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Thursday, March 02, 2017 9:52:25 AM
CEO of GE Addresses Additive Manufacturing and Globalization in Letter to Shareholders
3dprint.com's Hannah Rose Mendoza offers her take on Jeff Immelt's letter to GE shareholders - CEO of GE Addresses Additive Manufacturing and Globalization in Letter to Shareholders - Mar 1, 2017
While there's not a lot about additive manufacturing the editorial is very well written.
An excerpt:
The current administration has ridden to power on, among other things, the idea that America is losing in the global economy. Setting aside the readily fabricated proof offered by the administration, there is a very real feeling by many Americans that there is not only a lack of employment opportunities, but also a dearth of possibilities for rising above a simply everyday economic struggle. Sending jobs overseas takes its fair share of the blame and companies, current President’s included, have undoubtedly taken advantage of lower costs of production elsewhere.
However, in today’s economy, it’s no longer a matter of simply throwing more man-power at a problem; instead the solutions come in the forms of what Immelt terms the “Industrial Internet” and additive manufacturing. Being aggressive in adopting and adapting in these two arenas are part of what has created GE as a global leader in the economy, driving the creation of opportunity, instead of operating as an economic scavenger picking up pieces as it finds them. In this, Immelt addresses the popularly held misconception that the rise of technology ultimately and inevitably leads to the loss of on-the-ground jobs and consolidation of wealth only in the hands of a few power brokers.
I have only one relatively minor disagreement with Hannah Rose Mendoza and it's found in her concluding paragraph.
"In other words, we’re all in this together; what is good for the goose is good for the gander. The letter is brief, and therefore offers an incomplete picture, and the idea of exactly who the global elite are is ill-defined at best, but the tone of the letter is interesting and one worth studying: more responsibility for companies to invest and more opportunity for workers to work. It’s not a solution, but it’s an interesting place to start. Discuss in the GE forum at 3DPB.com."
The letter may offer an incomplete picture but it's anything but brief. It's on multiple web pages. Holy crap, I still haven't finished it.
All in all, good on you Ms. Mendoza.
3dprint.com's Hannah Rose Mendoza offers her take on Jeff Immelt's letter to GE shareholders - CEO of GE Addresses Additive Manufacturing and Globalization in Letter to Shareholders - Mar 1, 2017
While there's not a lot about additive manufacturing the editorial is very well written.
An excerpt:
The current administration has ridden to power on, among other things, the idea that America is losing in the global economy. Setting aside the readily fabricated proof offered by the administration, there is a very real feeling by many Americans that there is not only a lack of employment opportunities, but also a dearth of possibilities for rising above a simply everyday economic struggle. Sending jobs overseas takes its fair share of the blame and companies, current President’s included, have undoubtedly taken advantage of lower costs of production elsewhere.
However, in today’s economy, it’s no longer a matter of simply throwing more man-power at a problem; instead the solutions come in the forms of what Immelt terms the “Industrial Internet” and additive manufacturing. Being aggressive in adopting and adapting in these two arenas are part of what has created GE as a global leader in the economy, driving the creation of opportunity, instead of operating as an economic scavenger picking up pieces as it finds them. In this, Immelt addresses the popularly held misconception that the rise of technology ultimately and inevitably leads to the loss of on-the-ground jobs and consolidation of wealth only in the hands of a few power brokers.
I have only one relatively minor disagreement with Hannah Rose Mendoza and it's found in her concluding paragraph.
"In other words, we’re all in this together; what is good for the goose is good for the gander. The letter is brief, and therefore offers an incomplete picture, and the idea of exactly who the global elite are is ill-defined at best, but the tone of the letter is interesting and one worth studying: more responsibility for companies to invest and more opportunity for workers to work. It’s not a solution, but it’s an interesting place to start. Discuss in the GE forum at 3DPB.com."
The letter may offer an incomplete picture but it's anything but brief. It's on multiple web pages. Holy crap, I still haven't finished it.
All in all, good on you Ms. Mendoza.
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