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Lakeside named one of Canada’s Best Managed Companies for 18th Consecutive Year

 

Posted: March 26, 2020

 

Lakeside Process Controls (Lakeside) was recognized with the prestigious Canada’s Best Managed Companies designation for overall business performance and sustained growth. This program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, and TMX Group. This is Lakeside’s 18th year receiving this designation, which enables Lakeside to continue its membership of Canada’s Best Managed Platinum Club.

The 2020 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues of over $25 million. These companies demonstrate investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition.

Now in its 27th year, Canada’s Best Managed Companies remains one of the country’s leading business award programs recognizing privately held Canadian companies for premier business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. Best Managed companies share commonalities that include (but are not limited to) a clear and concise strategy, capability to invest in R&D, tools and proprietary equipment, and a strong emphasis on corporate social responsibility.

“Lakeside’s success has been created by the creativity and passion of its employees. We take pride in fostering an employee-first organization that continuously strives for excellence and implements industry-leading business practices,” said Greg Houston, President of Lakeside. “Furthermore, the ability of our employees to build and maintain strong business relationships with customers helps us to remain a trusted partner in our industry.”

“It is a pleasure to recognize Canada’s Best Managed Platinum companies who have consistently raised the bar on what it means to succeed today and in the future,” said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. “They set the highest of standards when it comes to best-in-class customer service, a highly engaged and diverse workforce, and being able to give back to the communities in which they live and work.”
“While Canada’s Best Managed Companies recognize uncertainty on the economic horizon, their focus hasn’t wavered and they haven’t been discouraged; they are relentlessly focused on growing their business to new heights and investing in the future,” said Peter Brown, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “The contribution these companies provide to Canada cannot be overstated.”

 

About Lakeside Process Controls
Lakeside is a member of the Emerson Impact Partner Network and the exclusive sales and service channel for Emerson technologies in Central Canada. As a market leader, we provide complete automation solutions to a wide range of industries, optimizing process efficiency, ensuring reliability and uptime, while maintaining a high standard of safety and customer satisfaction. Lakeside operates across eight facilities in Canada – Mississauga, Winnipeg, Sudbury, Thunder Bay, Port Elgin, Guelph and two locations in Sarnia.

 

About Canada’s Best Managed Companies
Canada’s Best Managed Companies continue to be the mark of excellence for Canadian-owned and managed companies with revenues over $25 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. Program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.

 

For more information, visit www.bestmanagedcompanies.ca

 

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