HKUST Business School, as the sole academic partner, collaborated with Deloitte China, Bank of Singapore (BOS), and Harvard Business Review China (Chinese edition) to reveal the winners of the 6th China Best Managed Companies (BMC) program at a prestigious ceremony in Guangzhou on July 19.
With the theme “New Competence - Bold Commitment”, the event attracted more than 100 guests, including the core management teams of the award winners, renowned entrepreneurs, representatives of domestic and international partners, and business leaders. Deloitte also released the program’s 6th China's Best Managed Companies White Paper, with insights into the outstanding management practices of leading Chinese private enterprises, based on surveys with BMC candidates and in-depth dialogues with company founders, CEOs, and senior executives.
As the School’s representative in this program, Prof. XU Yan actively participated in assessing participating companies and provided valuable perspectives from the academia. During the forum on the award presentation day, he also engaged in in-depth discussions and shared his insights with experts from various sectors.
After six months of closed-door nominations, entrepreneur interviews, and expert research, an independent judging panel composed of four organizing parties selected 66 enterprises to be included in this year's China BMC list. Among the distinguished recipients, our HKUST EMBA student received the award on behalf of BYD Company Limited this year, showcasing the exceptional talent nurtured by HKUST. Please refer to the full list of 2024 BMC winners here.
Prof. HUI Kai-Lung, Acting Dean of HKUST Business School, says, “The BMC program is the only international award in China that comprehensively evaluates the management systems of private enterprises. Drawing on the program’s global framework of “Best Managed” criteria, the judging panel meticulously assessed the participating companies during the “CXO Lab” sessions, considering critical factors that include strategy, execution capabilities, commitment, and financial strength. As the program’s co-organizer and strategic academic partner, our School remains committed to supporting this meaningful initiative for the business community, leveraging our extensive insights and professional expertise in business management to identify exceptional enterprises and foster innovation in private companies.”