Seattle, WA (August 6, 2009) - The Institute for Corporate Productivity (i4cp), the world's largest vendor-free network of organizations focused on improving workplace productivity, announced today that FedEx Ground (NYSE:FDX), The Gap (NYSE:GPS) and Yum! Brands (NYSE:YUM) are among several companies which have recently become corporate members.
i4cp, which has been helping companies of all sizes improve workforce productivity and enterprise performance for over 40 years, will serve as a strategic resource for these new members moving forward. i4cp's offerings include access to a continuously updated database of research, trends and next practices, networking and collaboration with peers in high performing organizations and interactive benchmarking tools.
FedEx Ground, The Gap and Yum! Brands, as well as other member organizations, have direct access to i4cp's research team and thought leader network to improve organizational productivity. i4cp, which boasts one of the highest member renewal rates in the industry, constantly aids in project research as part of membership, including customized survey creation, environmental scanning and peer exchange facilitation.
"i4cp is thrilled to have these new members on board. All of these companies are dedicated to improving workplace productivity and enhancing their strategic approach to increasing their status as a high performing organization," said i4cp CEO Kevin Oakes. "Their participation in the i4cp network shows that they want to be increasingly innovative in the years ahead. Our current members, the majority of which are Fortune 500 companies, will also benefit from the experience and insights these leading companies are bringing to i4cp."
These companies join other recent additions that include the Catholic Health Association, Arizona Public Service Company, AllianceOne and HSN. Inc. (NASDAQ: HSNI), among others.
About i4cp, inc.
i4cp is the world's largest vendor-free network of corporations focused on improving workforce productivity. Our vendor-free community facilitates innovation by giving our members - among the largest and most respected organizations in the world - access to:
- Peers to spark new ideas and prevent "reinventing the wheel,"
- Research to enable members to understand current practices and next practices,
- Tools to put ideas and research into action,
- Technology to enable members to easily access tailored information and execute workforce strategies.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $35 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 280,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.
About Gap Inc.
Gap Inc. is a leading global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic, Old Navy, Piperlime and Athleta brand names. Fiscal 2008 sales were $14.5 billion. Gap Inc. operates more than 3,100 stores in the United States, the United Kingdom, Canada, France, Japan and Ireland. In addition, Gap Inc. is expanding its international presence with franchise agreements in Asia, Europe, Latin America and the Middle East. For more information, please visit gapinc.com.
About Yum! Brands
Yum! Brands, Inc. (NYSE:YUM), based in Louisville, KY, is the world's largest restaurant company in terms of system restaurants, with more than 36,000 restaurants in over 110 countries and territories. The company is ranked #239 on the Fortune 500 list, with revenues in excess of $11 billion in 2008. Four of the company's restaurant brands - KFC, Pizza Hut, Taco Bell and Long John Silver's - are the global leaders of the chicken, pizza, Mexican-style food and quick-service seafood categories, respectively. Outside the United States, the Yum! Brands system opened more than four new restaurants each day of the year, making it the leader in international retail development. The company has consistently been recognized for its reward and recognition culture, diversity leadership, community giving, and consistent shareholder returns. For the second year in a row, the company launched the world's largest private-sector hunger relief effort in partnership with the United Nations World Food Programme and other hunger-relief agencies. To date, this effort is helping to save approximately four million people in remote corners of the world, where hunger is most prevalent.