An internationally-recognised program, Best Managed evaluates businesses based on four pillars - strategy, quality of management, capabilities and innovation, culture and commitment, as well as governance and financials. Launched in Malaysia in 2021, the evaluation of the awards is based on more than 25 years of observed practice from the global awards program in more than 48 countries worldwide.
“The Best Managed Companies program is designed to inspire, celebrate, and build a global ecosystem of exceptional private businesses. The program is the preeminent mark of their business excellence and a source of genuine pride for Malaysian owned and managed businesses. It’s wonderful to recognise and celebrate these outstanding local companies, and to support them on the journey to become regional and global champions. Congratulations to these outstanding Best Managed companies,” Chee Pei Pei, Deloitte Private Leader, Malaysia
Entrants to the program compete for this prestigious designation in a rigorous and independent process that evaluates their management skills and practices. This includes having their business strategy and operations analysed, benchmarking them against a global standard evaluation framework, that is applied across the 1,200-strong community of best managed companies worldwide. Business leaders then use the process to sharpen strategies and derive valuable insights to help them refine their strategies and operations, optimising business growth.
We are extremely proud and grateful to have won the Best Managed Company award from Deloitte for 2022. Winning it in 2021 was an extremely proud moment for us but to win it back-to-back is truly amazing and humbling. I would like to congratulate and thank all Monstars who have worked tirelessly and bravely through the challenges that the pandemic and war has brought upon us. Onwards and Upwards! The best is yet to be! - Pierre Pang, Group CEO of MAMEE-Double Decker