Category Archives: Leadership

Why progress always ‘puts people out of work’

Dr. John Psarouthakis, Executive Editor of www.BusinessThinker.com, Founder and former CEO, JP Industries, Inc., a Fortune 500 industrial corporation, Adjunct Professor(ret.), Ross School of Business, University of Michigan.


Let’s refine our definition of “the employment problem” by understanding that the biggest, most labor-intensive companies—the kind that absorbed all those farm laborers and created the 20th-Century middle-class—were inevitably destined to become not “centers of employment,” but centers of unemployment.

Here we begin by recounting my Grand Rapids speech and go on to explain the Vector One and Vector Two phenomenon, the entire phenomenon of ever-more-efficient companies and organizations (or entire sectors, like our friends the farmers) becoming smaller and smaller in terms of employment. Meanwhile, new technologies and new products and new market forces breed “job creation” elsewhere in the economy. A company or even an entire sector must do things better and more efficiently, or die. They eventually will die anyway unless they reinvent themselves as producers of new goods and services rather than inevitably obsolete goods and services.

Continue reading



Education isn’t everything, but it’s close

Dr. John Psarouthakis, Executive Editor of www.BusinessThinker.com, Founder and former CEO, JP Industries, Inc., a Fortune 500 industrial corporation, Adjunct Professor(ret.), Ross School of Business, University of Michigan.

Review and evaluate schools  from MIT to the local community college in asserting the importance of learning—from the most advanced science lab to technical training that might make an “obsolete” factory to an  employ getting a job again. Use, in detail, the JPI retraining scheme as a microcosmic example of the path we need to think in at all levels during a time of sweeping workplace transition. This summary is lame compared to the relevant chapter in the reference below.

Reference:
“The Technology Imperative: What Jobs! Jobs! Jobs! Really Means in the 21st Century”, John Psarouthakis, Gavdos Press, October 2012.
Contact via email:   drjohnps@hotmail.com



Bring Back Manufacturing Jobs

Dr. John Psarouthakis, Executive Editor of www.BusinessThinker.com, Founder and former CEO, JP Industries, Inc., a Fortune 500 industrial corporation, Adjunct Professor(ret.), Ross School of Business, University of Michigan.

President Trump promised that he will bring back manufacturing jobs that in recent years moved to other more “competitive” countries. That is a great objective for our employment and economic expansion.

I wish him success.

In late 2012 I wrote a book titled “Th Technology Imperative: What Jobs! Jobs! Jobs! Really Means in the 21st Century”

Here are issues addressed in my book. Certain brief summaries have been posted and the others will be posted.  The linkages are shown just under the headings.

  1. Some Things Are Not Reversible  http://businessthinker.com/some-things-are-not-reversible/
  2. To Solve a Problem, First Define It
    http://businessthinker.com/to-solve-a-problem-first-define-it/
  3. Forget planned obsolescence; it will happen, planned or not
    http://businessthinker.com/forget-planned-obsolescence-it-will-happen-planned-or-not/
  4. The other elephant in the room (and every room in the whole world)
  5. Why progress always ‘puts some people out of work’
  6. Manufacturing, despite all that, remains crucial to our economy
    http://businessthinker.com/manufacturing-despite-all-that-remains-crucial-to-our-economy/
  7. Education isn’t everything, but it’s close
  8. So can we ‘define the problem’ now?
  9. The problem defined
  10. Avoiding dystopia
  11. In addition to bringing back jobs here is a suggested solution for expanding our economy and maintaining improving employment:
    http://businessthinker.com/a-new-economic-growth-corporation-the-egc/

Reference:

“The Technology Imperative: What Jobs! Jobs! Jobs! Really Means in the 21st Century”, John Psarouthakis, Gavdos Press, October 2012.

Contact via email:   drjohnps@hotmail.com