Coinciding with its 25th anniversary, Cofomo was named a new winner in the 2020 Canada’s Best Managed Companies program.
Montreal, Quebec – March 5, 2020 – We are very proud to announce that Cofomo was recognized for overall business performance and sustained growth with the prestigious 2020 Canada’s Best Managed Companies designation.
This program recognizes the best-in-class of Canadian owned and managed companies with revenues over $25 million demonstrating investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition.
Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
“Throughout the program’s 27-year history, thousands of private companies have competed for this designation,” said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “This year’s winners have proven that they are continually and deliberately pushing boundaries; they are competitive about their place on the world stage. This is evident in their unwavering commitment to clear and concise strategies, their capability to clearly prove and articulate their sustained competitive advantage, and their commitment to the lifeblood of their organization: their people, with specific focus on developing next gen leaders.”
In 2019, Cofomo was ranked the top private consulting firm in its industry and snagged 83rd place in Les Affaires magazine’s ranking of Quebec’s most important companies. Having posted organic growth of 27,600% (or average annual growth of 35%) since 2000, Cofomo is now the leading private company in its industry in Quebec.
Central to Cofomo’s success is its ability to consistently innovate while focusing on two areas: developments in information technology (IT) and the continuous improvement of internal processes.
Agility and innovation are key elements for the company in ensuring the success of its clients’ digital transformation projects. Since it was founded, Cofomo has focused on continuous improvement and IT market analysis with the goal of consistently offering relevant services. This vision is aptly reflected in a phrase that Régis Desjardins, the company’s president, likes to repeat to his teams: “It’s better to make imperfect progress than stay stuck in the past.”