This evaluation chart will be used by the jury to assess your nomination. Your nomination package must describe and briefly elaborate on each of the following criteria:

Company Overview

Briefly describe your company:

  • History; 
  • Management team (name, title, responsibilities); 
  • Executive committee, family council, and board of directors; 
  • Nature of business and product description; 
  • Number of employees.

Succession Planning and Knowledge Transfer

Describe the transfer plan as part of the succession process and demonstrate that the successor team has maintained its headquarters in Quebec and successfully completed the transfer of authority (without disruption to the company’s clients, suppliers, employees, and other business partners), for example by: 

  • Ensuring the formation of a balanced team with complementary skills; 
  • Developing the skills of each member of the transition team;
  • Participating in the management of the business; 
  • Capitalizing on the experience of the previous management team;
  • Planning to transfer control of the business to one or more members of the succession team.

Transfer of Power

The successor team is committed to growing the business and improving its standing within its industry. It has successfully created a vision for the company and a culture that it shares with its employees, customers, and other partners, while earning their respect and trust. 

  • Describe the role that each member of the transition team plays in the company and the current role of members of the previous management team, if applicable. 
  • Explain how the succession team experienced the changes associated with the transfer and what were the main challenges they faced.
  • Provide an organizational chart showing the ownership structure prior to the transfer and the ownership structure following the transfer.

Vision for the Future

Describe how the next-generation leadership team is looking ahead and has developed a plan for the company’s business development, for example through:

  • The implementation of a strategic plan; 
  • An understanding of the market and the competition; 
  • Addressing workforce and supply chain challenges; 
  • How you address current issues, such as cybersecurity or environmental, social, and governance (ESG) criteria; 
  • The development of an equity, diversity, and inclusion (EDI) initiative; 
  • The innovative development of products, concepts, and markets.

Financial Health

The new management team has ensured the company’s long-term viability through a development or growth plan. Indicate to what extent the change in management has had a positive impact on the company’s financial situation, for example on: 

  • Revenue; 
  • Profitability (gross margin and net margin); 
  • The digitization of financial processes; 
  • Market share; 
  • The working capital ratio; 
  • The debt-to-equity ratio; 
  • Any other performance metrics.

Finalist succession teams selected for an interview must submit the financial statements for the past two years to the jury chair, under a confidentiality agreement. 

Resilience in the Face of Economic Challenges

Explain how your company has demonstrated resilience in the face of various current challenges, such as the economic situation, from the perspectives of operations, finance, and human resources: 

  • What are your biggest challenges, and how can they be turned into opportunities?