{"392201":{"#nid":"392201","#data":{"type":"event","title":"Seminar - Dr. Larry Burns","body":[{"value":"\u003Cp\u003ETITLE:\u0026nbsp; Making Value: The Future of Manufacturing, Technology and Work\u003C\/p\u003E\u003Cp\u003EABSTRACT:\u003C\/p\u003E\u003Cp\u003EThe scope of manufacturing has expanded beyond the factory floor.\u0026nbsp; In addition to \u201cmaking things,\u201d leading companies are focused on \u201cmaking value.\u201d This entails providing compelling and consistently positive customer experiences by integrating innovation, design, engineering and production throughout the entire value chain. Such experiences have proven to be key to building brand equity and realizing superior financial returns.\u003C\/p\u003E\u003Cp\u003EThis presentation frames the future of manufacturing in terms of \u201cmaking value.\u201d\u0026nbsp; It first views manufacturing as an integrated system that turns resources into compelling customer experiences.\u0026nbsp;\u0026nbsp; It then looks at how emerging technology (e.g., math-based design and engineering, intelligent machine-to-machine systems, additive manufacturing, nano-technology, the materials \u201cgenome\u201d, advanced robotics, and business analytics) is combining with new business models (e.g., selling integrated products and services) to transform how companies compete to make value.\u0026nbsp;\u003C\/p\u003E\u003Cp\u003EThe presentation concludes by summarizing the findings and recommendations of a recently released National Academy of Engineering report focused on \u201cMaking Value for America.\u201d\u0026nbsp; This report emphasizes that\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003EEmerging technologies, increased globalization and novel business models are creating new opportunities for U.S. manufacturing\u003C\/li\u003E\u003C\/ul\u003E\u003Cul\u003E\u003Cli\u003EDemand in developing countries is projected to grow from $12 trillion today to $30 trillion by 2025\u2026. a major opportunity for U.S. exports\u003C\/li\u003E\u003C\/ul\u003E\u003Cul\u003E\u003Cli\u003EUnfortunately, these developments are also creating challenges for many middle class workers\u003C\/li\u003E\u003C\/ul\u003E\u003Cul\u003E\u003Cli\u003EMiddle class wages and employment opportunities have declined\u003C\/li\u003E\u003C\/ul\u003E\u003Cul\u003E\u003Cli\u003EAlmost 50 percent of U.S. jobs could be disrupted by automation in the coming decades\u003C\/li\u003E\u003C\/ul\u003E\u003Ch1\u003EThe best way to help people being left behind is to advance their skills and create an environment for innovation in the U.S. that continually attracts and creates skilled jobs\u003C\/h1\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":"","field_summary_sentence":[{"value":"Seminar - Dr. Larry Burns"}],"uid":"27187","created_gmt":"2015-03-31 15:18:15","changed_gmt":"2017-04-13 21:19:37","author":"Anita Race","boilerplate_text":"","field_publication":"","field_article_url":"","field_event_time":{"event_time_start":"2015-04-07T16:00:00-04:00","event_time_end":"2015-04-07T16:00:00-04:00","event_time_end_last":"2015-04-07T16:00:00-04:00","gmt_time_start":"2015-04-07 20:00:00","gmt_time_end":"2015-04-07 20:00:00","gmt_time_end_last":"2015-04-07 20:00:00","rrule":null,"timezone":"America\/New_York"},"extras":[],"groups":[{"id":"1242","name":"School of Industrial and Systems Engineering (ISYE)"}],"categories":[],"keywords":[],"core_research_areas":[],"news_room_topics":[],"event_categories":[{"id":"1795","name":"Seminar\/Lecture\/Colloquium"}],"invited_audience":[{"id":"78751","name":"Undergraduate students"},{"id":"78761","name":"Faculty\/Staff"},{"id":"174045","name":"Graduate students"}],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[],"email":[],"slides":[],"orientation":[],"userdata":""}}}