by NURUL SUHAIDI / pic credit: deloitte.com

DELOITTE’S global Best Managed Companies awards recognised four top privately-owned local companies with annual revenues exceeding USD25 million for their organisational excellence as well as contributions in their respective industries and the economy.

The winners for Best Managed companies this year were BIG Pharmacy Healthcare Sdn Bhd, MAMEE-Double Decker (M) Sdn Bhd, MR. D.I.Y. Group (M) Berhad and Sunway Berhad.

The inaugural winners were evaluated under four areas including strategy, capabilities and innovation, culture and commitment, as well as governance.

Yee Wing Peng, CEO of Deloitte Malaysia, during the opening remarks said these companies have shown resilience and sustained commitment to their purpose, despite navigating an extraordinary year.

He added that some emerging trends among winners include an increased focus on leadership, diversity and inclusion, digital transformation to enable efficiencies, and for many companies – a growing contribution towards community service.

Jordy Cao, General Manager, Alibaba Cloud Malaysia among the esteemed panelists commented, “Given digital transformation is key to business sustainability, the winners have constantly evolved and continued to drive the culture of innovation, preparing them to anticipate business disruptions, and enabling them to stay competitive in the global arena.”

“The criteria and value proposition of Best Managed are holistic and robust, serving as an excellent template for companies to future-proof themselves,” said Datuk Seri Dr. Michael Yam, Chairman, InvestKL Corporation being a jury for the award program.

Professor Datuk Dr. Asma Ismail, Ibn Sina Chair for Medicine, International Islamic University Malaysia, during the award ceremony said, The Malaysia Best Managed winners had what I call the W.O.W. factor (Worldclass – Outstanding qualities – Winning products). I hope the winners will continue to go beyond great, and make Malaysians proud.”

The winners were selected after undergoing a rigorous and independent process.

This involves having their business strategy and operations evaluated and compared to a global standard evaluation framework used by the 1,000-strong network of best-managed private enterprises around the world.

Speaking on their win, Lee Ming Chuen, CEO of BIG Pharmacy Healthcare Sdn Bhd said, this  award proves that we are on the right track with our vision – ensuring everyone will ‘Be In Good Health’.

“I am grateful to my team for this award, and I hope it motivates us to achieve even greater heights, making BIG Pharmacy, BIG!, “he said. 

Pierre Pang, Group Executive Director, MAMEE-Double Decker (M) Sdn Bhd, said the team are truly honoured to be recognised as one of Malaysia’s Best Managed Companies.

“This win is only possible with the continued support of our greatest asset – the Monstar team. The key to our success is our 4Is – Integrity, Intensity, Involvement, and Innovation,” Pierre Pang said.

Meanwhile, Adrian Ong, CEO, MR. D.I.Y. Group (M) Berhad said, the award inspires the company to continuously find new and exciting ways to bring our promise of ‘Always Low Prices’.

“We are delighted to receive this award, achieved through the untiring efforts of the MR DIY team and the unwavering support of our loyal customers,” he said.

Representing the sector of real estate, education, retail, health care, and hospitality Sunway Group also enlisted as one of the augural winners exhibiting strong performance as a leader in their respective industries.

Evan Cheah, Group CEO, Digital & Strategic Investments, Sunway Group said, this award is testament to Sunway Group’s commitment and sustainability-driven strategies, demonstrating our resilience as well as ability to respond, reinvent, and recover from the unprecedented challenges.