Innovative Function FedEx Had Spent Thesis

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Yet, the result of their failure to achieve innovation in the wake of their purchase of Kinko's resulted in significant losses, writedowns and a loss of both prestige and market share. FedEx experienced this failure on several levels. They failed to adapt their culture to accommodate the differences between the two organizations, a move that stifled innovation.

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Moreover, they failed to place emphasis at the organizational level on the importance of innovation to the success of the merger. As a result, employees and managers in both companies were rudderless - they understood neither the need for innovation to the merger nor the importance of it.

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"Innovative Function FedEx Had Spent" (2008, November 02) Retrieved May 18, 2024, from
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