companies an annual award?
Best Managed Companies
1. How does a company apply to be one of Indonesia's Best Managed Companies?
To be considered for a Best Managed Companies award, applicants go through a two-phase application process.
Phase I – The online application
The first phase verifies eligibility and should only take 30-90 minutes to complete the online form with the information on-hand.
Phase II – The applicant lab experience
Our Deloitte coaches and financial partners work with applicants in a one-to-one lab to understand the company’s business, provide insights, and help them benchmark against some of the strongest and most progressive private companies in the world.
The Best Managed benchmarks are observed best practice based on more than 25 years of the awards’ history.
The lab is two hours long.
Post-lab we share the Best Managed framework and benchmarks, and the applicant insights. Applicants use this information to complete their Phase II and final application.
2. Is there any cost to apply to be one of Indonesia's Best Managed Companies?
There is no cost to participate in the program.
3. When do applications close?
Applications for the 2025 edition will close on 28 February 2025.
Apply now at https://bestmanaged.awardsplatform.com
4. What privacy policies apply in the handling of company information?
All submissions are treated as confidential and the program adheres to Deloitte's stringent privacy and confidentiality policies.
6. About the awards ceremony
We welcome the winners of Best Managed Companies Indonesia to join us at an awards ceremony where we celebrate the achievements of all the companies who have been awarded this prestigious title. Winning companies are provided a number of tickets and are welcome to bring along their management teams and other guests including clients, suppliers and business associates.
6. About the regional symposium
The Best Managed Companies Symposium is an exclusive, invitation-only, half-day regional event. It gathers key executives from winning companies for an engaging program of panel discussions and interactive sessions led by business educators, thought leaders, and industry experts. The symposium offers valuable insights and practical advice tailored to private companies. It provides an opportunity for executives to exchange best practices, share innovative ideas, and gain actionable tools to drive business growth and lead successful initiatives.
7. About the global Best Managed Companies program
The Best Managed Companies program was established in 1993 in Canada and has become the most significant business awards of its kind. The program is active in more than 45 countries across Asia Pacific, the Americas, and Europe.
8. Is Best Managed Companies an annual award?
Yes, the Best Managed Companies program is an annual award. Winners have the opportunity to requalify each year based on an operational and financial review. Companies that consistently requalify are eligible for the prestigious Gold and Platinum Awards. Here's how it works
Year 1 - Best Managed new winner
Year 2 & 3 - Best Managed winner
Year 4 - Gold Standard winner
Year 5 & 6 - Gold Standard winner
Year 7 onwards - Platinum Club winner
