Six leading Australian private businesses have been recognized for their outstanding achievements in the 2024 Deloitte Best Managed Companies awards. The annual program, now in its fifth year in Australia, highlights businesses that demonstrate innovation, resilience, and significant contributions to the national economy.
Run in partnership with Google Cloud, the awards celebrate companies excelling across key strategic areas, including culture, governance, innovation, and financial performance. Winners undergo a rigorous evaluation by an independent judging panel, benchmarking them against over 1,700 global top-performing private enterprises.
Recognizing Excellence in Australian Business
The 2024 Best Managed Companies awards encourage winners to participate annually to maintain their status and strive for continuous improvement. This year’s honorees include Kinetic IT, achieving gold standard recognition as a four-time winner, alongside return winners Incat Tasmania, QBD Books, and Talent.
Natalie Faull, Deloitte Private Leader for Australia and Asia Pacific, expressed pride in the program’s ability to support and recognize private companies that embody resilience and forward-thinking leadership.
“We are excited to celebrate Australia’s best private businesses for a fifth year. These winners showcase innovative qualities, sustainable growth, and operational excellence, setting benchmarks for success,” said Faull.
She highlighted the winners’ agility in adapting to economic uncertainties and their strategic investments in digital transformation, particularly in artificial intelligence (AI). These advancements enhance efficiency, ensuring they remain competitive in an evolving market.
Commitment to Sustainability and Workforce Wellbeing
A common theme among this year’s winners is their dedication to sustainable growth. Companies actively manage their environmental impact and prioritize employee wellbeing, fostering a positive workplace culture.
Faull acknowledged the continued support of Google Cloud in driving business excellence.
“Google Cloud plays a crucial role in the Best Managed Companies program, providing valuable expertise and advocating for innovation,” she noted.
2024 Deloitte Best Managed Companies – Winner Profiles
The awarded businesses represent a diverse range of industries, demonstrating excellence in their respective fields:
- BizCover – A leading online platform simplifying business insurance comparisons and purchases in Australia.
- Craig Mostyn Group – A top-tier agribusiness company supplying food products domestically and internationally.
- Incat Tasmania – A global leader in lightweight ship solutions for ferry operators, special services, and defense organizations.
- Kinetic IT – A technology integrator delivering cutting-edge IT solutions and cybersecurity services.
- QBD Books – The largest Australian-owned and operated book retailer, established in the late 1800s.
- Talent – A digital and technology recruitment specialist shaping the future of work worldwide.
About the Deloitte Best Managed Companies Program
Launched in Canada in 1993, the Best Managed Companies program has become a prestigious global business award, operating in 46 countries across the Americas, Europe, and Australasia. It has recently expanded into the UK and Africa, further strengthening its influence.
Winners receive exclusive access to business coaching, networking events, and promotional opportunities over an eight-month period. The selection process involves a panel of independent judges and industry experts, ensuring credibility and high standards.
As Australia’s private business sector continues to evolve, programs like Deloitte’s Best Managed Companies play a crucial role in recognizing and fostering excellence.
