Nov 29, 2012
Waterstone Human Capital
Announcing Canada's 10 Most Admired Corporate Cultures of 2012

TORONTO, November 29, 2012 - Waterstone Human Capital, one of Canada’s leading retained executive search firms specializing in recruiting for fit, today announces the national winners of the Canada’s 10 Most Admired Corporate Cultures™ of 2012 program.

In 2012, ten organizations were recognized as national winners in each of the following four categories:

  • Enterprise (revenues above $500 million)
  • Mid-Market (revenues over $100 million to $500 million)
  • Growth & Small Cap (revenues under $100 million), and
  • Broader Public Sector

By category, and in alphabetical order, the winners are:

Canada’s 10 Most Admired Corporate Cultures of 2012 – Growth & Small Cap
Canada Goose Inc.
Eckler Ltd.
Frima Studio Inc.
Greystone Managed Investments Inc.
Harbour Air
Infusion Development
North Shore Credit Union
Rocky Mountain Soap Co. Inc.
Solium Capital Inc.
The Great Little Box Company

Canada’s 10 Most Admired Corporate Cultures of 2012 – Mid-Market
CBI Health Group
Eagle Professional Resources Inc.
Goodlife Fitness
Harry Rosen Inc.
Maple Leaf Sports & Entertainment Ltd.
Maxxam Analytics Inc.
Mr. Lube Canada Inc.
National Leasing
The Descartes Systems Group Inc.
Wakefield Canada

Canada’s 10 Most Admired Corporate Cultures of 2012 – Enterprise
Acklands-Grainger Inc.
Cineplex Entertainment
CN
LoyaltyOne
McDonald's Restaurants of Canada Limited
National Bank
PCL Constructors Inc.
TELUS
The ALDO Group
Wal-Mart Canada

"The performance of Canada’s 10 Most Admired Corporate Cultures of 2012, in terms of a three-year average revenue growth, has significantly outpaced the S&P/TSX 60 by over 500 per cent, or, five times," said David Kinley, the president of Waterstone Human Capital. "This year’s winners are truly an outstanding group of best-in-class organizations with cultures that have helped them enhance performance and sustain a competitive advantage. The 2012 winners are trailblazers, at the forefront of best practices in culture and fit in Canada."

“This is the most dynamic and diverse group we have seen in the program to-date”, said Marty Parker, the chairman and CEO of Waterstone Human Capital. “These organizations represent everything from large financial institutions to developing technology businesses to Canada’s best-known organizations in the public and private sector from coast to coast. By recognizing winning organizations in four categories, Canada’s 10 now more than ever is truly an all-encompassing national awards program, recognizing the impact of culture on performance in smaller, growing organizations to large enterprises, to the public sector, and everything in between. Canada’s 10 is truly a reflection of what kinds of organizations are driving our economy.”

Ten organizations were also recognized in the broader public sector.

Canada’s 10 Most Admired Corporate Cultures of 2012 – Broader Public Sector
Camp Oochigeas
Canada Mortgage and Housing Corporation (CMHC)
Humber College
McGill University
Medavie Blue Cross
Metrolinx
Mount Sinai Hospital
North York General Hospital
Plan Canada
Providence Health Care

“This award recognizes the importance of great workplaces, but more importantly – great workplaces where culture drives performance,” said Heather Connelly, the managing director of Waterstone’s broader public sector practice. “Culture is the one thing that distinguishes an organization, and in the broader public sector, with its multiple bottom lines and a necessity to forge results in ambiguity, a strong culture is essential for strong performance.

“The Canada’s 10 winners this year again represent what we in the executive search business at Waterstone have always known,” said Parker.  “Great people - who are the right fit – create great cultures, and great cultures create a competitive advantage that generates outstanding results, in both good times and in bad.”

Fast Facts – Canada’s 10 Most Admired Corporate Cultures:

  • This is the 8th year of the Canada’s 10 Most Admired Corporate Cultures program
  • Over 600 organizations were nominated.
  • 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 30-member Board of Governors, consisting of top executives from many leading organizations from across Canada, voted on the submissions in early November and chose 10 winners in each of the four categories.
  • Program winners will be celebrated at the 8th annual Canada’s 10 gala and summit, to be held on Monday, February 4th, 2013 at the Fairmont Royal York in Toronto.

Canada’s 10 Most Admired Corporate Cultures of 2012 Program Partners:

Founder and Presenter: Waterstone Human Capital
Brand, Technology and Marketing Partner: Design Lab
Media Partner: The National Post
Central Canada Partner: CIBC
Western Canada Partners: Agrium, Coast Capital Savings

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About Canada’s 10 Most Admired Corporate Cultures™: Canada’s 10 Most Admired Corporate Cultures (canadasmostadmired.com) is founded and presented by Waterstone Human Capital, a leading retained executive search firm specializing in recruiting for fit. This national program now in its eighth year annually recognizes best-in-class Canadian organizations for having a culture that has helped them enhance performance and sustain a competitive advantage. In 2012, ten organizations were recognized as national winners in each of the following four categories:

  • Enterprise (revenues above $500 million)
  • Mid-Market (revenues over $100 million to $500 million)
  • Growth & Small Cap (revenues under $100 million), and
  • Broader Public Sector

About Waterstone Human Capital: As one of Canada’s leading retained executive search firms specializing in recruiting for fit and in cultural assessment, Waterstone’s search partners are experts at assessing and articulating organizational culture. Helping clients find and keep great people is what Waterstone does best – great people that ‘fit’ the culture, and who ultimately drive organizational performance. www.waterstonehc.com Follow us at @waterstonehc

For more information: Jennifer Mondoux, Managing Director of Operations, Waterstone Human Capital, 416 408 4545 x273