Deloitte Best Managed Companies Awards

Tara Oil named as one of Ireland's 20 Best Managed Companies!

Tara Oil 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.

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 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."

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