March 2017: AWARD – Cowater International Recognized as One of Canada’s Best Managed Companies
March 9, 2017 – Cowater is delighted to announce it has been awarded the prestigious Best Managed Companies designation. The 2017 Best Managed program recognizes the best-in-class of Canadian-owned and managed companies from coast-to-coast with revenues of over $15 million and who demonstrate an integrated strategy, capability and commitment to achieve sustainable growth.
“It’s much more than financial performance,” said Lorrie King, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program. “The ingredients to success also include overall business performance and sustained growth. It takes dedication and commitment from the entire organization.”
Cowater International Inc. was selected as an honouree in recognition of its unwavering pursuit of excellence and innovation in all areas of its business, and management’s overall commitment to its employees, consultants, clients and stakeholders. Cowater’s management team places strong emphasis on quality leadership, the professional development of its employees, and continued investment in technology and innovation to drive and maintain Cowater as a world leader in the advancement of transitional and developing countries globally. It is Cowater’s sound business planning, strict ethics, and solid execution that enables the company to adapt to changing markets while continuously delivering high value services to its clients.
Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Winners are an important engine of economic growth for being adaptable and sustainable in a global market. Applicants are evaluated by an independent judging panel made up of judges from Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. Best Managed Companies share commonalities that include an emphasis on culture and people, innovation, sustained performance and strong results.
“I am deeply proud of the entire Cowater family. It is the hard work and dedication of all our employees that has allowed Cowater to continuously deliver high quality projects to our clients, to succeed in our business, and to be recognized for this prestigious award,” said David Baron, CEO of Cowater International. “As a proud Canadian organization, Cowater prides itself on a culture of excellence, innovation and value creation for our stakeholders. These key ideals have allowed us to achieve growth and continuously raise the bar in an increasingly competitive environment. It is a true honour to be part of such a wonderful team.”
“CIBC is thrilled to congratulate Cowater International Inc. on being named one of Canada’s Best Managed Companies, recognizing its excellence in leadership, business performance and innovation,” said Jon Hountalas, Executive Vice President, Business and Corporate Banking, CIBC. “As a sponsor of Canada’s Best Managed Companies program for over 20 years, CIBC is proud to celebrate private companies like Cowater International Inc. as leaders in their industry.”
2017 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 19, 2017. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million (CAD). Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have completed this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review; 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years; 4) Platinum Club member (winners that have maintained their Best managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For Further information, visit www.bestmanagedcompanies.ca.