2018 Outstanding Business of the Year Award
amed after former Governor Deane C Davis (1900-1990) and co-sponsored by the Vermont Chamber of Commerce and VermontBiz, the award is given to the Vermont company that embraces the unshakeable values that Davis brought to his office: enhancing the economy and championing the environment with the help of business and satisfied employees. Governor Deane C….
About this Event
amed after former Governor Deane C Davis (1900-1990) and co-sponsored by the Vermont Chamber of Commerce and VermontBiz, the award is given to the Vermont company that embraces the unshakeable values that Davis brought to his office: enhancing the economy and championing the environment with the help of business and satisfied employees.
Governor Deane C. Davis (1900 – 1990)
In 1968, at the age of 68, when most people look forward to enjoyment of retirement, Deane C. Davis was elected governor. Governor Davis brought considerable experience to the governor’s office (1969-1973), gleaned over many years as a lawyer, corporate officer and company president. He was a strong advocate of a sound economy based in a protected environment.
Governor Davis was known as the “Environmental Governor” because of his strong support for Act 250, which was enacted during his administration. He also championed a vigorous economic development program that resulted in the creation of the highly successful regional economic development corporations.
Criteria
The Standards of Excellence are the criteria that will be used in judging the nominees for the Outstanding Business of the Year Award. The following questions should be used as guidelines and examples for companies as they prepare their submissions for nomination. Please note, this award is designated to a for-profit business as the judging committee will take the growth of sales into consideration.
Demonstrated success by:
* Continued growth in number of employees and/or sales.
Does the company have a clear mission statement that allows sustainable growth for itself and its employees? Does the company’s goals and objectives create incentive for sustained growth? Does the company’s marketing strategy keep up with a constantly changing market place?
* Commitment of company resources, including employees to community projects.
Does the company have a community relations function at its corporate level? Does the company encourage employees to participate in community projects? Are company officers involved in community projects?
* Recognition of the environment as a natural and economic resource for Vermont.
Does company policy incorporate Vermont’s natural environment in the production or marketing of its product(s)? Is the company actively involved in the development of local, regional or state natural and economic environmental policies?
* Creation of a positive work environment for all employees.
Does the company involve its employees in operational policy creation? Does the company create incentives for employee participation in company and community projects? Does the company’s human resources policies provide for meaningful and continuing employee evaluation?
Standards of Excellence:
The Outstanding Business of the Year Award is the prestigious recognition of a company in Vermont who has met the highest standards of excellence in the past year to improving its sales, the work environment for its employees, and its contribution of its resources to its community.
The honoree has demonstrated success through:
- Continued growth in number of employees or sales
- Commitment of company resources, including employees to community projects
- Recognition of the environment as a natural and economic resource for Vermont
- Creation of a positive work environment for all employees
The economic well-being of Vermont rests squarely on the success of its businesses, large and small, which provide jobs, products, and services to consumers in Vermont, across the United States and around the world. Many companies in Vermont fully exemplify the Outstanding Vermont Business Standards of Excellence. They have used these standards as a guideline to improve their business, their employees and their community. These standards are relevant to all businesses, small and large.
Meeting the highest standards of excellence is the direct cause of the success of any business. Even if the market is ready and consumers are willing, the ability to attain the highest standards of excellence combined with a clear, definable mission statement is vital to any company’s longevity.
Eligibility:
To be eligible the nominated business must have its corporate headquarters in Vermont for at least 10 years. Subsidiaries of international corporations may also be nominated if their U.S. headquarters are based in Vermont and if they operate largely autonomously. Please note, this award is designated to a for-profit business as the judging committee will take the growth of sales into consideration.
General Information:
Anyone may nominate a business for the Outstanding Business of the Year Award. The nomination may be made by the business itself, a government agency, or interested individuals.
The screening committee may request additional information from nominators, references or the company itself for the judge’s consideration. All entries and supplementary materials will become the property of the VermontBiz and will not be returned. Decisions of the judging committee are final.
Because the Outstanding Business of the Year Award is designed to recognize the total commitment of a company, nominations should describe the entire scope of the company’s mission.
Accompanying Materials:
The online nomination form allows you to submit up to three supporting documents to your online nomination. Supporting documents are optional. Please submit as much background material as you feel necessary to support the statement. Additional materials may include, but are not limited to samples of company policies, mission statements, company annual reports, employee newsletters, program evaluation forms. If you are unable to submit accompanying materials online you may mail them to: VermontBiz, 365 Dorset Street, South Burlington, VT 05403.
Confidential Information:
In order for the Selection Committee to properly evaluate each application, it is helpful for us to have relevant information requested (sales figures and employee count). This information is CONFIDENTIAL and will not be shared with anyone other than the Selection Committee. Copies will be destroyed following the selection. Please include this information with your application.
