The Deloitte Best Managed Companies Awards Programme recognises indigenous Irish companies across the island of Ireland which are operating at the highest levels of business performance. The programme seeks to identify best managed companies through a valuation process that extends far beyond financial results. The programme is unique in that it recognises the efforts of the entire organisation, not just one individual.

Michael Barry, Managing Director of Barry & Fitzwilliam, in accepting the award on behalf of his colleagues, stated:
‘With over 100 premium international brands, 70 staff and an anticipated turnover of 72M in 2011, we are always adding to our portfolio in order to enhance our reputation as a key player in the industry. This award copper fastens our reputation as a serious player in our market sector and this is really important to us and to our loyal staff. Our brands include Corona Extra,Jagermeister, Tia Maria, Harveys, Cockburns, Jim Beam,Teachers, Famous Grouse, McGuigan, Hardy’s, Paul Masson, Michel Lynch, MontGras and several others and we are continually adding to our offering, exploring new markets and new products.’

When asked what, in his opinion, constituted a ‘Best Managed’ company, Michael Barry told us:
‘Personal relationships are the cornerstone of our business. It is the tide of team-spirit that urges people to drive on to success, and this is very evident in our company. Trusting relationships across the board are crucial, and while our management team and I are facilitators in driving the business, it is the team on the warehouse floor, in administration, distribution and merchandising, that provide the crucial efficient and timely backup that makes our company a success. Ultimately, it’s our fantastic sales and marketing team that ensure our range of products are out there on the shelves and they are empowered to be entrepreneurial in their approach to business and clients welcome that flexibility. Relationships with our brand owners are also key to our success. Our experience, integrity and ability to deliver the numbers are vital. We are optimistic for the future. Personally, I feel that optimism is the only way to go in life, and it’s amazing how a positive attitude engenders confidence!’

He added: ‘Managing a company requires careful planning. Planning is essential in developing a firm’s potential, ensuring that long-range visions as well as short-term goals are achieved. I believe that business owners should look to the talents and leadership skills within their organisations and allocate responsibility in the planning and decision-making processes. Open and effective communications play an integral role in managing and operating any successful business. With open communications, changes and their effects on the organization are quickly shared, allowing time to respond and take advantage of evolving opportunities.’

Mr. Barry concluded: ‘Good time management, an ability to be decisive, and clearly defined roles and goals within the organisation are essential. Business today often demands compressed timelines and delivery dates which make extraordinary demands on people. We try to uphold an effective management structure that can channel the productive capacity of our colleagues towards business growth and profits.’
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For further information please call:
Mary Hopkins
Hopkins Communications Cork Ireland
00 353 21 4272200; 00 87 2540804;
mary@hopkinscommunications.ie