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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 2024 edition will close on 22 March 2024.
Apply now at https://bestmanaged.awardsplatform.com
4. How does the applicant lab experience work?
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 outputs. Applicants use this information to complete their Phase II and final application.
5. What privacy policies apply in the handling of company information?
All submissions are confidential and the program is compliant with Deloitte's strict 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.
7. About the regional symposium
The Best Managed Companies symposium is a regional annual event. The symposium is a half-day format. It’s an exclusive invitation-only event for the key executives from the winning companies.
Business educators, thought-leaders and industry experts present a number of panel and interactive sessions providing insights and practical, targeted advice relevant to private companies. It also allows company executives to share best practices and new ideas, while learning practical tools that Best Managed leaders can apply to drive initiatives within their business.
8. About the global 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 48 countries in the Americas, Europe and Australasia and is launching across Africa.
9. Is Best Managed Companies an annual award?
Winners have the opportunity to re-qualify as a Best Managed company after their initial win, subject to an annual operational and financial review. If companies re-qualify over several consecutive years, they qualify for the prestigious Gold & Platinum Awards. Here's how it works:
Year 1 - Best Managed new winner
Year 2&3 - Best Managed re-qualifier
Year 4 - Gold Standard winner
Year 5&6 - Gold Standard re-qualifier
Year 7 onwards - Platinum Club winner
Recommendations
Best Managed Companies
About the awards and benefits for applicants and winners
Eligibility
Aligning with the awards' eligibility criteria
