BUSINESS: Retailers FYidoctors Named One of Canada’s Best Managed Companies for Third Consecutive Year By Staff Thursday, May 12, 2022 12:21 AM TORONTO, Ontario—FYidoctors reported that the group was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2022 Best Managed program award winners are among the best-in-class of Canadian-owned and managed companies with revenues over $50 million demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth. “We are beyond excited to be named Best Managed Companies for the third year in a row,” said Dr. Alan Ulsifer, chair and CEO of FYidoctors."The achievement of this milestone shows the commitment of our team to excellence, innovation, and teamwork. We believe that doctors should define the future of health care and that it is a privilege to accompany Canadians every day on their health care journey. It is an honor we want to share with all our employees and doctors striving to make a difference every day.’’ FYidoctors is Canada’s largest eyecare provider, with over 600 doctors and over 300 clinics serving Canadians from coast to coast. The company's announcement noted, "Like all businesses, with undeniable COVID-19 challenges, the company took aggressive steps to innovate and reimagine its business model. The company developed new ways to care for its patients and colleagues, focusing on maintaining financial strength and delivering operational excellence. "It prioritized the health and well-being of its team, patients and communities. These actions enabled FYidoctors to add a record number of locations, continue investing in leading technology, and continue to provide exceptional service," the company said. “This year’s Best Managed winners displayed courage, resourcefulness, and creativity as they explored new avenues for advancement,” said Lorrie King, partner, Deloitte Private and co‑leader, Canada’s Best Managed Companies program. “We’re extremely proud to recognize their impressive achievements in such a rapidly changing business world. Their successes demonstrate the importance of strong leadership and forethought in driving long-term growth.” Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2022 Best Managed companies share commonalities that include (but are not limited to) putting their people and culture at the forefront, focusing on their ESG strategies, and doubling down on accelerated digitization. 2022 winners of the Canada’s Best Managed Companies award will be honored at galas across the country. The Best Managed virtual symposium will address leading-edge business issues that are key to the success of today’s business leaders. The Best Managed program is sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group.