REDCO has requalified as one of Ireland’s ‘Best Managed’ companies in the Deloitte Best Managed Companies Awards Programme. REDCO was first recognised as a Best Managed Company last year, 2011. The company, which demonstrated superior business performance for a second year running, was recognised at a gala awards dinner in the Burlington Hotel in Dublin on 2 March 2012. Minister for Jobs, Enterprise and Innovation, Richard Bruton TD was special guest speaker at the event.
The Deloitte Best Managed Companies Awards Programme, in association with Irish Life Corporate Business, recognises indigenous Irish companies across the island of Ireland which are operating at the highest levels of business performance.
Commenting on the award, Robert Galbraith, REDCO’s Chairman said: “This is the only award scheme on the island of Ireland that considers a business’ performance from every perspective, and evaluates the calibre of management abilities and practices. REDCO are delighted to requalify as a ‘Best Managed’ company for the second year running, it is a great achievement for all Staff and gives recognition to their continuous hard work, dedication and high levels of execution and standards.”
Brendan Jennings, Managing Partner, Deloitte and judging panel member commented: “Huge congratulations must go to all the winners of this year’s programme. The judging panel were extremely impressed with the innovative strategies that are being adopted by Irish management teams. From diversification strategies to a particular focus on foreign expansion and overseas markets, Irish companies are exploiting new and exciting opportunities to ensure growth in their companies.”
“What’s more, it is really encouraging that after four years of the programme, we are now seeing a strong network of Best Managed Companies emerge. The contacts and relationships that are formed as a result of the networking opportunities that the programme facilitates have proved extremely valuable, and is a real added benefit of taking part in the programme.”
Winners of the awards can apply to requalify as a Deloitte Best Managed Company for two consecutive years, following receipt of the award. Companies applying for requalification must satisfy the programme eligibility criteria and go through a requalification review process in order to ensure that they continue to uphold the standard of a Deloitte Best Managed Company.
David Harney, CEO, Irish Life Corporate Business, and fellow judging panel member said: “Ireland’s best natural resource is still our people and as a country we have a huge demographic advantage particularly over our European neighbours. Best in class management of our companies is key to capitalising on this resource. Seeing the progress of companies in this programme would make one very optimistic about the future.”
The Deloitte Best Managed Companies Awards Programme is open to companies from all 32 counties on the island of Ireland. It is the only awards programme that considers a business’ performance from every perspective. Details of entry for the 2013 awards will be issued in the coming weeks on www.deloittebestmanaged.ie.
The ’Best Managed’ designation is an important marketing tool for the winning companies – but, perhaps most importantly, the award provides a reason to celebrate the efforts of the entire company.
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About Deloitte Best Managed Companies Awards
The Deloitte Best Managed Companies Programme, in association with Irish Life Corporate Business, promotes and recognises excellence in Irish owned and managed companies. It is the only awards scheme on the island of Ireland that considers a business’ performance from every perspective. Entrants to the programme will compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
Programme sponsors are Irish Life Corporate Business, the Irish Management Institute and the Sunday Business Post.
For further information, visit www.deloittebestmanaged.ie.
International History of Best Managed Companies Programme
The Best Managed Companies Programme originated in Canada in 1993, where it has been run successfully ever since and is the country’s leading business awards programme. In addition to Ireland and Canada, the programme is also run in The Netherlands and Mexico.