posts in Gene Huang's blog

FedEx Investments, Acquisitions in Latin America Spur Economic Growth

colombia_domestic_service.jpg Often referred to as the “Milan of Latin America,” Medellín, Colombia, is considered by many to be a fashion mecca, a city with sought after production markets in the textile industry. It’s this reputation for success, coupled with growth in other industries like tourism and flower-growing, that have made Medellín an increasingly important economic center for small and medium sized entrepreneurs in Colombia.

Transformation: A Prescription for Growth

Gene's media briefing in BJ.jpg.jpeg When I arrived at FedEx 14 years ago, the term “smartphone” was never used. Social media was virtually unknown, and you often had to wait until a developer handed you an envelope of prints to know what your vacation photos looked like.

It’s amazing how times have changed. Throughout history we have witnessed mind-blowing transformations that have dramatically improved our lives. The first Industrial Revolution brought us railways, steam power and machine tools. Electric power and the internal combustion engine arrived next, and later computer and digital technology. Where would we be today without innovation?

FedEx has also followed a model for innovation and growth...

Quality Vs. Quantity: Why Emerging Markets Must Concentrate on Sustainable Growth

EX1151_6.jpg As Brazil prepares to host two premier sporting events, the FIFA World Cup in 2014 and the Summer Olympics in 2016, some predict that the country will invest more than $60 billion USD in public works projects ranging from road expansions to the improvement of telecommunications networks. The infrastructure upgrades are not only necessary to accommodate the enormous amount of visitors these sporting events will bring to Brazil, but also to help solidify that country’s standing as an emerging market for growth.

As economic powerhouses, like the United States, faltered during The Great Recession that hit a few years ago, emerging markets like Brazil, Russia, India, China and South Africa were cast onto the world stage—spotlighted as the next phase of global economic growth. According to a recent article by McKinsey & Company, emerging market cities will generate more than 45 percent of global GDP growth between 2007 and 2025. The report also notes that the need to prioritize sustainable growth in emerging markets has never been more urgent. By sustainable development, the article refers to economic growth that improves lives without exhausting the environment or other resources.

The Economy of Health Care: Why Breakthroughs in Medicine Create Growing Demand

ACC_033.jpg How old is the oldest person you know personally? 80? 90? 100?

These numbers are well within reach given today’s life expectancy. Had I asked the same question in 1913 instead of 2013, the answers may have been more like 50 or 55. The average life expectancy continues to rise, and with it, new trends in the global health care industry.

The Great Recession showed us that the health care industry could stand up to the sharp economic downturn. While sales of health care supplies and equipment still faced economic decline—about three percent— the industry fared much better than others included in the S&P 500, many of which saw business decline 20 percent.

Housing Market Recovery Improves Consumer Confidence

housing_market_fedex.jpg
The “American Dream” is defined by the idea that the harder you work, the greater your chance for prosperity and success—a solid education, a steady job and that home with a white picket fence. For so long, your house was not only a symbol of what you had accomplished, but also considered a safe and profitable investment because over time its value would appreciate.