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Strategic Management and Leadership - Essay Example

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In the competitive global market of shipping industry Smith introduced FedEx Corporation with an aggressive strategy to grow and capture the global market. The company has grown over the years and spread its services to different parts of Asia and also in other parts of the…
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Strategic Management and Leadership
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Download file to see previous pages The company’s headquarters is in Memphis, Tennessee. The corporation has many major divisions working under it which are like FedEx Express, FedEx Freight, FedEx Services and FedEx Ground. Among all these the flagship segment for the company is its FedEx Express which is the global leader in shipment industry providing the best quality service tot eh customers over the years continuously. The company has its business operations spread across in totally 220 countries with 300,000 employees, 660 aircrafts and 90,000 vehicles ready to perform at their best to provide the best quality service to the customers across all the countries. The company has been rated in the top 100 companies across the world in Fortune magazine and also has been ranked among the top 10 companies that are been admired globally in 2009 (FedEx, 2014). The corporation has got the highest number of aircrafts for shipment purpose than other companies in the shipment industry present in the global world. In 2012, in US the company had a market share of 49% and also had a dream to grow continuously and capturing 15-20% of the market share in the global market having its good presence in mostly all the countries. The company’s net operating income value is around $2 billion and the revenue of the company is approximately $42 billion, in this 80% of the income generated for the company is from its flagship service FedEx Express which has been on the top of shipment of goods among all the other competitors present in the market. Many big companies like Apple have trusted over FedEx for their shipment process and they have used the service of FedEx to ship their products and parts to different parts of the world.
Looking at the financial report of the company over the last few years it can be seen that the company has grown in a huge way in the last few years and has increased its market share and revenue with a good percentage over the previous years. ...Download file to see next pagesRead More
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