The 2006 winners of Canada's 50 Best Managed Companies award, announced today, achieved some of the strongest financial results since the program's inception 14 years ago — boasting consolidated sales of $8.3 billion and combined two-year sales growth of 31%, and collectively accounting for more than 45,000 employees throughout Canada.
This year's Best Managed Companies dealt with evolving challenges, including the continued fight to find the right employees, with 47% citing the talent shortage to be the most critical business challenge in building the value of their companies.
"This year's Best Managed Companies have achieved phenomenal financial performance — but it's not just about cash generation for them. The real driving force behind the success of these exceptional companies is a collective sense of accomplishment in achieving a vision and defining their own destiny," commented John Hughes, Deloitte Partner, and national leader of the Best Managed program. "These winning companies have an exceptional ability to remain focused on their long-term strategy while being responsive to the evolving business environment and challenges."
See full Press Release.
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