The performance of Canada’s 10 Most Admired Corporate Cultures of 2010, in terms of a three-year compound annual growth rate, has significantly outpaced the S&P/TSX 60 by an average of nearly 600 per cent – or, six times.
TORONTO, November 18th, 2010 - Waterstone Human Capital, a leading executive search and professional recruitment firm, today announces the national winners of the Canada’s 10 Most Admired Corporate Cultures of 2010 program.
Canada’s 10 Most Admired Corporate Cultures of 2010, in alphabetical order, are:
Aeroplan Canada Inc. (Montreal, QC)
Blinds To Go Inc. (Montreal, QC)
Canadian Western Bank (Edmonton, AB)
Desjardins Group (Lévis, QC)
Discount Car and Truck Rentals (Toronto, ON)
Flight Centre (Vancouver, BC)
HOOPP – Healthcare of Ontario Pension Plan (Toronto, ON)
Maple Leaf Foods (Toronto, ON)
Procter & Gamble Canada (Toronto, ON)
The Home Depot Canada (Toronto, ON)
In addition, two organizations were chosen in special categories:
Special Category National Award – Best Emerging Organization:
Clearly Contacts (Vancouver, BC)
Special Category National Award – Broader Public Sector:
The Princess Margaret Hospital Foundation (Toronto, ON)
“This year’s winners are truly outstanding – 12 unique and vibrant, high-performance organizations,” says Marty Parker, the president and CEO of Waterstone Human Capital; the founders and presenters of the program. “They each exemplify something we at Waterstone have always known: that great people create great cultures, and great cultures create a competitive advantage that generates outstanding results – in both good times and bad.”
Fast Facts – Canada’s 10 Most Admired Corporate Cultures:
• This is the 6th year of the Canada’s 10 Most Admired Corporate Cultures program, and the first year the regional qualification element has been included.
• The competition was even tougher than in 2009, which in and of itself was a record-setting year for Canada’s 10 in terms of nominations and submissions.
• This year nearly 400 organizations were nominated, and there was a 30 per cent increase over 2009 in terms of the number of organizations proceeding with a formal submission to the program.
• In-person interviews were held this past summer, across the country, between Waterstone Human Capital and senior executives from the submitting organizations.
• The program’s 24-member Board of Governors, consisting of top executives from many leading organizations from across Canada, voted on the submissions and chose 10 winners in three different regions (West, Central, as well as Quebec & Atlantic Canada), as well as six special category regional winners, at the end of September.
• Canada’s 10 Most Admired Corporate Cultures’ Board of Governors reconvened for the national vote on Monday, November 8th.
• Canada’s 10 Most Admired Corporate Cultures of 2010 will be celebrated at the 6th annual gala, to be held on February 7th, 2011, in Toronto.
“This award recognizes the importance of great workplaces, but more importantly – great workplaces where culture impacts performance,” says Parker. “Culture is a strategic competitive advantage – we are convinced it is the single greatest asset an organization can have.”
About Canada’s 10 Most Admired Corporate Cultures™: Since 2005, the Canada’s 10 Most Admired Corporate Cultures™ program has recognized leading Canadian organizations for having a culture that has helped them enhance performance and sustain a competitive advantage. This popular program begins in the spring of each year with the Canadian Corporate Culture Study™ and culminates in regional and national awards events. Canada’s 10 Most Admired Corporate Cultures ™ is founded and presented by Waterstone Human Capital, a leading professional recruitment, executive search and human resource consulting services firm based in Toronto. www.canadasmostadmired.com
For more information: Jennifer Mondoux, Director of Marketing and Communications, Waterstone Human Capital, 416 408 4545 x273
Canada’s 10 Most Admired Corporate Cultures of 2010 Program Partners:
Founders and Presenters: Waterstone Human Capital
Rewards and Recognition Partner: I Love Rewards Inc.
Media Partner: The National Post
Travel Partner: WestJet
Western Canadian Partner: The Fairmont Pacific Rim
