underpinning FedEx Corporation’s success 4 2.1 Strong Brand Image 4 2.2 Employee Service and Customer-oriented 4 2.3 The innovation technology 4 2.4 Innovative Culture 5 2.5 Strong Infrastructure 5 2.6 Large customer base and customer loyalty 6 3.0 Strategy Capability 6 3.1 Value chain 6 3.2 VRIN framework 9 3.2.1 Value: 9 3.2.2 Rarity: 9 3.2.3 Inimitability: 10 3.2.4Non-substitutability: 10 4.0 International Strategy 11 5.0 Leadership of FedEx Corporation 13 5.1 Leadership 13 5.2 Management: 14 5.2.1
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FedEx Corporation Strategic Audit May 14‚ 2004 MGMT 449 Prepared by: Clement Chen Lisa Duong Hideo Yang Marny Susanty Mario Vellandi Andrea Betro Forward: This company for this case analysis was chosen by me‚ Mario Vellandi. I found FedEx interesting because they are one of the top four logistics companies in the world with 2002 group revenues of $24.2 billion. Since I was studying the transport industry‚ I found them to be an excellent company to analyze while in Strategic Management
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MIS 3210 - Critical Thinking and Project Management Homework #2 Use a Duncker Diagram to identify many potential solutions The Duncker diagram technique is used after you have articulated your “present state” and “desired state”. It is used to generate many ideas for solutions to a problem. But it works by prompting you to not only consider solutions that achieve the desired state but also solutions that make it “okay” –with you - to NOT necessarily achieve the desired state. This technique
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Lethbridge ABSTRACT Much has been written and researched about Deming’s ‘total quality management’ (TQM)‚ Follett’s ‘law of situation’‚ and Taylor’s ‘scientific management’. Yet‚ these management scholars differ in their organizational and strategic leadership abilities and practices and remained in three different corners of a triangle. Though the differences in their thinking may be attributed to the changing nature of management as a discipline over a period of time and consequent changes in the fractionalized
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Quality starts with market research – to establish the true requirements for the product or service and the true needs of the customers. However‚ for an organization to be really effective‚ quality must span all functions‚ all people‚ all departments and all activities and be a common language for improvement. The cooperation of everyone at every interface is necessary to achieve a total quality organization. A frequently used definition of quality is “Delighting the
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ACCESSIBILITY 6 PART 2: FEDEX CORPORATION 7 5 COMPANY ANALYSIS 7 5.1 PRODUCTS AND SERVICES 7 5.2 STRUCTURE 7 5.3 STRATEGY 7 5.4 GENERIC POSITIONING 7 5.5 KEY STAKEHOLDERS 8 5.6 PERFORMANCE 8 5.6.1 Marketing 8 5.6.2 Operations 8 5.6.3 Human resources 8 5.6.4 Research and development 8 5.6.5 Information Technology 8 5.6.6 Finance 8 6 COMPETITORS ANALYSIS 10 7 SWOT ANALYSIS 11 7.1 STRENGTHS 11 7.2 WEAKNESSES 11 7.3 OPPORTUNITIES 12 7.4 THREATS 12 7.5 POSITIONING OF FEDEX 13 8 RECCOMMENDATION
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Contents Introduction and Orientation to the Topic 4 Report 5 Task 1 5 Defining Quality in Terms of Business 5 Evolution of Total Quality 5 Quality Management Approaches for Walmart 6 Deming’s approach 6 Juran’s Approach 6 Crosby’s approach 7 Similarities and differences among the Suggested Approaches 7 Similarities among Juran‚ Crosby and Deming’s approaches 7 The differences between Juran‚ Crosby and Deming’s approaches 7 Task 2 9 Customer satisfaction 9 Continuous Improvement 9
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It’s clear that learning more about your customer is good. Direct communication with customers enables you to work with them to achieve the best result. This is easy to do for small businesses. On a larger scale it can be more difficult. Questionnaires‚ focus groups and the like aim to achieve the same goal as direct communication. These methods are effective but there is a risk that the VOC will get lost or misheard. For example‚ a questionnaire may ask customers how a firm can improve their
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Introduction to Optimization Linear Programming 1. If an LP model has more than one optimal solution it has an infinite number of alternate optimal solutions. In Figure 2.8‚ the two extreme points at (122‚ 78) and (174‚ 0) are alternate optimal solutions‚ but there are an infinite number of alternate optimal solutions along the edge connecting these extreme points. This is true of all LP models with alternate optimal solutions. 2. There is no guarantee that the optimal solution to an LP problem
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FedEx Corp.: Structural Transformation Through e-Business Pauling Ng and Ali R Farhoomand The University of Hong Kong FedEx has built superior physical‚ virtual‚ and people networks not just to prepare for change‚ but to shape change on a global scale. to change the way we all connect with each other in the new Network Economy. FedEx is not only reorganizing its internal operations around a more flexible network computing architecture‚ but it’s also pulling-in and in many cases locking-in
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