Business Focus
The business focus of the Foundation is on enabling organizations to evaluate potential technologies and make informed judgments about the viability of pursuing specific strategies.
The Foundation exists in the challenging world where technology promise meets business reality. The need for businesses to innovate, to improve efficiencies, to respond to global challenges, to become agile, and to focus on growth are all part of the changing competitive climate. One of the "suggested" means is to employ the latest technologies to improve product offerings. The business question is how? There are two parts to this question in the current business environment. The technology is the first part, and the second and more important one is how can it be made and by whom?
The first part, technology, especially from the technologist's point of view, is sufficient to embrace on its own merit. The implications of the technology impact on the business are not prime considerations; rather it is the "neat" aspects of the technology. As technologists, the Foundation understands this technology craving, but the Foundation also understands the business needs.
The successful application of technology to business requires an understanding of both the technology and the business implications. The Foundation brings the experience to answer the business question of "How?" and the ability to evaluate the promise of the technology.
The second part, that we, at the Trybula Foundation along with our partner, Newberry Technology Associates, have emphasized recently, is the need for a trained workforce. In order to be successful, there must be workers. In high-tech, many jobs require at least a Master’s degree if not a Ph.D. This is very true for developing the technology and the processes to make successful products. But, a successful company cannot exist on appropriately paid MS and PhD employees. It is generally true, in any industry that between 10 and 15 A.S. and B.S. level employees are needed for every one PhD. This is true even in academic institutions 1 professor has 2 or 3, PhD students, 3 times that number of Masters program students and 50 time that number of undergraduate students. This requirement and emphasis on AS and BS educated workers is what is missing in today’s workforce. Consequently, we have teamed with an organization, Newberry Technology Associates, that has been successful in making this type of focused educational effort work and work successfully.
The Foundation brings the ability to evaluate situations, guide selections, and develop sustainable solutions. The Foundation focuses on the business implications of emerging technology, with specific emphasis on emerging technologies whether in the aerospace, med-bio, or the semiconductor industry segments. The survival of companies requires accurate assessments of options and strategies to incorporate the correct choice into the business and the workers to create the products. An educated workforce is a critical portion of a company’s success.
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