Best Managed Companies was launched in Ireland in 2008. The awards programme celebrates companies who demonstrate strong business performance. Year on year the programme continues to grow and has assessed some of the world’s strongest and best-known brands in the industry. The awards are centered on the indicators of growth performance and strategy, with an expert panel examining all companies under four main pillars: Strategy, Capability, Commitment and Financial performance.
In 2020, 97 companies requalified to maintain their status as a Best Managed company in Ireland and were part of a network of 130 Best Managed companies. The Best Managed Companies network has a total turnover of over 11 billion euro and directly employs over 40,000 people. Commenting on LotusWorks’ successful recognition once again, Finance Director Gerard Sproule said: “This award is welcomed and is testament to our management team’s continued focus on strategy delivery. We are working hard to drive growth, evolve our company’s culture and are seeing steady progress so it’s nice to be externally recognised for the commitment. We thank Deloitte and appreciate the opportunity that being a best-managed company presents to us. It allows us to network, learn and share ideas with great organisations across Ireland. We are proud of the LotusWorks team and what we’re achieving together, long may it continue.”
Leaders in the engineering and technical services delivery, LotusWorks celebrated 30 years’ in business in 2019. The company has grown by 25% and employs 460+ staff internationally and focus is on the BioPharma, Medical technology, Semi-conductor, and Datacenter sectors.