Two Mayo-based companies have been named as Deloitte Best Managed Companies at the annual awards gala in Dublin, held in association with Bank of Ireland.
The companies were awarded this designation following a detailed qualification and judging process that evaluates the entire management team and business strategy in some of Ireland’s top privately owned businesses, looking beyond financial performance at criteria such as operational excellence, strategic planning, governance and talent strategy.
Mayo’s CMS Distribution joins a network of 136 companies which were awarded the status of Best Managed this year. The Best Managed Companies network this year has total revenues of almost €11 billion, export sales of almost €3 billion and total employment of approximately 44,000 people.
In addition to the new entrants and those that have requalified as a Best Managed Company, Mayo-based Portwest was among 13 companies presented with the “Gold Standard” accolade, having secured Best Managed status for four consecutive years, while 13 companies were awarded “Platinum Standard”, having requalified for the award for seven years in a row.
Anya Cummins, Partner, Deloitte said: “Well done to all of the winning companies on their achievement. The Best Managed Companies process is a rigorous one, examining every facet of an organisation and the bar is set high by our judging panel. As ever, the spread of companies right around the country and across a number of industries underlines the importance of Irish and Northern Irish companies to the economy and in the midst of economic uncertainty, technology disruption, an open competitive market and full employment, the continued strong performance of these businesses is admirable. In the current environment, it is important for this contribution to be recognised, supported and showcased.”
This year’s judging panel members were Frank Ryan, Chair of the Judging Panel; Brendan Jennings, CEO, Deloitte Ireland; Tom Hayes, Chief Executive, Bank of Ireland Corporate Banking; Siobhan McAleer, Commercial Director at the IMI; Rose Hynes, Chairman of the Shannon Group Board and Origin Enterprises; and Feargal Mooney, former Chief Executive Officer of HostelWorld.