grow their business. The program outlines a
        
        
          recipe of success for companies of all scopes,
        
        
          and Hughes works with firms, families and in-
        
        
          stitutions on issues unique to entrepreneurs in
        
        
          privately held companies.
        
        
          Hughes advocates that the program’s in-
        
        
          ception was sparked by the recession in 1992
        
        
          where “there was nothing but bad news be-
        
        
          ing printed those days. The concept was ‘why
        
        
          don’t we print some good news for Canadians’
        
        
          and in particular we wanted to celebrate small-
        
        
          er businesses because they are the ones that
        
        
          don’t often get the recognition that the larger
        
        
          ones do.”
        
        
          The program is a celebration of enterprises
        
        
          that contribute to the nation’s business acu-
        
        
          men and is more of a methodology to evaluate
        
        
          companies based on fundamental distinguish-
        
        
          ers. The corporations are vetted based on their
        
        
          communal efforts and the uniqueness of the
        
        
          program stems from focusing on the collective
        
        
          group of individuals working towards a higher
        
        
          purpose. “It’s important that we celebrate the
        
        
          entire team, rather than a product, CEO, or
        
        
          individual employee,” says Hughes. The pro-
        
        
          gram does not distinguish by size, geography
        
        
          or industry, though those that choose to par-
        
        
          ticipate in the programmust follow a minimum
        
        
          threshold of $10 million in revenue for the past
        
        
          
            16
          
        
        
          business elite canada
        
        
          H
        
        
          JULY 2014
        
        
          
            John Hughes, National Leader
          
        
        
          
            of Canada’s Best Managed
          
        
        
          
            Companies and Managing
          
        
        
          
            Partner at Deloitte