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In 1996, the Strategic Leadership Forum inaugurated the Peter F. Drucker Strategic Leadership Award, presenting the first award to Mr. Drucker himself in honor of his life‐time contribution to strategic management and strategic thinking in business and education. At that time, we announced that an annual award would be given to business leaders who have created strategic competitive advantage in their organizations or have reached a level of unprecedented achievement using Peter Drucker's principles. It was with intense pride that the 1997 award was presented to Frederick W. Smith, chief executive officer of the Federal Express Corporation, at SLF's International Conference in Washington, D.C.

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