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Econnomy booms employment falls
Posted: 10 May 2007

Technology is replacing many routine office tasks especially in engineering where the software packages are now so powerful that a single engineer can do conceptual design, model the item or plant and then break it down into piece-part drawings and even bills of material and spare parts manuals. These workstations are expensive , currently some cost in the region of USD 200 000 but they replace a multitude of people that did the routine detail engineering design work.
This is a trend that has happened over the last 15 years since the common advent of computer aided design packages and has already been optimised in the automotive and mobile equipmment design and manufacturing industries where the engineering costs have risen to the point of unsustainability and have had to be contained. The next industry to be affacted will be the capital projects industry that still use large drawing offices who have modernised only in that they have removed the traditinal drawing board and replaced it with a computer. The next generation of engineers in this capital projects business will have to do the conceptual work as well as the detail design because drafting costs are reaching unsustainable levels with the shortage of experienced resources.

MindBullet logo ECONOMY BOOMS - EMPLOYMENT FALLS
If you're not an entrepreneur, prepare to be unemployed
Dateline: 12 December 2012
Last week's Fortune 500 conference hosted in Berlin reported sobering numbers. Globally, 2007 was the peak year for the number of people in formal employment in large companies. For the past five years the numbers have dropped each year. Now they are down by more than 20 million jobs. Today's global leaders are increasing their economic power, but are shedding formal jobs at an alarming ...
 
John Menasce Hi wolfgang,
something not right onthe website as it won't accept the reply.
Posted: 11 May 2007 at 08:48
John Menasce HI Wolfgang,
This is going to be a huge step for analytical engineers. Many of them are not socially comfortable and prefer to stay behind the computer or their desk rather than expose themselves to the entrepreneural world outside. The Dilbert cartoon is so very tyical of the analyst and the analytical style personality. I'm speaking from good experience here as I manage a whole team of these guys [temper tantrums, egos, obsessive opinions, lack of tact etc]!! What is going to happen to the "Dilbert" of the engineering, accounting and other applied sciences professions under these conditions?
Posted: 11 May 2007 at 08:46
Wolfgang Grulke As the capital cost of this stechnology falls dramatically, many of these new engineering jobs will be done by networked entrepreneurial engineers who will shed the corporate comforts for the ability to sell their pwersonal excellence on the open markets of our increasingly 'flat world'.

Even engineers will have to be entrepreneurs to succeed big!
Posted: 10 May 2007 at 17:30
 
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