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Federal Express: Companies
built 644 days ago
Federal Express has been a major success story in the competitive global economy, and is worthy of American support. Its gamble in setting up a hub at Subic Bay has revitalized the area around the old naval base. It makes sense in the new age of commercial diplomacy for the United States to help American companies in their attempts to win contracts and market access. But such an approach is simply undercut in the eyes of the world when it looks like nothing more than a payoff for a large political donation.
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Federal Express is the world's largest express transportation company, providing services for more than 2.9 million items to 212 countries each working day. The company employs approximately 137,000 people, has nearly 42,500 drop-off locations and operates more than 590 aircraft and 38,500 vehicles in its integrated global network. FedEx (Trademark) maintains electronic connections with more than 1.7 million users via FedEx Powership, FedEx Ship and FedEx interNetShip. Federal Express reported revenues of $11.5 billion for its fiscal year ended May 31, 1997.
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Federal Express management ... understood the delays caused by committee approvals and removed the usual bureaucratic barriers by designating one company decision-maker -- Christensen -- once it approved the design. Leader praises the choice of Christensen. "Gayle had a genuine appreciation of the process," he says. "She very skillfully rode the fence between interpreting [to her company] what we were trying to accomplish, and communicating to us the ultimate strategic objectives of FedEx management." This true collaboration between designer and client led to a design that incorporates several ingenious graphic elements. By shortening the name, replacing the 1970s typeface, removing the restrictive purple field around the logotype, and adding the tagline, the company's strongest attributes are captured visually.
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When Federal Express issued its request for proposals, then, Greensboro jumped. The package that was eventually offered was "aggressive," as Johnson describes it, and was similar to that offered previously to other companies. In addition to the same kind of tax-exempt financing offered at other sites, Greensboro offered to grade the site, link the utilities, connect the taxiway and roadway, and perform other types of site preparation.
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Federal Express (FedEx) is used to moving things quickly, but when it came to data, the company's original data warehouse just couldn't keep up. It lacked scalability and couldn't handle FedEx's ongoing growth, acquisition and organizational changes.
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Federal Express is just the latest company to face big IRS fines for mishandling contractors. Here’s how to manage ICs the right way. Tags: Taxes, Free trade, Recruitment & Selection, Operational accounting, Workforce management, Lynn Haber, Internal Revenue Service, Social Security, hiring, tax, worker, integrated circuit, agency, income tax, absence, workplace, payment, training, tool, income, agreement, inform Articles 2008-01-07
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