in Today’s Global Environment Larry Butz February 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 Innovation In the U.S. Science and Engineering Indicators NSF

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

Global Engineering Salaries Table 3 – Annual Salary Requirements for an Engineer in Selected Countries – United States 1.0 $70,000 – Hungary $25,690 – China $15,120 – Russia $14,420 – India $13,580 Source - Ron Hira, Columbia University IEEE 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 Innovation Globally Science and Engineering Indicators NSF

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

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

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

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 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

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

The Environment

Larry Butz GEA Consulting 2420 N Pine Creek Rd La Crescent, MN Tel: