Paul Dickson has completed over $1B in business transactions over 30 years of international business experience. Mr. Dickson has worked in sales/marketing, operations, law and finance in industries such as advanced manufacturing, microelectronics, semiconductor, software, consumer, and food and beverage.
In part 5, we discuss the significance of leading with a clear mission and values, putting to paper a growth plan, and staying aware of industry activity.
In this installment, we discuss the importance of continuously honing your competitive advantage, the value of an opportunistic mindset, and the usefulness of documented systems.
Despite ongoing shortages of microelectronics, demand for chips and other critical electronics, including PCBs, only continues to grow and shows no signs of slowing anytime soon.
The recently passed CHIPS Act and the introduction of the Supporting American Printed Circuit Boards (SAPCB) Act are promising developments, with the CHIPS Act providing $52 billion for semiconductor manufacturing incentives and research investments, plus the proposed $3 billion to support PCB and EMS production via SAPCB.
The U.S. has lost millions of jobs over the past three decades to Asia. A decent amount of the production of cars, electronics, textiles and other things has relocated.