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Frequently asked questions
All your questions answered
- How does a company apply to be part of the Best Managed Companies program?
- Is there any cost to apply to be part of the Best Managed Companies program?
- When do applications close?
- What is the privacy policy that relates to handling of company information?
- About the awards ceremony
- About the regional symposium
- About the global Best Managed Companies program
- Is Best Managed Companies an annual award?
Best Managed Companies
1. How does a company apply to be part of the Best Managed Companies?
Applicants for the Best Managed Companies award will undergo a two-phase application process.
Phase I – The online application
The first phase involves verifying eligibility and completing an online form, which typically takes 30–90 minutes using readily available information.
Phase II – The applicant lab experience
Deloitte coaches work directly with applicants in a one-on-one lab session to gain insights into the company’s business, providing tailored advice, and benchmarking against top-performing private companies globally.
The Best Managed benchmarks represent best practices derived from over 30 years of awards history.
The lab lasts for two hours.
After the lab session, we provide participants with the Best Managed framework, benchmarks, and applicant insights to guide them in completing their final Phase II online application.
2. Is there any cost to apply to be part of the Best Managed Companies program?
There is no cost to participating 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.
5. About the awards ceremony
We invite the winners of the Best Managed Companies program to join us for an awards ceremony in the hosting country, celebrating the accomplishments of all the companies recognised with this prestigious title. Winning companies are allocated a set number of tickets and are welcome to bring their management teams, clients, suppliers, and business associates as guests.
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
