i4F, a group of companies providing patents and technologies to the flooring industry, announced that it has won two awards belonging to the international Best Managed Companies (BMC) program. The company was awarded by Deloitte as one of the 2020/21 Best Managed Companies and, amongst this year’s BMCs, also won the 2020/21 Excellence Award for Strategy. Nominations were judged by a panel of top leaders coming from a range of industry sectors. i4f now officially joins the global BMC community hosted by Deloitte, and is encouraged to participate in national and global meetings on a diverse range of topics.
 
The annual BMC program aims to find the best managed, privately owned companies. The program evaluates a company’s management capabilities and practices and recognizes overall business performance and growth. 

i4F received a 2020/21 Best Managed Companies award as a tier one player in a niche segment demonstrating a number of best management abilities and practices. This included strategy, culture and commitment, capabilities and innovation as well as finance and governance compared to peers.

The criteria for the BMC Excellence Award for Strategy looked at the added-value i4F provides to its customers as well as the scalability and success of its Patent Cluster Concept platform in terms of formulation, development, communication and execution.