Comments on: Obama declares ‘Justice Served’: Impact to Manufacturing?

By: Chet Namboodri

Chet Namboodri — Thu, 05 May 2011 04:31:22 +0000

Thank you, Kevin, for these wonderful insights!

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By: Kevin Davenport

Kevin Davenport — Thu, 05 May 2011 00:51:07 +0000

Hi Chet,

Very interesting and timely blog. The main engine that drives capitalism in a “true” democratic society is innovation, creativity and a sheer passion and desire to produce products and solutions that adds value to the quality of life and environment. With that said….you need money and investment to make innovation a reality.

The biggest long term threat to the US manufacturing sector is the divestment considerations and actions being taken by our public entities toward our educational institutions and infrastructure. Ironically, this in large part is due to an eroding tax base that was spawned by, in some instances, entire manufacturing industries and the ecosystem supporting it migrating overseas.

So, I believe public-private partnerships are paramount in revitalizing our economy and global competitiveness. The public sector must inject investment into the private sector (educational and business institutions), and in turn the private sector must re-deposit profits back into the public sector, specifically our educational system.

A current example of this revitalization paradigm is GE Appliances & Lighting unit ( http://www.bloomberg.com/video/68368552/ ). Where James Campbell, chief executive officer, discusses the competitiveness of U.S. manufacturing and the company’s initiative to create more domestic jobs.

Main point. Own and control the whole manufacturing value cycle. Interesting. Moving away from outsourcing.

Stay tuned……

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By: Chet Namboodri

Chet Namboodri — Wed, 04 May 2011 14:37:05 +0000

Stuart – wow! Thank you for your comment, and I agree with you that we need to continue to fuel this manufacturing-led recovery from the Great Recession, with holistic public-private partner programs that resource innovation, infrastructure, standards unification, education and best practice sharing. This is the intent with the Smart Manufacturing Leadership Coalition.

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By: Stuart Robinson

Stuart Robinson — Wed, 04 May 2011 11:17:02 +0000

Hi Chet

In these days of austerity right across the globe productivity and job creation will only occur when public sector $s are re-distributed to the private sector. All the ’09 stimulus packages have kick-started the new economies but we need more to create the new wealth, profits and prosperity.

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By: Chet Namboodri

Chet Namboodri — Wed, 04 May 2011 07:00:06 +0000

Thank you for your comment, Guy. Indeed, time will tell how committed U.S. (and UK) governments are to strengthening and sustaining manufacturing economies, over the long haul.

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By: Guy Denis

Guy Denis — Wed, 04 May 2011 06:56:48 +0000

Chet, it is good to see that the US (& UK) Govts are recognising & getting behind the fact that manufacturing scale & leadership is the only way for countries to generate long term economic growth, stability & prosperity. It will be interesting to follow how much investment the US Govt puts in over the long term to the US manufacturing sector.

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