RICHMOND, B.C. (March 14, 2017) – OpenRoad Auto Group has been honoured with a Gold standard requalification as part Canada’s Best Managed Companies program for the fifth year in a row. The 2017 Canada’s Best Managed Companies program recognizes the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.
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 executives 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 financial results.
“It’s more than just financial performance,” said Peter Brown, 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.”
OpenRoad Auto Group continues to demonstrate leadership in the areas of growth, profitability, and innovation as B.C.’s largest volume dealership group by employing new technologies and programs that improve the overall customer experience and maintain one of the highest employee retention rates in the industry. In the past year, OpenRoad has opened three new dealerships including OpenRoad Volkswagen, OpenRoad Audi Boundary and OpenRoad Hyundai Boundary, in addition to acquiring Bentley, Lamborghini and Rolls-Royce in Bellevue, Washington.
“It is a great honour to receive this prestigious gold standard designation once again,” said Christian Chia, President and CEO of OpenRoad Auto Group. “It’s validating to be recognized for the continued efforts of our entire team to ensure that we remain one of the premier dealership groups in Canada.”
2017 winners of the Canada’s Best Managed Companies award, along with Requalified, Gold Standard, Gold Requalified winners and Platinum Club members 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.
A complete list of Best Managed winners, Requalified winners, Gold Standard winners, Gold Standard requalified winners and Platinum Club winners is available at www.bestmanagedcompanies.ca
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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. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on five levels: 1) Best Managed winner (one of the new winners selected each year); 2) Requalified member (repeat winners retain the 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 reapplied for the designation); 4) Gold Requalified member (Gold Standard winners may requalify for two additional years, subject to annual operational and financial review); 5) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
About OpenRoad Auto Group
OpenRoad Auto Group is B.C.’s largest automotive dealership group with over 900 associates representing 17 quality automotive brands at 20 full-service car dealerships. Established In 2000, OpenRoad Auto Group offers car buyers and owners an experiential automotive retail service. With sales and service in multiple languages, OpenRoad Auto Group encourages a car buying experience based on openness, participation and expertise. OpenRoad is proud to be one of Canada’s Best Managed Companies, a CADA Laureate, and the recipient of multiple Canadian Best Employer Awards. openroadautogroup.com