TORONTO, May 10, 2022 /CNW/ – Henry’s, from Canada The largest camera storewas honored for the third consecutive year by the prestigious from Canada Designated Best Managed Companies for overall business performance and sustained growth. The winners of the 2022 Best Managed program are among the best Canadian-owned and managed companies with revenues exceeding $50 million demonstrate leadership in the areas of strategy, capabilities and innovation, culture and engagement, and finance to achieve sustainable growth. Now in its 29th year, from Canada Best Managed Companies continues to be one of the nation’s leading business awards programs recognizing Canadian-owned and managed companies for their innovative, world-class business practices. Each year, hundreds of entrepreneurial companies compete for this designation through a rigorous, independent process that assesses the caliber of their management capabilities and practices.
Family-owned and operated for over a hundred years, Henry’s is no stranger to navigating the tough terrain of retail. While the realities of COVID may have caused unprecedented disruption, they also inspired Henry’s penchant for his core strength – fostering and supporting the creativity of Canadian photographers and digital creators from coast to coast.
- Henry’s remains committed to achieving retail excellence in technology and innovation despite the challenges presented by COVID, including store closures and supply chain disruption. Henry’s is implementing a fully integrated, best-in-class ERP, point-of-sale and e-commerce site that will improve customer experience, increase operational efficiency and reduce overall IT costs. The benefits of this technological innovation are setting Henry’s up for success as the retail industry begins to emerge from COVID.
- Expanding into the exciting new category of content creation remains a top priority for Henry’s. With a focus on curating the ultimate product offering, shopping experience and community for content creators across the country, Henry’s continues to build and strengthen creative relationships. The creation of the Vancouver Podcast Studio, our own bi-weekly “Good Morning Camera” podcasts and the soon-to-be-available creator space in the new downtown flagship location Torontoare just a few of the exciting community and creator-focused programs Henry’s offers Canadians.
- People are at the heart of Henry’s business success. Motivating, engaging and developing talent throughout the pandemic, marked by uncertainty and isolation, required a dedicated and focused approach. Henry’s has invested in leadership development, established employee engagement committees to drive frontline engagement, and implemented a technology-supported continuous listening strategy that enables real-time feedback. and concrete responses throughout the chain. As a result, Henry’s plan for the future of work was designed in conjunction with employees, leading to the decision to remain mostly remote. Henry’s continues to focus on the mental well-being of all of its employees by promoting access to industry-leading benefits, education and creating a common purpose by supporting the Henry’s Foundation for mental health.
“We are delighted and proud to be named one of the from Canada Best Managed Companies again this year. As we move firmly towards normalcy, there is no doubt that Henry’s, like all other retailers, has had to weather another year of uncertainty and challenges,” said Gillian Stein, CEO, Henry’s. “Yet our dedicated team of employees and partners continued to show resilience and determination, leading Henry’s to another year of excellence, without wavering on our core values or our commitment to our community of creators, our employees and our partners”.
Applicants are evaluated by an independent judging panel made up of representatives from the program’s sponsors in addition to special guest judges. The Best Managed Companies of 2022 share commonalities that include (but are not limited to) putting their people and culture first, focusing on their ESG strategies, and doubling down on accelerating digitalization.
“The 2022 Best Managed winners exemplify innovation, adaptability and resilience in the face of uncertainty,” said Lorrie KingPartner, Deloitte Private and Co-Chief, Canada Best Managed Companies Program. “Over the past year, these forward-thinking companies have pivoted to successfully meet challenges and capitalize on new opportunities, leveraging industry-leading skills to maximize their investments and drive sustainable growth. “”
2022 winners of the from Canada The Best Managed Companies award will be presented at galas across the country. The virtual Best Managed Symposium will address cutting-edge business issues that are critical to the success of today’s business leaders.
About Henry, from Canada The largest camera store
Proudly Canadian, family owned and operated, Henry’s opened in 1909 and has become Canada’s leading retailer of specialty digital imaging. With locations across Canada and a strong B2B and e-commerce business, they’re your source for the latest, best products, expert advice, and award-winning customer service when it comes to hardware and accessories. camera for photographers, videographers and digital creators. Henry’s offers over 15,000 imagery-related products from all major brands and is a proud supporter of designers across Canada. For more information, visit henrys.com.
On from Canada Best Managed Companies
from Canada Best Managed Companies continues to be the hallmark of Canadian-owned and managed companies with revenues exceeding $25 million. Every year since the program’s launch in 1993, hundreds of entrepreneurial companies compete for this designation through a rigorous, independent process that assesses their skills and management practices. The awards are given out at four levels: 1) new winner of Canada’s Best Managed Companies (one of the new winners selected each year); 2) from Canada Best Managed Companies winner (award recipients who reapply and successfully retain 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 maintained their award for 4-6 consecutive years); 4) Platinum Club Member (winners who have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
SOURCE Henry’s Enterprises Inc.
For more information: Sabrina Seccareccia – Marketing Manager, [email protected]