I know there is a lot at stake within the European Union and debt decisions can't be made on the fly. But I'm growing tired of the unending cycle of proposals and backoffs and proposals and... The longer this goes on, the longer the market will suffer.
I suppose that is what happens when the politicians posture and agree on something and then the economists come in, crunch the numbers and decide that is not the case. However, it is surprising that they let that happen knowing how the uncertainty feeds into the vicious cycle called depression
@damilare - right, maybe there are too many chefs in the kitchen right now. But during good times everyone's rolling in dough and willing to turn a blind eye to out of control spending and lending. Fiscal responsibility means managing the bad times AND the good times.
@Barbara - I agree... a lot of the posturing has stop, and basically everyone on this side of the pond (myself included) need to knuckle down and deal with tough policy decisions.
Europe IT companies are in trouble like many other companies in the eurozone. But I think this is a global trend that is not limited to Europe only. Hopefully that will not drag the world economy down.
Jenn, your perspective is so valuable--it's easy to sit in the (albeit stuggling) US and solve Europe's problems from a distance. That said, indications on recent conference calls are businesses losing confidence in the EU market and in fact, one company has "de-selected" Italy as one of its locations. They'll support their customers from other regional sites. I really hope progress is made soon....
I don't think it's a healthy picture for Europe here at least from the perspective of electronic industry. Any idea how other industries are coping up? Are they also undergoing the same situation?
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.
Archived Dialogues
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.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
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.
To save this item to your list of favorite EBN content so you can find it later in your Profile page, click the "Save It" button next to the item.
If you found this interesting or useful, please use the links to the services below to share it with other readers. You will need a free account with each service to share an item via that service.
Tweet This
