Reference no: EM133508694
Case Study: For this assignment, your fictional company name is Crowned Queens and they specialize in buying, remodeling and flipping houses. The Crowned Queens is conducting a search for a new chief executive officer (CEO). As a board member of Crowned Queens, you are in charge of drafting the environmental, sustainability, and governance (ESG) section of the CEO executive compensation package. If the organization performs sufficiently on these metrics in the first 12 months after hire, the CEO will receive the full bonus or equity award (specified in a different section of the compensation package drafted by someone else).
Questions: In memorandum form complete the template with the information below:
-Header: Complete the Company Name, To, From, and Date sections.
-Introduction: Describe your organization. Explain why environmental, sustainability, and governance considerations are important in the selection and compensation of the next CEO. This section should be one paragraph.
-ESG Metrics Table: Provide three ESG metrics tied to the compensation package for the next CEO. For each metric, provide a short Metric Name, a detailed thorough Description, a quantifiable Goal (or goals), and a process of Measurement or determining the extent to which the goal was achieved. Aim to be as clear and precise as possible in this table to avoid any disputes over the interpretation of these metrics during negotiations with a CEO candidate.
-Conclusion: Describe what actions the organization must now take to implement your plan. This section should be one paragraph