Absen’s headquarters in Shenzhen, China, has once again been recognized as one of the best-managed companies in Deloitte’s Best Managed Companies (BMC) program.
The BMC program is a global initiative that identifies and recognizes private companies with noteworthy management ideas and business performance. Key factors in the evaluation of a company’s management ability include strategy, capabilities, commitment and financial strength. This year, the selection criteria also considered resiliency towards the COVID-19 pandemic. Absen achieved the number-one global export position for the 11th consecutive year, and will next year celebrate its 20th anniversary.
Throughout 2020, Absen has continued to make updates to its management systems, IT systems and end-to-end processes with the goal of becoming a fully “customer-centric” organization. The company has also invested in talent development and corporate social responsibility practices.
Commenting on the award, CFO of Absen, Ashley Li, said: “The BMC Awards examines every facet of an organization and we are very proud that Absen fulfils all of the requirements. This prestigious award is a fantastic recognition for the overall success of Absen, based on the clear strategic direction and organizational structure, outstanding financial performance, strong risk management ability and inspiring corporate culture. This award will boost our confidence in continuing to improve our business management as well as our products and services.”
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