in Today’s Global Environment

Larry ButzFebruary 18, 2008

Innovation

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

Engineering & Management Expertise

• Product & Technology Development• Manufacturing Technologies• Process & Cost Improvement• Professional & Expert Services• Business Improvement• Customer & Markets

• Globalization

Serving the HVAC & Manufacturing Industries

The Changing Face of InnovationIn the U.S.

Science and Engineering Indicators 2008 - NSF

The Changing Face of InnovationIn the U.S.

Science and Engineering Indicators 2008 - NSF

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 UniversityIEEE 2003 Report to House of Representatives

Technology Excellence & Innovation

The U.S. has traditionally been the leader in fostering creativity and innovation

The Changing Face of InnovationGlobally

Science and Engineering Indicators 2008 - NSF

The Changing Face of InnovationGlobally

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

The Changing Face of InnovationGlobalization

• 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

• Technology Development & Protection

• Multi-national companies

• Emerging role of new small businesses

The Changing Face of InnovationBusinesses

• 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

Today’s EngineersEssential 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

• Software Fluency• Internet Savvy• People Skills• Open to Change• Communications Skills• Cultural awareness• Technical Competence

Today’s EngineersEssential attributes

The Environment

Larry ButzGEA Consulting

2420 N Pine Creek RdLa Crescent, MN 55947

LButz@gea-consulting.comTel: 507-895-6826

www.gea-consulting.com