Auction Alliance nominated a Top 500 finalist
AUCTION ALLIANCE has been nominated as one of the Top 500 companies in South Africa, according to the auction group’s CEO, Rael Levitt.
Top 500, an annual directory of South Africa’s top companies, conducts research into 100 key sectors in South Africa to identify the country’s best- managed companies.
Companies qualify for a listing in the Top 500 only if they meet or surpass the 13 strict perfor mance criteria established by the Topco Media Research Department, Levitt explains. Only the top five performing companies in each sector get listed.
The key areas in which companies are assessed are financial performance, people development and HR policies, as well as written company policies and procedures, he says.
The Top 500 also ranks companies in the various sectors based on these 13 criteria. According to the website www.top500.co.za, these criteria accurately identify the top South African businesses in their sector, credible businesses that are good at what they do, and the major companies that are the driving force of the South African economy.
The final rankings will be made public in October.