Post on 26-Dec-2015
transcript
Global Engineering Professional Seminar
Sean ValentineApril 9, 2009
209Apr2009
Agenda
• Globalization– Trends
– Opportunity or threat?
– Preparation prior to graduation
• Shanghai overview
• Open discussion
309Apr2009
High-level globalization trends
• Manufacturing– 1980s – Mexico, Hong Kong
– 1990s – China, eastern Europe
– 2000s – Brazil, Russia, India, continued eastern Europe migration
– 2010s? – Vietnam, Indonesia, Thailand, Turkey, northern Africa, South Africa
• Engineering– 1980s – Hong Kong
– 1990s – Mexico, Singapore
– 2000s – China, India, eastern Europe, Brazil
– 2010s? – Asia capacity growth
409Apr2009
High-level globalization trends (cont.)
• Driving Force– Competitive cost structure
– Proximity to customers
» Customer support
» Engineering
» Manufacturing
– Proximity to supply base
5
How does Delphi support its international customers?
09Apr2009
Delphi Electronics & Safety Regional Headquarters
09Apr2009 6
Delphi Electronics & Safety North American Principal Locations
09Apr2009 7
Delphi Electronics & Safety South American Principal Locations
09Apr2009 8
Delphi Electronics & Safety European Principal Locations
09Apr2009 9
Delphi Electronics & Safety Asia-Pacific Principal Locations
09Apr2009 10
1109Apr2009
Is globalization an opportunity or threat?
• Global engineering graduates:– Corporate peers / team members in your future company
– Competition for open jobs
• Regional education, engineering applications and best-practices– Allow for diversity and continued evolution
– Allow for total extinction of your local process
» Example: High cost manufacturing labor can be optimized by moving to emerging market or implementing high-technology processes.
……depends on your mindset!
1209Apr2009
How does globalization affect Purdue graduates?
• Your company is using it• Your company’s competition is using it
• How will your skills/education/experience influence your company’s decision-making?
• Future engineering graduates need to stand-out– Specialize (PhD)
– Multi-functional (synthesize, problem-solve, multi-task)
– Ability to create and lead a team toward a vision (long-term focus)
1309Apr2009
What can you do to prepare?
• Acknowledge the world’s changing environment
• Follow international business trends– Helps prepare for interviews and which industries/companies to target
– Stay competitive
• Network with students outside your culture– Understand cultures of the emerging markets
– Learn and appreciate differences (problem-solving methodologies)
1409Apr2009
What can you do to prepare? (cont.)
• Travel /Internship overseas– Purdue’s program with Shanghai Jiao Tong University
• Recommendations– The Post American World, Fareed Zakaria
– Global Public Square, CNN 1pm EST Sundays
– Spend 5 minutes a day analyzing major trends (periodicals/websites). High percentage of online articles have free access.
» Business week
» MIT Sloan Management Review
» Harvard Business Review
» McKinsey Quarterly
1509Apr2009
Globalization take-aways
• Awareness of latest trends
• Planning proactive steps to stay current
1609Apr2009
Shanghai – How to describe the growth?
• Pudong New Area (1988)
1709Apr2009
Shanghai – How to describe the growth?
• Pudong New Area (2005) (Same view)
1809Apr2009
Shanghai – How to describe the growth?
• Pudong New Area (2005)
1909Apr2009
Shanghai – How to describe the growth?
• Shanghai Footprint (2020)
2009Apr2009
Shanghai – 30 years of momentum
• 1978 Open Door Policy by Deng Xiaoping– “It does not matter whether the cat is black or white; as long as it catches the
mouse, it is a good cat.”– Comments on whether China should turn to capitalism– Initiated the promotion of foreign trade and economic investment
• Shanghai designated as economic hub of China
• Fast Facts– 19M population (320k yearly increase)– 4,000 buildings over 18 stories– 20% of the world’s high rise construction cranes– Designated growth areas for specific industries– Political structure supports growth
2109Apr2009
Present Shanghai
• Strong universities• High government support for technology• Higher national regulations on labor laws• Melting pot of cultures
– $$$– Fashion– Arts / Theatre– Traditional culture– Youth movements (Green energy)– Energy, Excitement
• Wide gap between rich & poor• Young engineers are renting apartments and buying cars
for the first time.
2209Apr2009
Future Shanghai
• Manufacturing has already left
• Low-end engineering is moving west
• High-end engineering staying in Shanghai to utilize high-caliber students swarming to cities
• Regional HQ/hub for corporations (similar to NYC)
• Foreign investment is moving west
2309Apr2009
Open discussion
• Questions
• Concerns
• Experiences