2017 Outstanding Business of the Year Award
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…
About this Event
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
Winners
Vermont Mutual Insurance Group named 2017 Outstanding Business of the year
Vermont Mutual Insurance Group is the winner of the prestigious and highly anticipated Deane C Davis Outstanding Business of the Year Award, 2017. Vermont Business Magazine and the Vermont Chamber of Commerce announced the annual award May 24, during the opening ceremonies of the Vermont Business Expo at the DoubleTree by Hilton, Burlington.
Presented by Governor Phil Scott, 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 28 years ago by Vermont Business Magazine and the Vermont Chamber of Commerce to recognize and honor the state’s best companies.
Vermont Mutual President and CEO Dan Bridge accepted the award on behalf of his Montpelier-based firm and especially thanked the Vermont customers and independent insurance agents for being great customers and clients for nearly 200 years.
“It really is important to buy local,” he said.
Vermont Mutual Insurance Group was chartered in 1828 and is one of the ten oldest property/casualty insurers in the United States. They have operated continuously since that time in Montpelier, Vermont. Vermont Mutual Insurance Group’s strategy produces results that are closely aligned with the Deane C Davis Standards of excellence. They support a comprehensive recycling program, work with Efficiency Vermont and Kilowatt Technology to run their buildings as efficiently as possible and they support Green-up Vermont.
Their sales have increased 41% over the last five years and have increased their customer base by over 300,000 in the same time frame. In addition, they have added over 50 full-time employees over the past five years, a 24% increase. They have also contributed over $300,000 to 125 worthy organizations though the Vermont Mutual Charitable Giving Fund in 2017. Vermont Mutual Insurance Group has also supported almost 1,000 hours of community service by their staff.
“We are proud to have Vermont Mutual Insurance Group as the recipient of the 2017 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 27 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 City Market and Kalow Technologies.
