HomeBusinessLimerick businesses urged to MAXIMISE their company’s performance

Limerick businesses urged to MAXIMISE their company’s performance

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Superior business performance will be recognised by Deloitte and Bank of Scotland (Ireland’s) at the Best Managed Companies Awards as the call rings out for Limerick companies to enter the competition. Deloitte, in association with Bank of Scotland (Ireland), is calling on indigenous Irish and Limerick based companies to submit their applications for this year’s Best Managed Companies Awards programme. The business awards programme will recognise twenty-five companies across the island of Ireland that demonstrate superior business performance.

An independent judging panel, led by Denis Brosnan, will measure prospective companies’ performance by looking at a broad range of criteria including strategy, capability, commitment, financials and management performance across all key functions of the business. This is the only awards programme that considers companies from every perspective and evaluates the management practices of companies.

Companies from all industries are encouraged to submit their applications for the awards. Last year’s inaugural winners came from a variety of different sectors including the technology, property, distribution, freight, healthcare, hospitality and waste management industries.

Identifying the type of attributes the judging panel will be looking for in prospective companies, Pat Cullen, Managing Partner, Deloitte said: “In today’s economy, business and management success can no longer simply be defined as increased sales, profit or turnover. We will be taking a holistic view of the companies, their performance in relation to their peers, and the industries that they are operating in, in order to determine management success. Never has it been more important to recognise and celebrate those companies that are demonstrating sound management practices.”

Cullen continued, “This is the second year of the awards here in Ireland. Last year’s winners demonstrated the depth of management talent that is present in Ireland today and we are confident that, this year, we will discover a fresh crop of companies that are excelling in today’s challenging environment. We are very much looking forward to acknowledging their achievements.”

The awards, which are open to companies from all 32 counties on the island of Ireland, offer benefits to all companies entering the Best Managed Companies Awards programme – not just the winners. Valuable insights into the ingredients for long-term success of their business will be available to all applicants – and those who progress through the awards process will receive customised feedback from Deloitte and Bank of Scotland (Ireland), thereby benefiting from experienced business acumen and expertise within both the professional services and banking sectors.

In addition, winners also receive national and peer recognition, the opportunity to network with their peers in the industry at a gala awards ceremony and attend a symposium organised by the IMI. The ’Best Managed’ designation is an important marketing tool – but, perhaps most importantly, the awards provide a reason to celebrate the efforts of the entire company.

For further information and details of how to enter for the awards, visit www.deloittebestmanaged.ie. The closing date for entries is Friday 3 July, 2009. The winners of the Deloitte Best Managed Companies Awards will be announced in March 2010.

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