PRLog - March 12, 2010 - DERRY, U.K. -- Singularity has been named as one of Ireland's 'Best Managed' companies in the Deloitte Best Managed Companies Awards. In total, twenty companies who demonstrated superior business performance were recognised at an awards gala dinner in the Burlington Hotel in Dublin, which was attended by the Taoiseach, Mr Brian Cowen T.D., on 5th March 2010.
Deloitte Best Managed Company Awards - March 2010
The Deloitte Best Managed Awards Programme, in association with Bank of Scotland (Ireland), recognises indigenous Irish companies across the island of Ireland which are operating at the highest levels of business performance.
The independent judging panel, chaired by Denis Brosnan, reviewed a broad range of criteria including strategy, capability, commitment, financials and growth potential across all key functions of the business. Given the turbulent economic environment, the judging panel recognised that business and management success can no longer simply be measured by increased sales, profit or turnover. For that reason, a holistic view of the companies, their performance in relation to their peers, and the industries that they are operating in was considered in order to determine management success.
Commenting on the award, Padraig Canavan, CEO, Singularity said: "We are delighted to win this award. It reaffirms our position as a thought leader with innovative products and good financial health in an ever-increasing competitive climate."
Commenting on the winners of the Deloitte Best Managed Companies Awards Programme, Pat Cullen, Managing Partner, Deloitte said: "To be recognised as a Best Managed Company is a tremendous achievement, given the challenges that companies in all industries are currently experiencing. Our judging panel takes an in-depth look at each company - therefore to be chosen as a winner is testament to the sound management practices that are being implemented across the entire business. It is this thorough approach that will help these companies to take advantage of the upturn when it arrives."
David Latto, Head of Corporate Banking, Bank of Scotland (Ireland), and judging panel member said: "The 20 winning companies are an inspiration for all Irish companies by managing to show great focus and dedication in what has been a difficult year. Bank of Scotland (Ireland) is very proud to be a part of recognising and supporting their achievements and we hope these companies will continue to flourish and succeed in the years ahead."
The Deloitte Best Managed Companies Awards Programme is open to companies from all 32 counties on the island of Ireland. It is the only awards programme that considers a business' performance from every perspective. Details of entry for the 2010/2011 awards will be issued in the coming weeks on www.deloittebestmanaged.ie.
The 'Best Managed' designation is an important marketing tool for the winning companies - but, perhaps most importantly, the awards provide a reason to celebrate the efforts of the entire company.
About Deloitte Best Managed Companies Awards
The Deloitte Best Managed Companies programme, in association with Bank of Scotland (Ireland), promotes and recognises excellence in Irish owned and managed companies. It is the only awards scheme on the island of Ireland that considers a business' performance from every perspective. Entrants to the programme compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
Programme sponsors include Bank of Scotland (Ireland), the Irish Management Institute and the Sunday Business Post. For further information, visit www.deloittebestmanaged.ie.
International History of Best Managed Companies Programme
The Best Managed Companies Programme originated in Canada in 1993, where it has been run successfully ever since and is the country's leading business awards programme. Ireland is the third country to run the programme following the launch of the awards in The Netherlands in 2007.
# # #
About Singularity Ltd
Singularity increases the performance and agility of business processes by rapid implementation of its industry-leading Business Process Management (BPM) products.
Singularity's mission is to populate the world with agile organizations. As the leading Business Process Agility specialist we today serve clients in over 30 countries from our offices in London, New York, Singapore, Ireland and India and through our network of partners globally. Acclaimed by leading industry experts, as the best in our field, we provide a unique combination of thought leadership and practical help that creates a new generation of successful organizations.
For more information, please visit http://www.singularitylive.com or http://www.singularity.co.uk