Barbados and the Eastern Caribbean's Best Managed Companies 2025
Deloitte aims to provide the needed insight to company decisions and give greater perspective from similar counterparts across the globe.
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/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 assessors, the annual designation of “Best Managed Company”.
It’s not simply a competition but a program that involves coaching from industry experts, 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.
How does it work?
Best Managed Companies exhibit a number of common attributes enabling sustained growth. Applicants are coached and evaluated against four value drivers to determine whether they qualify as a Best Managed Company.
Applicants receive hands-on business management coaching and submit a final application, which is judged by an independent panel of judges and winners are selected and celebrated. Winners gain access to the business symposium and year-long networking opportunities regionally and globally.
The application process
Hear from our previous winner - About Armstrong Agencies Ltd.
Armstrong Agencies Ltd. has been operating for over 29 years as a renowned and reliable importer, distributor and marketer of internationally recognized brands.
Our family-owned company has developed longstanding partnerships with retailers, suppliers and employees, and has established a well-respected and valued footprint in Barbados. Our primary goals are:
- To be a great place to work by developing and equipping our team to attract the best talent, that stay. Encouraging ethical work practices throughout the supply chain.
- To benefit our community, our country and the world by committing to a high standard of environmental practices and reducing our carbon footprint.
- Enabling retailers to become more efficient and profitable which in turn grows Armstrong Agencies’ reputation and profitability.
We maintain a clear focus on operational efficiencies and assess every aspect of our business to determine how we could do better for our team, our customers, and our suppliers. We consistently strive to build customer loyalty, improve our financial performance and more importantly, make our company operations sustainable.
We are conducting business that provides long-term value for all of our stakeholders, without producing any negative effects on our environment and society. Over the last few years, there has been a concerted effort on our part to reduce our carbon footprint and embrace alternative energy technologies, which we intend to expand on.
