Good to hear that tech starups are optimistic about hiring. But I am not sure if this optimism is going to sustain. One of the biggest threats to this optimism is rising inflation and rising commodity prices. Moreover as the Fed becomes freer and easier with money, the markets become more volatile, undisciplined, and risky.
The smaller the organization or group, the more important a role each member plays in its survival. This often creates a level of necessity to move more efficiently. Afterall power equals the speed at which particles flow. In the case of an organization the particles are the bits of data (information, orders, invoices, approvals, etc.) you must move through the organization.
A good, 7-division organizing board can lay out the pattern very well so that when the group does expand, it will be far less likely to get bogged down in its own tracks.
Our company has the head-quarters in the Sillicon Valley and we can see in first hand the invesment and partnership of medium - large corporations, our company change the bussines model quite often to accomodate the rapid growth and customer demands, market condtions look promising.
And I'll bet you found the smaller organizations quicker on the draw whenever a major change needed to be implemented. A good friend of mine once used the analogy of a ferry we both used often. Once the ship pulled away from the dock it had to do a 180-degree turn in a narrow harbor before it got underway. As you might figure, this was slow process. Methodical and on target, yes, but slow simply because there was so much mass to move. This is often the case in corporations, even though it doesn't have to be.
Tvotapka, I agree ... although my experience has been in the tech manufacturing area (perhaps a little more volatie), my most rewarding jobs have been with small companies. They almost always provide an better environment for organizational and personal growth.
I'm a firm believer in the viability of our life science companies, startup on up the line. Sure employment may be a risk; it is anywhere. However if you can prove you're a producer in any area of the organization, you'll thrive. I've worked with a half-dozen or more leading biotech firms in the last 10 years and only one went through downsizing, and that was due to a relocation from which many employees opted out. And yes, FDA's procedures for product review and approval have been a barrier to product marketing, but not one that truly suppresses R&D.
Startups and small companies are great places to work because of the many opportunities to perfronm tasks outside of the pingeonholed responsibilities that are sometimes established at larger corporations. Startups, specirfically, will be higher risk for long term employment because of the speculative nature of their existance, but they also have the greatest opportunity for rapid growth. Let's hope the economt continues to encourage new tech companies.
It is good to hear the startups are on rise and the job opportunities are also rising. Lifesciences sector is really a big regulated industry beside avionics and automotive. Is there any detailed report avilable on the tech start ups like what are the different sectors these companies are actually going to serve.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.