Hampshire Business Awards 2010 - The RBS Management Team of the Year
Following the announcement of the finalists for the Hampshire Business Awards, we now begin a series profiling the companies that have made it onto the shortlist for each award category. This week is the turn of the RBS Management Team of the Year.
Launched last year, this award aims to seek out a management team that has driven its business forward, implemented significant change or overcome material problems through strong leadership and teamwork.
"The judges were on the lookout for success across many areas, including change management, problem solving, maintaining a motivated workforce, team building and strategic planning. The vision and ability to guide a business through our ongoing challenging economic conditions were also important," explains Dan Salanson, Head of Corporate Banking for RBS in the Solent.
He continues, "We had some high calibre entrants this year but the three companies we have chosen for our shortlist stood out, demonstrating clearly how strong leadership and teamwork are driving their success."
Foray Motor Group
The first of the three finalists is Foray Motor Group, a leading Ford franchisee with nine dealerships across the south. Against a challenging economic backdrop and particularly testing times for the sector, this business has succeeded in bucking the trend, demonstrating impressive growth both organically and through acquisition. This performance is down to the strength of the people at Foray Motor Group, who are headed up by an entirely homegrown management team.
Foray was formed following a buyout in 1999 by the management team of the Hampshire-based family firm Edwards Brothers Salisbury Ltd. Under the stewardship of the management team, which has managing director Chris Yoxon at its helm, Foray has exhibited a real aptitude for acquiring local dealerships and transforming their performance, achieving success for Ford across car, commercial vehicle and parts sales and delivering excellent financial results. The company has also gained Investors in People accreditation and won an environmental award presented at the Houses of Parliament for its work recycling obsolete components and parts that would otherwise go to landfill.
"In Foray we have a clear example of how a dynamic and cohesive management team can drive the success of a business even during challenging times. The company's commitment to investing in people and its environmental innovation also contributed to our decision to include Foray on our shortlist," summed up Dan Salanson.
The overall winners in each category of the Hampshire Business Awards will be announced at a gala dinner on 7 October, to be hosted by BBC television presenter Bill Turnbull at the Royal Marines Museum in Southsea.
- Published ByThe Royal Bank Of Scotland