Economic Disruptors: Globalization and Technology
Globalization, along with rapid innovation in production technologies, has laid the foundation for the current period of accelerated disruption in U.S. manufacturing processes. In this webinar, MAPI Foundation Chief Economist Cliff Waldman will discuss the impact of technological change. He will address:
- Are scale economies in a range of manufacturing industries changing to the extent that smaller companies will be incentivized to enter markets that have been dominated by large enterprises?
- How is technology changing all aspects of human capital, including hiring, training, and retention? Specifically, will technological change, in tandem with labor-constraining demographic shifts, mean that the very definition of a “manufacturing job” will change?
- How are technological disruption and urbanization going to change the shape and operation of supply chains? How will technology impact supply chain efficiency, complexity, size, and visibility?
- How will the rapid spreading of new process technologies impact product innovation? Will a more customer-driven supply chain and a more customer-driven product development process be the intervening forces to translate a process revolution into a product revolution?
- What role will technology play in solving the current problem of weak labor productivity growth in U.S. manufacturing?
We want your questions! Please include questions you have during the registration process or during the webinar itself.
Cliff Waldman is chief economist at the MAPI Foundation. He regularly writes and speaks on U.S. and global economic trends, including the productivity dynamics of manufacturing, demographics, 3D printing, and advanced manufacturing clusters.
Cliff was awarded the 2016 Edmund A. Mennis Contributed Paper Award by the National Association for Business Economics (NABE) for his report on The Evolving Contours of Productivity Performance and Automation Investment in U.S. Manufacturing. He also wrote with former colleague Jeremy Leonard, a cutting-edge study on manufacturing innovation that was published in the October 2007 edition of Business Economics, for which they received an award for outstanding contributed paper. He is regularly invited to speak at industry events and corporate meetings, including with IEEE, Kaman Corporation, and Southern Governors' Association.
He previously worked as a research economist for the New Jersey Department of Labor, within the research arm of the National Federation of Independent Business (NFIB), and as president of Waldman Associates, an economic consulting firm in Arlington, VA. He holds an M.A. and a B.A. in economics from Rutgers University.