OUTSTANDING BUSINESS AWARD WINNERS
1990 WALLACE ENTERPRISES
1991 C & S WHOLESALEGROCERS
1992 MCKENZIE MEATS
1993 PERRY RESTAURANT GROUP
1994 GREEN MOUNTAIN COFFEE ROASTERS
1995 VERMONT HEATING & VENTILATING
1996 MACKMOLDING COMPANY
1997 SMUGGLERS’ NOTCH RESORT
1998 VERMONT COUNTRY STORE
1999 CABOT CREAMERY
2000 WAITSFIELD CHAMPLAIN VALLEY TELECOM
2001 WILD APPLE GRAPHICS
2002 NRG SYSTEMS
2003 HUBBARDTON FORGE
2004 IDX
2005 KING ARTHUR FLOUR
2006 RSG
2007 SYMQUEST GROUP INC
2008 NATIONAL LIFE GROUP
2009 BIOTEK INSTRUMENTS INC
2010 SMALL DOG ELECTRONICS
2011 FOLEY FAMILY OF COMPANIES
2012 GW PLASTICS, INC.
2013 DEALER.COM
2014 CHAMPLAIN CABLE
2015 PC Construction
2016 Marathon Health
2017 Vermont Mutual Insurance Group
Winners
Green Mountain Power named 2018 Outstanding Business of the Year
Vermont Business Magazine and the Vermont Chamber on May 22 announced Green Mountain Power as the winner of the prestigious and highly anticipated Deane C Davis Outstanding Business of the Year Award. The announcement came during the Deane C Davis Hall of Fame induction ceremony held at the UVM Grossman School of Business, located at Kalkin Hall.
“It’s such a huge honor to be among all of you to receive this award,” GMP CEO Mary Powell said upon receiving the granite plaque. “A huge congratulations to the other finalists.” GMP itself has been a finalist twice before. “This is our year,” she said.
“It’s all about Vermont,” Powell said. “It’s all about, for us, team Vermont, and everybody here is an amazing example of what we can all do when we want to do good for the Vermonters that we serve. And that’s what drives us every single day.”
This annual award honors a Vermont business that shows an outstanding history of sustained growth while displaying an acute awareness of what makes Vermont unique. The award, named for the former governor of Vermont, was created 29 years ago by Vermont Business Magazine and the Vermont Chamber to recognize and honor the state’s best companies.
Green Mountain Power is the energy provider to over 75 percent of Vermont. Not only is it the first energy utility to have been designated as a B Corp, GMP takes its commitment to social and environmental performance seriously.
Led by CEO Mary Powell, GMP recently committed to fully carbon-free power by 2025 and fully renewable power by 2030, beating the Vermont state goal by 20 years. GMP was a finalist for the award in 2011.
In 2016 GMP opened the Energy Innovation Center in Rutland, allowing collaboration between partners to increase energy efficiency and decrease costs.
GMP is not only devoted to the environment, they are also committed to their employees, with a detailed Code of Ethics and pledge to employees by redefining success in business. Employees are encouraged to have healthy minds, bodies and families.
To achieve that, GMP offers lunch & learn socials with stress management, monthly preventive body maintenance and ergonomic assessments and on-site chiropractic care. To further engage with its community, GMP offers each employee four hours of paid time for community or volunteer work. At least once per year the company coordinates events for employees to use those four hours.
Customers are invited to give back as well and can give excess net metering credits to local non-profits that would decrease their electric bill.
GMP operates a variety of community outreach programs, including osprey restoration, which aided in the removal of the osprey from the endangered species list in 2005. They also host the Gift of Life Marathon, a project that evolved out of employee blood drives.
In 2012, the Red Cross collected 1,955 pints at the Gift-of-Life Marathon, just shy of the national record of 1969. On December 17, 2013, Rutland broke the national record for a single-day blood drive.
With a focus on innovation, customer service, commitment to employees, and pride in supporting the community, Green Mountain Power embodies the business excellence representative of the Deane C. Davis Award, making them a strong contender in the race for this distinction.
“We are proud to have Green Mountain Power as the recipient of the 2018 Deane C. Davis Outstanding Business of the Year Award,” said John Boutin, publisher of Vermont Business Magazine. “They truly are deserving of this honor and join 28 other Vermont companies to be recognized over the years as one of the best in Vermont.”
The two other impressive finalists for the Deane C. Davis Outstanding Business of the Year Award were Chroma Technology and ReArch Companies.
At the Deane C. Davis Award ceremony, five previous winners of this prestigious award were inducted into the Deane C. Davis Hall of Fame. The companies inducted were 2011 winner Foley Family of Companies, 2012 GW Plastics, 2013 Dealer.com, 2014 Champlain Cable and 2015 PC Construction. The DCD Hall of Fame is located in Kalkin Hall on the UVM Campus.
