TORONTO, March 9, 2017 /CNW/ – IndustryBuilt was honoured with the prestigious Canada's Best Managed Companies designation. The 2017 Best Managed program recognizes the best-in-class of Canadian-owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.
"It's much more than just financial performance," said Peter Brown, Partner, Deloitte and Co-Leader, Canada's Best Managed Companies program. "The ingredients to success also include overall business performance and sustained growth. It takes dedication and commitment from the entire organization."
As one of the new winners, IndustryBuilt's robust Vision, Mission and Values program, and collaborative approach to business led to this award. IndustryBuilt is one of Canada's Best Managed companies in a number of ways, not least of which thanks to its weekly employee scrums, an annual kickoff held for all employees across North America and an annual leadership conference which allows cross functional teams to tackle solving key business challenges and bring new ideas to the senior leadership team, which then get rolled up into the annual operating planning process. A detailed business planning process includes quarterly business reviews and an annual operating plan process that is fully transparent and collaborative. IndustryBuilt's award winning culture, corporate growth and low turnover are evidence that these programs are a success.
Established in 1993, Canada's Best Managed Companies is one of the country's leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Winners are an important engine of economic growth for being adaptable and sustainable in a global market. Applicants are evaluated by an independent judging panel made up of judges from Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. Best Managed companies share commonalities that include an emphasis on culture and people, innovation, sustained performance and strong financial results.
"We are humbled and pleased to be recognized by Deloitte as one of Canada's Best Managed Companies" said David Pilz, CEO of IndustryBuilt. "It is a remarkable achievement to receive this award in our first year of applying and is a testament to the work our team puts in every day and was made possible by our exceptional people and valued customers."
"CIBC is thrilled to congratulate IndustryBuilt on being named one of Canada's Best Managed Companies, recognizing its excellence in leadership, business performance and innovation," said Jon Hountalas, Executive Vice President, Business and Corporate Banking, CIBC. "As a sponsor of Canada's Best Managed Companies program for over 20 years, CIBC is proud to celebrate private companies like IndustryBuilt as leaders in their industry."
2017 winners of the Canada's Best Managed Companies award will be honoured at the annual Canada's Best Managed Companies gala in Toronto on April 19, 2017. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today's business leaders.
The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums.
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada's Best Managed Companies new winner (one of the new winners selected each year); 2) Canada's Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (Winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For further information, www.bestmanagedcompanies.ca
IndustryBuilt is the creator of JustFood and EquipSoft ERP software. Our ambition is to improve our customers' ability to make, distribute and service their offerings. Our products take the complexity out of the equation for our customers, simplifying ERP while delivering solutions that were purpose built for the industries we serve. Our proven team, technology and methodology have resulted in hundreds of successful implementations across North America. Learn more at www.industrybuilt.com.
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Media Contact: Christina Wild, Marketing Specialist, IndustryBuilt, (905)267-5195, email@example.com