"In the military, leadership means getting a group of people to subordinate their individual desires and ambitions for the achievement of organizational goals. And good leadership has very measurable effects on a company's bottom line." Fred Smith, FedEx founder
Frederick W. Smith
Frederick W. Smith is chairman, president and chief executive officer of FedEx Corporation. Smith served as an officer in the U.S. Marine Corps in Vietnam from 1966-1970 flying more than 200 ground-support missions before he was honorably discharged, as captain, with a Silver Star, a Bronze Star, two Purple Hearts and a profound sense of what it means to be a leader. At just 27 he founded FedEx in 1971. Forty-two years later, he's still at the helm and attributes the success of the company to leadership, pure and simple - something he picked up from his years in the military, and from his family.
The FedEx School of Leadership is based on military principles. With
One of the first things that you learn going through military officer training is this principle: 'Your troops eat first. You eat last.' In the corporate world this simply means 'Take care of your people'
Whilst speaking on leadership Smith said: “The greatest leadership principle I learned in the Marine Corps was the necessity to take care of the troops in a high performance based organization."
Today, FedEx is a $32 billion global transportation and logistics company, serving over 220 countries and territories. Operations include more than 670 aircraft and 70,000 vehicles. Some 260,000 employees and independent contractors worldwide handle more than 6 million shipments each business day.