Introducing Barbados & the EC's Best Managed Companies Program – Are you BEST MANAGED?
Barbados & the Eastern Caribbean's ‘Best Managed Companies Program” is a competition to recognize the overall success of strong privately owned companies based on a proven Deloitte framework, reviewing four dimensions: strategic direction, ability to execute, corporate culture, and financial performance.
Overview of the Best Managed Companies Program
In a period of intense competition from regional and international players, the local privately owned company needs to ensure longterm success, through efficiency, sound planning & decision making.
The private sector and privately owned companies form the foundation and key to growth of the Barbados and the Eastern Caribbean business landscape. These companies compete with the best in the world, to be adaptable and sustainable in an evolving global market.
The Best Managed Companies program enables companies to be recognized and awarded by independent accessors, the annual designation of “Best Managed Company”.
It’s not simply a competition but a program that involves coaching from Deloitte & CIBC FirstCaribbean coaches, informing on key components and guidelines for implementation against the Deloitte framework. The program is currently in forty-two countries worldwide. Company winners in the Caribbean are recognized as peers with other global winners.
“What we aspire to do is build a network of the very best private companies in Barbados and the Eastern Caribbean (EC) with expansion into the Caribbean and connect that network to the very best private companies worldwide."
There is fame in recognition and winning an award but Barbados & the Eastern Caibbean's Best Managed Companies offers unique opportunities.
Benefits to participating:
A unique program recognized locally and globally, Best Managed Companies: