A total of two Waterford-based companies were recognised as Best Managed Companies this year.
Keltech, a contract manufacturing partner based in the Waterford Industrial Park on the Cork Road, featured on the winning list.
The Cliff House Hotel achieved the Platinum Standard, having won for the seventh consecutive year.
25 new companies have been announced as Ireland’s Best Managed Companies, entering the awards programme for the first time in 2021. The programme is led by Deloitte Ireland, in association with Bank of Ireland. With this year’s new winners, there are now 139 companies that are recognised as Ireland’s Best Managed Companies. This network of companies has a combined turnover of €8.5 billion and employs a total of 40,000 people.
This year’s programme saw the highest number of new applicants in its thirteen-year history and culminated in a virtual symposium and awards ceremony this week. The winning companies represent 26 counties across the island of Ireland and come from a range of sectors – from retail and hospitality to manufacturing and construction. This year’s winning cohort of companies also features a strong presence from the technology sector.
Anya Cummins, Lead Partner for Ireland’s Best Managed Companies Awards Programme at Deloitte Ireland said:
“This year, a record number of applications to the Ireland’s Best Managed Companies Awards programme were received. The quality of the applicants demonstrated the extraordinarily high-quality businesses operating across the island of Ireland today. In a relentlessly challenging year, the winning companies displayed true bravery in how they adapted to change, with many innovating and some even accelerating their plans for their businesses.”
17 companies achieved Gold Standard at this year’s awards, having requalified for their fourth consecutive year and 12 companies were awarded Platinum Standard, requalifying for their seventh consecutive year.
Harry Goddard, CEO, Deloitte Ireland and judging panel member commented:
“This year’s winning companies had robust strategies in place prior to the pandemic, which enabled them to respond comprehensively to the changing situations they found themselves in. With no sector untouched by the impact of Covid-19, many companies remained committed to ensuring that they did not fall into the trap of doing things like they had always been done, just because that had worked in the past; in fact, many companies took the extraordinary challenge as an opportunity to develop and improve processes.
“The judges noted that, despite the risk of falling into crisis mode and focusing solely on the immediate challenges facing their businesses, the winning companies were adept at maintaining a long-term view of where their organisations were going and a strong clarity of purpose on what the business was trying to achieve, and why.”
Nikki Canavan, Senior Director, Bank of Ireland Corporate Banking and judging panel member said:
“Over the last number of years the companies in the Best Managed Companies network have shown huge strength in the face of disruption and uncertainty. This year in particular – a year that tested Irish businesses like never before – the judges noted the commitment, bravery, resilience and tenacity of the applicant companies.”
The members of this year’s judging panel were Frank Ryan, Chair of the Judging Panel; Harry Goddard, CEO, Deloitte Ireland; Nikki Canavan, Senior Director, Bank of Ireland Corporate Banking; Kate Malone, Director of Human Resources, IMI; Feargal Mooney, Non-Executive Director, Meetingsbooker and Colm O'Reilly, CEO, The Business Post.
