HR Planning
Mr. Smith replaced the president and five vice-presidents who left in 1979, as well as other key executives. With managers who were comfortable with the traditional corporate organization. This opened the door for future opportunities. FedEx has been recognized for the strength of its management team, receiving several prestigious awards. Not only for their management team but its contractors as well. Each employee hired is viewed as a long term investment. The foundation of the leadership style is humane skills. Mr. Smith got his training in the military and he used his skills to train management in how to lead and motivate they are very hands on with their staff, and this trickles all the way down the line. Each employee hired is viewed as a long term investment .The company believes in promoting from within and that the best way to have successful managers is to create them, therefore employees are encouraged to seek further training.
The FedEx mission is to provide superior financial returns by providing high value-added supply chain, transportation, and business and related information services through focused operating companies competing collectively and managed collaboratively under the respected FedEx brand. The mission is carried out by a network of entities within FedEx, collaborating together for the good of the brand.
With employees plotting their own career paths, training and development is a very high priority. Retention is very high with
FedEx is a highly centralized organization, with decision-making for the firm centralized at the Memphis headquarters. While national branches of the company have some autonomy in hiring, head office controls hiring policy. Decision-making on large capital projects is also centralized, because the network structure of the company's distribution means that such decisions have global implications. As a result, FedEx has a heavily-centralized structure where very little power is delegated to local managers. Instead local managers are charged with operating the company's strategy efficiently and effectively.
The main station is located in Memphis, Tennessee in the United States. The company started off by delivering couriers to some American cities, which was the first time for parcel delivery to take place at that time. As stated before, the industry’s goal is to fulfill the needs of customers, developing relations with different companies, and ensure a high investment for its shareholders. This is made possible through their six shared principles: people, service, innovation, integrity, responsibility and loyalty (FedEx). In order to satisfy its clients, FedEx has3 branches which provide customers with different services regulated on different demands; this include FedEx Corporation, FedEx Express, FedEx Kinko’s, FedEx Ground, FedEx Freight, and FedEx Services. It delivers more than 10.5 million shipments daily, covering more than 220 countries. Monthly, it has over 50 million visitors. In order to… it has 1250 express stations, 33 ground hubs, 370 freight service centers, and more than 1800 offices. The company also possessed 656 aircrafts and more than 100,000 motorized vehicles for express, ground, freight and expedited delivery service (FedEx). Through these aspects and values, Smith achieves to develop a company with a productive way in controlling time, space, and
FedEx able to identify the needs of its customer where many businesses demand a more efficient and reliable delivery services. After knowing the needs, FedEx develop an efficient overnight delivery services. This has shown that FedEx’s strategy is market-orientated where it estimated the market needs and created a value to serve the needs. He is able to identify market opportunities, target its market segment (businessmen) and effectively position their service (highly effective overnight delivery service). FedEx adopted market development strategy where it identifies and develops its new market segment by expanding its operation. It purchases Kinko’s, which operates in 11 countries and help the company to reach new customers and expand in Asia and Europe. It expands its reach further with U.S Postal Service where they can place a drop box in every U.S post offices.
- One key factor in employee motivation and retention is the opportunity employees want to continue to grow and develop job and career enhancing skills. In fact, this opportunity to continue to grow and develop through training and development is one of the most important factors in employee motivation
Training and Development is imperative to the organization’s progress. Training helps addressing employee weaknesses and builds a reliable and skilled workforce. This will improve the employees’ performance and boost their self confidence, and innovation. By acquiring the needed knowledge and skills, employees can perform more efficiently and increase the overall productivity of the organization.
FedEx Corporation, situated in US, is one of the leading supply chain management solution providers in the world. With annual revenues as high as USD33 billion, the company offers incorporated business
FedEx is the world 's largest express delivery, ground small-parcel delivery, less-than-truckload freight delivery, supply chain management, customs brokerage, trade facilitation and e-commerce solutions company with more than 145,000 employee 's worldwide and delivering more than 3.2 million packages daily. They command a fleet of 634 aircraft and more than 42,500 vehicles. FedEx offers various international packages and document delivery services to 214 countries, as well as international freight services and also offers commercial and military charter services. On 12-Feb-2004, FedEx Group acquired Kinko 's, Inc. Now it also provides document solutions and business services, including copying and printing services, signs and graphics,
FedEx is a logistical service company specialized in transportation, e-commerce and business services. The success of FedEx lies on an efficient information system. The business process is as follows:
When it comes to strategy, FedEx has done a great job of staying on top in the market place after all these years. FedEx has built a very powerful empire over the last decade, insuring customers with different global delivery services. Different companies have different strategies that work with their company to reach a specific goal, at FedEx the main strategy for success would be customer service. Customer service would have to be the number one strategy FedEx is mostly concerned with and constantly researching new ways to make it easier and more convenient for customers to deliver packages across the world. To help accommodate customers, FedEx has established online databases to ensure customers of package delivery; customers are able to track packages from the convenience of their homes or offices. Something else that FedEx has established are flights, and freights for those international customers, they have also improved services to and from all over Europe as well as Asia, in
FedEx is a worldwide shipping and solutions corporation that provides services for: Time-sensitive deliveries to all of the U.S. states and territories, logistics solutions and business support services. FedEx operates through four divisions: FedEx Ground, FedEx Freight, FedEx Services, and FedEx Express. FedEx Ground provides services in the U.S and Canada. The service offers Saturday delivery with no additional charges. FedEx Freight provides time-sensitive truckloads. Services extend through the U.S, Canada, Mexico, Puerto Rico, and the Virgin Islands. FedEx Services offers solutions for global supply chains, data management services, and e-commerce to its customers. FedEx Express was the first service offered by the company. It included the shipments of time-sensitive and air-ground express services. FedEx is one of the worlds leading transportation businesses delivering small parcels throughout the U.S and to 220 countries internationally.
FedEx is one of the leading logistics companies in the United States, with a particular specialty in Home Delivery. From a grassroots background to the thriving company you see today, FedEx has navigated many twists and turns to stay competitive. FedEx Home Delivery has blossomed since its inception, by offering value added services to its customers such as Delivery Manager and the Package Returns Program. However, they have also struggled to keep up with the exploding growth of e-commerce. In an effort to outpace in competitors by investing heavily in infrastructure, FedEx Home Delivery is at a precipice in which there is no turning back.
FedEx has three levels of executive positions in HR Management. The first level is Board of Directors; they in charge of information technology omission and supervise all the operations broadly, control and nominating, compensation and audit and so on. The second level is Executive President and Chief Executive
FedEx is involved with each and every community that they work in and provide for and not just in an effort to win over customers. That comes naturally by their “people first philosophy”. FedEx helps and has helped with things like