Galvanize, a Diligent brand and the global leader in SaaS governance, risk, and compliance (GRC) software, has been recognized for overall business performance and sustained growth for the third year in a row with the prestigious Canada’s Best Managed Companies designation. The award is given in acknowledgment of the company’s leadership in strategy, capabilities and innovation, culture and commitment, and financials.
“To be a leader in business today means demonstrating innovative, world-class corporate practices and achieving sustainable growth,” said Dan Zitting, CEO at Galvanize. “After an incredible year of growth and major company milestones, we’re extremely proud to have been awarded this designation once again.”
Galvanize received the designation for its long-term approach to the company mission, leadership in the face of adversity, and meaningful commitment to its people and purpose. When 2020 delivered an unexpected turn with the onset of the COVID-19 pandemic, Galvanize doubled down on its one-year strategic plan, and on its vision of becoming the operating system for conscious organizations as well as the global leader for GRC software. By re-architecting company operations to focus on effectiveness, employee safety, and uninterrupted customer service, Galvanize was able to successfully navigate the business through the pandemic. To meet customers’ urgent needs, the company also responded with an array of product releases and enhancements, leading to its highest-ever profitability.
“This year’s Best Managed winners demonstrate the organizational grit required to thrive in these increasingly uncertain times,” said Peter Brown, Partner, Deloitte Private, and Co-Leader of Canada’s Best Managed Companies program. “By putting their people first, and showing the courage to experiment and take risks, they were able to overcome some of today’s most pressing challenges. This year’s winners were able to succeed because they weren’t afraid to fail.”
Applicants for Canada’s Best Managed Companies are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2021 Best Managed Companies share commonalities that include a clear purpose, vision, mission and strategy, strong corporate culture and legacy, and strong governance structures.
2021 winners will be honoured at a virtual Canada’s Best Managed Companies gala on May 6th.
Galvanize, a Diligent brand, is the leading provider of award-winning, cloud-based security, risk management, compliance, and audit software for some of the world’s largest organizations. The integrated HighBond platform provides visibility into risk, makes it easy to demonstrate compliance, and helps grow audit, risk, and compliance programs without incurring extra costs. More than 6,300 organizations in 130 countries rely on HighBond to meet their objectives, including many Fortune 1000 and S&P 500 companies, and hundreds of banks, manufacturers, and healthcare and government organizations. Whether managing threats, assessing risk, measuring controls, monitoring compliance, or expanding assurance coverage, HighBond automates manual tasks, blends organization-wide data, and broadcasts it in easy-to-share dashboards and reports.
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 four levels: 1) Best Managed new winner (one of the new winners selected each year); 2) Best Managed winner (award recipients that have reapplied and successfully retained their 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 retained their award for 4–6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
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