Management’s primary objective is to maximize the long-term sustainable value of Empire through enhancing
the worth of the Company’s net assets. This is accomplished through direct ownership and equity participation
in businesses that management understands and believes to have the potential for long-term sustainable
growth and profitability, principally food retailing and related real estate.
The Company is focused on restoring core strengths in food retailing and related real estate by directing its
energy and capital towards growing long-term sustainable value through cash flow, income growth and cost
reductions. While our core businesses are admired by Canadians and well established, they also offer Empire
geographical diversification across Canada, which is considered by management to be a source of strength.
Going forward, the Company intends to direct its resources towards the most promising opportunities such as
the transformation initiative, Project Sunrise, improving the Company’s proposition to customers and restoring
profitability in the West business unit.
Based on Empire Limited strategic direction, discuss key performance measures that the company's
compensation package should include.
Make sure the answer Is clear and concise: does not exceed 200 words. Is professional and respectful. Covers
the question in a balanced manner, i.e. addresses all parts of the question. Is properly framed on readings
(make sure you provide references if need be) sound and complete. Shows evidence of critical thinking and
novelty
Sample Solution