Fortune, a popular
business magazine, has recently published the results of a survey titled the
“World’s Most Admired Companies”, with FedEx being ranked at number 8. The
results of the survey portray a comprised list of the most prestigious and well
thought of businesses.
Being featured in
this list is not a first for FedEx, with the Memphis founded company having
being highlighting on previous years editions. Since 2001, FedEx has been
positioned among the top 20 companies as decided by Fortune magazine.
 |
| Fortune's edition including the "World's Most Admired Companies" list |
The survey takes into
account nine separate characteristics and elements with regards to both
financial performance and corporate reputation of companies when deciding the
position of each within the list. Before arriving at their top 50, both
Fortune, and consulting company, Hay Group is forced to eliminate from the
starting from approximately 1,400 companies. After much elimination, the two
deciders create an industry list of 57 companies. Analysis is given to rate the
companies on nine separate criteria, from investment value to social
responsibility. To make it successfully onto the list, a company must score
within the top half of its industry.
To arrive to their
top 50, the Hay Group asked approximately 3,800 respondents to choose the
ten companies they admired and respected the most. The list at this stage is
made up of the companies that ranked in the top 25% from the previous year’s
survey.
The finalised list
shows other similar parcel delivery companies, such as UPS, narrowly missing
out, with them coming in at position 32. DHL did not make it into the top fifty,
but can be seen as being considered for it.
FedEx Corp.’s
Chairman, President and Chief Executive Officer, Fredrick W. Smith, has said: “We
are honoured to be included on the Fortune World’s Most Admired Companies List.
This recognition is possible because of our 300,000 team members who strive to
make every FedEx experience outstanding.”
No comments:
Post a Comment