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In Today’s Global Environment Larry Butz February 18, 2008 Innovation.

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Presentation on theme: "In Today’s Global Environment Larry Butz February 18, 2008 Innovation."— Presentation transcript:

1 in Today’s Global Environment Larry Butz February 18, 2008 Innovation

2 As a result of your efforts the developed world has become a healthier, safer, and more productive place to live with many positive aspects—longer and healthier lives, improved work and living conditions, global communications, ease of transit, and access to art and culture, etc

3 Engineering & Management Expertise Product & Technology Development Manufacturing Technologies Process & Cost Improvement Professional & Expert Services Business Improvement Customer & Markets Globalization Serving the HVAC & Manufacturing Industries

4 The Changing Face of Innovation In the U.S. Science and Engineering Indicators 2008 - NSF

5 The Changing Face of Innovation In the U.S. Science and Engineering Indicators 2008 - NSF

6 Global Engineering Salaries Table 3 – Annual Salary Requirements for an Engineer in Selected Countries – United States 1.0 $70,000 – Hungary 0.367 $25,690 – China 0.216 $15,120 – Russia 0.206 $14,420 – India 0.194 $13,580 Source - Ron Hira, Columbia University IEEE 2003 Report to House of Representatives

7 Technology Excellence & Innovation The U.S. has traditionally been the leader in fostering creativity and innovation

8 The Changing Face of Innovation Globally Science and Engineering Indicators 2008 - NSF

9 The Changing Face of Innovation Globally By 2003 China had become the third largest R&D-performing country, behind only the United States and Japan, in part reflecting the growth of R&D performed by foreign-owned firms based in China OECD Summary 2005

10 The Changing Face of Innovation Globalization New and more International Competitors New and Different Markets Emergence of new Regional & Global Standards Globally collaborative teams/projects Workforce Mobility 24/7 Internet Speed Change

11 Technology Development & Protection Multi-national companies Emerging role of new small businesses The Changing Face of Innovation Businesses

12 GEA Consulting – La Crescent, MN – Engineering Services Springboard Engineering – Newton, IA – a new business …45 former Maytag engineers designing and testing appliances for several companies including Whirlpool Expertise for specific industries

13 Today’s Engineers Essential attributes excellence in communication (with technical and public audiences) ability to communicate using technology understanding of the complexities associated with a global market Flexibility mutual respect

14 Software Fluency Internet Savvy People Skills Open to Change Communications Skills Cultural awareness Technical Competence Today’s Engineers Essential attributes

15 The Environment

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17 Larry Butz GEA Consulting 2420 N Pine Creek Rd La Crescent, MN 55947 LButz@gea-consulting.com Tel: 507-895-6826 www.gea-consulting.com


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