Re: Why is the Automation market declining?
Sep 20, 2000 12:32 pm, by Dave Ferguson
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Jim: Companies today are playing the Stock Market investor game and we are all part of it. If my 401K doesn't produce, I switch to another never thinking about the people that I lay off across the country. First comes the wave of re-managing, then automation, then consolodation to save money on infrastructure (duplicate accounting, payroll, purchasing, sales etc) then layoffs etc. The only issue is in the meantime, no-one is making better products and you get knocked off the top of the hill. As you said there are a number of examples farming, steel etc. We are experiencing it in the paper industry. The only issue I have is R&D gets hatcheted as one of the first. And innovation slowly dies and in the end sooner or later YOU HAVE TO MAKE A BETTER PRODUCT, it might not be this year or next but sooner or later .......... This is what keeps getting forgotten in the crazy stock prices world. There is a great Dilbert with Wally and Dilbert watching everyone get laid off and downsized and the next frame looking at their computer and saying "Stock price ....... up three points" and high fiving each other. We are reaping what we sowe (SP) so to speak in this country. We have all heard, who will buy the product when we are all automated .............. I say who will by our product when we have stripped out all the resources to make it better ........................... Stock price ............... Up Three Points ....... Yeh Dave Ferguson Blandin Paper Company UPM-Kymmene DAVCO Automation
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