FranklinCovey 1441639 206304810 2008-04-17T18:59:29Z TrustTruth 404398 [[WP:UNDO|Undid]] revision 206275496 by [[Special:Contributions/6.3.55.1|6.3.55.1]] ([[User talk:6.3.55.1|talk]]) {{otheruses4|a company|the stadium in Salt Lake City|Franklin Covey Field}} {{Infobox Company | company_name=Franklin Covey Co. | company_logo=[[Image:Franklin Covey logo.gif]] | company_type=[[Public company|Public]] ({{NYSE|FC}}) | foundation=[[May 30]], [[1997]] | location=[[West Valley City, Utah]] | key_people=Robert Whitman, [[Chairman of the board|Chairman]]/[[Chief executive officer|CEO]] <br />Stephen Young, [[Chief Financial Officer|CFO]]/[[Chief Accounting Officer|CAO]]/[[Vice President|VP of Finance]]/[[Controller]] <br />[[Stephen R. Covey]], Co-Founder <br />[[Hyrum W. Smith]], Co-Founder | industry=Education and training services | products=Planners and effectiveness training| revenue={{profit}} $282.6 million [[United States dollar|USD]] ([[2005]]) | homepage=[http://www.franklincovey.com/ www.franklincovey.com]}} '''FranklinCovey''' ({{NYSE|FC}}), based in [[West Valley City, Utah]], is a provider of time management training and assessment services for organizations and individuals. The company was formed on [[May 30]], [[1997]], as a result of an acquisition by Franklin Quest of [[Stephen R. Covey|Stephen R. Covey's]] Covey Leadership Center. Among other products, the company markets the FranklinCovey planning system, modeled in part on the writings of [[Benjamin Franklin]], and ''[[The Seven Habits of Highly Effective People]]'', based on Covey's research. The company operates approximately 80 retail stores throughout the United States and has sales channels in more than 50 countries worldwide. == Effect of Acquisition == [[Hyrum W. Smith|Hyrum Smith]], CEO of Franklin Quest, expected the acquisition would increase the company's market value, through the synergistic combination of Covey's [[The Seven Habits of Highly Effective People|Seven Habits]] book with the Franklin Planner and its associated training courses. However, after the merger the company's stock price dropped from around $20 per share to a low of under $1 per share in early 2003. As of [[June 1]], [[2006]], it was trading around $7 per share.{{Fact|date=October 2007}} == Products == The company continues to market the FranklinCovey planning system [[Franklin Planner]] through its own stores and through other retailers including [[Office Depot]], [[Staples]], [[Office Max]] and has expanded into licensing the FranklinCovey brand to planners offered at non-FranklinCovey retailers such as the "365" line at [[Target Corporation|Target]] and the "DayOne" line at [[Wal-Mart]]. The company markets a variety of book and audio products based on Covey's 7 Habits material, as well as numerous titles by other FranklinCovey consultants. The company also offers two main training courses: one based on ''[[The Seven Habits of Highly Effective People]]''; and another based on the original FranklinQuest time management program, now titled ''Focus''. Additionally, FranklinCovey has launched a line of new training and consulting products focusing on leadership and organizational alignment. Software implementation of the company's planning system is named "[[PlanPlus for Windows]]", and an online version is offered under the brand "PlanPlus Online". == Current Leadership == Since the acquisition, both Covey and Smith have stepped down from the Co-Chairman/Co-CEO positions in favor of Robert Whitman, who also took an investment position in the company. == Mission == FranklinCovey's [[mission statement]] reads: "We enable greatness in people and organizations everywhere." '''Foundational Beliefs''' 1. People are inherently capable, aspire to greatness, and have the power to choose. 2. Principles are timeless and universal, and are the foundation for lasting effectiveness. 3. Leadership is a choice, built inside out on a foundation of character. Great leaders unleash the collective talent and passion of people toward the right goal. 4. Habits of effectiveness come only from the committed use of integrated processes and tools. 5. Sustained superior performance requires the P/PC Balance—a focus on achieving results and on building capability. '''Values''' 1. Commitment to Principles: We are passionate about our content, and strive to be models of the principles and practices we teach. 2. Lasting Customer Impact: We are relentless about delivering on our promise to our customers. Our success comes only with their success. 3. Respect for the Whole Person: We value each other and treat each person with whom we work as true partners. 4. Profitable Growth: We embrace profitability and growth as the lifeblood of our organization; they give us the freedom to fulfill our mission and vision. == External links == * [http://www.franklincovey.com/ FranklinCovey home page] * [http://www.franklincoveyeurope.com/ FranklinCovey's UK and Ireland home page] * [http://finance.yahoo.com/q/pr?s=fc FranklinCovey Yahoo! Finance Profile] * [http://www.franklincovey.com/fc/training_and_consulting FranklinCovey Training and Consulting] * More information on [https://www.franklincoveycoaching.com/ FranklinCovey Personal Coaching] * FranklinCovey history at [http://www.fundinguniverse.com/company-histories/Franklin-Covey-Company-Company-History.html Funding Universe] [[Category:Companies established in 1997]] [[Category:Companies based in Utah]]