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Musgrave Group has been named as one of Ireland’s ‘Best Managed’ companies in the Deloitte Best Managed Companies Awards. In total, 25 companies were recognised at an awards Gala dinner in the Ritz Carlton, Powerscourt, which was attended by President McAleese, on 27 February 2009.

Musgrave was singled out to receive a special accolade for exceptional performance in commitment to developing talent within their organisation.

A place on their Masters of Business programme, worth in excess of EUR38,000, was provided by the Irish Management Institute (IMI) to Musgrave.

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. It is the only awards programme that considers companies from every perspective including strategy, capability, commitment, financials and growth potential across all key functions of the business.

Pat Cullen, Managing Partner, Deloitte commented: “The tremendous success of the winning companies is an inspiration for all Irish companies. We are delighted to be able to recognise these strong business leaders of the future, who embody the immense talent across the island of Ireland.” 

Paul Cunningham, Head of Banking, Bank of Scotland (Ireland) and judging panel member said: “The 25 Best Managed Companies have shown great focus and dedication in what has been a difficult year for us all. 2009 will be just as tough for business, but, the strong management capability which these companies have already demonstrated, means they will be well positioned to trade through this challenging cycle. 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 theme of this year’s awards ceremony was ‘A Tribute to Talent’. Given the changing business environment over the past year and the ensuing challenges that the winners have had to overcome through sound management practices, these companies further reinforce the strength of the talent that is present in Ireland.

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 2009 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.

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