The following article was first published in the December 2009 issue of the now defunct Today’s Fluid Power magazine.
In our previous article we discussed the need to develop programs to teach engineering, and specifically fluid power principles, to children starting in kindergarten or pre-K to spark interest in the profession and the industry. We briefly stated the reason for this need for new programs is the declining math and science scores of United States youth as they get older, and the shortage of people with fluid power skills.
Why is there a workforce shortage?
The American Baby Boomer generation is retiring or will be retiring over the next 20 years — taking with them their many skills. At the same time, Americans aged 25–34 today don’t possess higher skills than do their baby boomer parents according to The Accelerating Decline in America’s High-Skilled Workforce: Implications for Immigration Policy.
The US Census Bureau states the number of people aged 55 and older will increase to 73% of the total US population by 2020, while the number of younger workers will grow only 5%. Combine those statistics with the Hudson Institute’s estimates of nearly 40% of America’s skilled-labor force retiring in the next 5 years, and you have a massive skilled workforce shortage — one the US Bureau of Labor Statistics states will grow to 5.3 million by 2010 and to 14 million by 2015.
The National Science Board’s Science and Engineering (S&E) Indicators 2008 reports the problem is even more exaggerated in the science and engineering workforce where more than half of workers with S&E degrees are age 40 or older, and the 40–44 age group is more than two times as large as the 60–64 age group. Read more
This article was first published in the September 2009 issue of the now defunct Today’s Fluid Power magazine.
Fluid power isn’t sexy.
That’s the conclusion the international fluid power industry came to in 2007 as the reason why there is a shortage of people with fluid power skills influencing design decisions regarding which motion control technologies to use. The fluid power industry isn’t the only industry seeing this image problem. It’s a systemic crisis that permeates the entire US culture.
A 2008 Harris Interactive study for the American Society for Quality found that 44% of kids, ages 8-17, don’t know much about engineering, and 30% of the respondents want a more exciting profession than engineering. While 97% of parents stated they believe that knowledge of math and science will help their children have a successful career, only 20% encourage/will encourage their sons or daughters to become engineers.
The study further reports that kids don’t feel confident enough in their math or science skills (21%) to be good at engineering — despite the fact that the largest number of kids ranked math (22%) and science (17%) as their favorite subjects.
OK. We now know what the problem is so how do we fix it?
The US fluid power industry decided to develop alliances with FIRST (Foundation for the Inspiration and Recognition of Science and Technology), Project Lead The Way, and SME (Society of Manufacturing Engineers) Education Foundation to promote fluid power education in middle schools and high schools. They’ve created a ‘key school’ program, the Fluid Power Challenge, and the Fluid Power: A force for change video among other initiatives. The Fluid Power Education Foundation has scholarships for college bound student who will study fluid power.
I commend the US fluid power industry for their efforts, but there is shortsightedness to these educational outreach initiatives that I don’t think many engineering and fluid power industry leaders understand. Read more
It used to be the only payment methods for businesses were cash or the company check. Then came along corporate credit cards. And, now the integration of the Internet with the Check Clearing for the 21st Century Act (Check 21 Act) has changed the way we all do business and opened a whole new world of invoicing and online payment possibilities.
For several years now we have been sending our clients invoices by email, and have been accepting credit cards through PayPal. While this has been greatly appreciated by our clients, they’ve asked for more options. So, we’re pleased to announce the addition of a new online invoice payment options — QuickBooks Payments (formerly known as Intuit Payment Network).
With the addition of this payment methods, our clients now have multiple options to choose from when paying their invoices:
- corporate or cashier’s checks through postal mail,
- credit cards through PayPal, or
- ACH or bank-to-merchant electronic payments through QuickBooks Payments.
All of the online payment methods are free of charge to our clients.
We will be adding links to our invoices — as they become available for our accounting system — that will let you select which online payment methods, if any, you’d like to use. In the meantime, if you are interested in using any of the online payment methods let us know and we’ll make the arrangements. If you have any questions or would like more information about our payment methods please contact us at info (at) mountainstreamgroup.com or call Jeff Klingberg at +1 847 453 8895 x701.
Updated: 09 June 2017
Fluid Power Technologies International and Konstanz Kommunikations undergo consolidation with Mountain Stream Group to form new, Chicago-based experiential communications design consultancy.
Thanks to the Internet the world’s getting smaller and moving at an ever-increasing pace, communication methods are expanding, and an organization’s success is increasingly dependent on fluid global communication.
The number of internal and external, seen and unseen points where your stakeholders touch, experience and hopefully connect with your brand, product or service keeps growing. Beyond the normally thought of touchpoints, your building’s architecture, your workspaces, your information systems and workflow processes, your product’s aesthetics and functionality, and your computer-mediated and machine-to-machine interactions are now vital members of a very dynamic communications ecosystem—living together interdependently. Read more
- Our Coronavirus Policy – 21 March Update2020-03-21 - 11:56 pm
- Coronavirus: Our Policy2020-03-10 - 1:27 am
- Is your website mobile-friendly?2015-03-31 - 3:48 pm
- Business Life Transition Radio Show Interview2014-03-17 - 11:41 pm
- Marketing is an investment in your company’s future success, but knowledge and closing the loop are needed to maximize its efficiency and effectiveness.2014-02-21 - 12:22 am