J
Automation List :
This item, from the recent JimPinto.com eNews,
has attracted a lot of commentary.
Jack Welch, Chairman of General Electric made the following comments recently to a group of Boeing engineers in Seattle:
"When we started our globalization efforts, it was all about selling products offshore. That's Stage 1 of any globalization in my view. Stage 2 is making it and selling it there; Stage 3 is sourcing products and services there.
"Stage 3 is the one we're in now in a big way. It is by far the most difficult - it's globalizing intellect. That really gets close to home. I saw a chart this morning in our lighting business: the average cost of an engineer is $150,000 in
Cleveland, Ohio. The average price in our R&D Center outside Shanghai, China: $17,000. Average price in India: $12,000 for PhDs. Hungary: $24,000.
"The people at GE Lighting have a chart that shows that design engineering is done 60% outside the US now, 40% in the US; and they were planning on going to 35% US-based engineering in 2002. I asked why we aren't targeting for 10% in 2002?
Why are we hanging around Cleveland (laughter in the background) with a bunch of high-paid engineers? We don't need it! It's wrong, it makes no sense! You've got to globalize the
intellect if you're going to compete in a global world."
An interesting follow-on comment came from a Boeing engineer, passed along to the press person reporting the story:
"When will we get to Stage 4 of globalization? A good Indian or Chinese CEO for $100,000 or less!"
Read the original newspaper story :
Boeing Country: Welch talk gets attention of engineers:
"http://www.eastsidejournal.com/sited/story/html/86198":http://www.eastsidejournal.com/sited/story/html/86198
This affects us all, as engineers. It deserves some attention, and commentary on the Automation List.
Cheers::
jim
----------/
Jim Pinto
email : [email protected]
web: www.JimPinto.com
San Diego, CA., USA
----------/
This item, from the recent JimPinto.com eNews,
has attracted a lot of commentary.
Jack Welch, Chairman of General Electric made the following comments recently to a group of Boeing engineers in Seattle:
"When we started our globalization efforts, it was all about selling products offshore. That's Stage 1 of any globalization in my view. Stage 2 is making it and selling it there; Stage 3 is sourcing products and services there.
"Stage 3 is the one we're in now in a big way. It is by far the most difficult - it's globalizing intellect. That really gets close to home. I saw a chart this morning in our lighting business: the average cost of an engineer is $150,000 in
Cleveland, Ohio. The average price in our R&D Center outside Shanghai, China: $17,000. Average price in India: $12,000 for PhDs. Hungary: $24,000.
"The people at GE Lighting have a chart that shows that design engineering is done 60% outside the US now, 40% in the US; and they were planning on going to 35% US-based engineering in 2002. I asked why we aren't targeting for 10% in 2002?
Why are we hanging around Cleveland (laughter in the background) with a bunch of high-paid engineers? We don't need it! It's wrong, it makes no sense! You've got to globalize the
intellect if you're going to compete in a global world."
An interesting follow-on comment came from a Boeing engineer, passed along to the press person reporting the story:
"When will we get to Stage 4 of globalization? A good Indian or Chinese CEO for $100,000 or less!"
Read the original newspaper story :
Boeing Country: Welch talk gets attention of engineers:
"http://www.eastsidejournal.com/sited/story/html/86198":http://www.eastsidejournal.com/sited/story/html/86198
This affects us all, as engineers. It deserves some attention, and commentary on the Automation List.
Cheers::
jim
----------/
Jim Pinto
email : [email protected]
web: www.JimPinto.com
San Diego, CA., USA
----------/