FedEx Achieves Top Spot in Fortune's Most Admired Companies List
FedEx Achieves Recognition in Fortune List
FedEx Corporation (NYSE: FDX) has yet again been acknowledged among the most admired companies globally, as highlighted in a recent survey released by Fortune magazine.
Ranking Details
According to the annual “World’s Most Admired Companies” report, FedEx has secured the No. 20 position overall. This achievement represents the 25th consecutive year that FedEx has been featured in the top 20 on this esteemed list. Moreover, it proudly holds the title of the highest-ranked delivery service.
Leadership Acclaims Recognition
Raj Subramaniam, the president and CEO of FedEx Corporation, expressed his pride regarding this achievement. He stated, “I am incredibly proud of Team FedEx for this accomplishment. This recognition reflects the unwavering dedication of our over 500,000 global team members to provide exceptional experiences and innovative solutions that enhance supply chains for all.”
Understanding the Survey Methodology
The survey evaluates nine critical attributes, including investment value, quality of management, products, social responsibility, and talent attraction capabilities. This multi-faceted approach ensures a comprehensive assessment of corporate reputation.
Defining Corporate Reputation
The Fortune “World’s Most Admired Companies” list serves as the benchmark for corporate reputation. Since its inception in 1997, Fortune has identified, chosen, and ranked the most admired companies in the world, showcasing exemplary business practices that garner respect among industry peers.
Collaboration with Korn Ferry
This particular survey was a collaboration between Fortune and Korn Ferry, assessing corporate reputations within a preliminary pool of 1,500 companies. This included the 1,000 largest companies in the U.S. ranked by revenue, in addition to international firms in the Fortune’s Global 500 database, all boasting revenues of $10 billion or more. Ultimately, a total of 650 companies across 30 countries were evaluated.
Criteria and Selection
To distinguish the most respected companies, Korn Ferry enlisted executives, directors, and analysts to evaluate businesses within their industry across nine specific criteria. Only those companies achieving a score that ranked in the top half of their industry were included in the final list, enhancing the significance of FedEx's recognition.
Conclusion
FedEx's remarkable standing as a continuously admired company highlights its commitment to excellence, innovation, and global leadership in delivery services. With its focus on creating outstanding customer experiences and enhancing supply chain efficiencies, FedEx continues to set the standard for corporate admiration in the industry.
Frequently Asked Questions
What position did FedEx achieve in the Fortune list?
FedEx achieved the No. 20 position in the “World’s Most Admired Companies” list.
How many years has FedEx been ranked in the top 20?
FedEx has been ranked in the top 20 for 25 consecutive years.
Who is the CEO of FedEx Corporation?
The CEO of FedEx Corporation is Raj Subramaniam.
What attributes are measured in the Fortune survey?
The survey measures attributes like investment value, quality of management, and social responsibility.
How was the survey conducted?
The survey partnered with Korn Ferry, using a pool of 1,500 companies and evaluating 650 top-revenue companies across 30 countries.
About The Author
Contact Henry Turner privately here. Or send an email with ATTN: Henry Turner as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.