Category: business
Updated: 20/03/18 : 07:11:55

LotusWorks announced one of Irelands best managed companies

Members of the LotusWorks Management team pictured at the Deloitte Bes Managed companies awards
LotusWorks has been named as one of Ireland’s Best Managed companies in the Deloitte Best Managed Companies Awards programme.

The company, which demonstrated superior business performance, was recognised at an awards gala dinner in Dublin on 15 March 2018. The Deloitte Best Managed Companies Awards programme is celebrating ten years of recognising management excellence.

22 new companies join a requalifying network of more than 100 companies, built over a decade of the programme. The awards, in association with Bank of Ireland, culminated with the Best Managed Companies Awards symposium and gala, which was attended by over 1,000 people from the Irish business community.

Conducted by Deloitte, the process involved an in-depth two phase assessment of Sligo based LotusWorks’ business strategy. The company was assessed on its ability to develop strategy, demonstrate corporate strengths, excel in their marketplace, retain top talent and manage business risks. LotusWorks, is the only new company to make the list from the NorthWest region in 2018.

Commenting on the company’s most recent achievement, Fergal Broder, CEO, LotusWorks said, “This recognition is special and different, because it acknowledges the expertise of our management team and is completely independent. We’re delighted to be taking a place with the best managed businesses in Ireland. We have made outstanding business progress in the past three years as a company and we’re continuing to experience substantial growth. I am delighted to work with this team and we are very proud of this achievement for LotusWorks- thanks to the teams nationwide and in the US and of course our customers”.

Members of the management team within LotusWorks all have over a decade’s experience working for the company and have clear and deep understanding about how best to do business. The Deloitte Best managed is a recognition for companies that have demonstrated consistent growth and Deloitte evaluate company evidence that ensure that growth is the result of a well thought through strategy.
Founded in 1989, LotusWorks was set up by CEO Fergal Broder and employed just three people, at that time. The company now employees over 500 staff between Ireland and its US operations.

Servicing the Biopharma, Medical Device, Datacentre and Semiconductor industry, LotusWorks is no stranger to big name clients and works with some of the world’s best known manufacturers.
The Deloitte Best Managed awards, took place Thursday, March 15th and included a day-time Symposium which is exclusively hosted for CEOs and management teams from the Deloitte Best Managed network and features a host of business educators, thought leaders and guest speakers.

The Symposium was followed by the Gala Awards that evening which celebrated the achievement of all 2018 winning companies including new winners, LotusWorks,  and companies who have requalified for the Award including Gold Standard winners (receiving the award for the fourth time) and Platinum Club winners (receiving the award for the seventh time).