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Fred Smith

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
762 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

So have you ever really looked at the FedEx logo?

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

There's an arrow hidden between the E and the X, and most people never notice it.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

But once you see it, you can't unsee it.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Designer Lyndon Leader created it in 1994, not Fred Smith.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

But Smith loved it immediately.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

That hidden arrow works on your brain without you knowing it.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

It implies forward movement, precision, purpose.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Every FedEx truck is carrying a subliminal message about what the company does.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Two, why the money back guarantee actually worked.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

FedEx promised overnight delivery or your money back.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

And it sounds like marketing and it kind of is, but it's Fred's sneakiest management tool ever.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Every late package meant lost money.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

No excuses, no blaming other departments, no hiding behind weather or traffic.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

If you're late, you pay.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

This one policy created more accountability inside FedEx than a thousand meetings ever could.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

It turned every employee into an owner because failure hit the bottom line immediately.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

It also signaled to companies that you could trust us to get your package there.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Okay, and finally, when UPS went on strike in 1997, FedEx employees voluntarily worked 16 hours a day to handle nearly 800,000 extra packages a day.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

No overtime demands, no complaints, nothing.

The Knowledge Project
Fred Smith: The Story of FedEx [Outliers]

Just people protecting their company.