Erosion of Knowledge
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Michael Goldstein
Erosion of Knowledge
Have you ever stood on a beach at the edge of the water and felt the grains of sand dissolve from under your feet as the water recedes?
No matter how hard you plant your feet or grip your toes, you can’t hold on to the sand. It just flows away right from under you. In many ways that sand is like knowledge and experience of our graying manufacturing workforce. It seems inevitable that much of that knowledge is being washed away.
The reason I’m waxing poetic — and thinking about beaches — is that I had lunch with an old friend the other day. Throughout most of his career (and mine), he’s been the chief executive at a major gear manufacturing company. Well respected throughout the industry, he’s recognized as a champion of U.S. manufacturing, having worked with industry, academia and government to ensure that America’s manufacturing base remains strong — all in addition to running a top-notch manufacturing company
This man has a passion for manufacturing, for American manufacturing, and for American gear manufacturing.
Now that he’s officially “retired” from the company where he spent most of his career, my friend is moving on to the next phase of his life. Although he’s well past the age when most people retire, he’s far from being done. Unlike many, who become burned out after spending their careers in a single industry, this man is energized, enthusiastic and hopeful that he can still make a meaningful contribution. I admire him for these qualities and wish our industry had more people like him.
Instead of moving to the South and living on a beach somewhere, he’s working hard to develop a new business based on everything he’s learned over the years. He’s in the process of building a consulting business, one composed of like-minded, well-experienced individuals who share his motivation to help American manufacturing companies compete on a global scale. He’s drawing on his many contacts to assemble a team of professionals with a wide variety of talents that complement his own.