What to do in a declining market
Oct 17, 2001 5:51 pm, by Jim Pinto
Subject : Automation Business
from the Automation List dept.
Text :
Automation List :

Today, most industrial automation companies are reporting economic setbacks. Larger companies are under pressure, with declining sales and profits causing a wave of mergers, consolidations and layoffs that will continue to change the landscape.

In this changing scenario, what's a budding young controls and instrumentation engineer or technician to do? Or, for that matter, if you have already spent several years in the instruments business, should you simply wait for
the ax to fall?

Rather than suggest you defect to other "burgeoning" markets, I'd like to propose more practical directions that combine your own personal strengths with new thinking in a new economy.

Read my latest article on the back page, Industry View section of the latest October 2001 InTech magazine.

Read the latest InTech - October 01 :
http://www.isa.org/journals/intech/opinion/1,1163,385,00.html

Read the article on the JimPinto.com website :
http://www.jimpinto.com/writings/paydailydues.html

I'll appreciate your feedback.

Cheers:
jim
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Jim Pinto
Tel : (858) 353-JIMP (5467)
email : jim@jimpinto.com
web: www.JimPinto.com
San Diego, CA., USA
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