Evenings with Dr. Das are true gifts. Its enlightening and entertaining ! This evening was one of them.
This is one of the story that Dr. Das narrated today.
Man vs. Machine.
One Chinese researcher wanted to try his future as an Enterprenuer. His first idea was to start a battery cell manufacturing for the small, portable devices swarming the world. Small energy cells.
So, he went on a world tour to see all battery makers. Went to USA and Japan. He saw this amazing manufacturing centers with very less human beings working. All robots doing the work. Its a process ! Cells come out of the process, packaged in thousands every moment.
He came back to China and started the same business with people. No robots. He made some loss initially. Then 2 years later, the battery technology changed.
All the advanced cell factories across USA and Japan, had to change the robots and the machines. Big investment.
The Chinese researcher, took the opportunity and dropped the price of the cells by 40%. He just invested a few bucks in training the people he had to adopt the newer technology. No big investment.
That one change, catapulted him to world number ONE in cell business.
A loss..
1 year ago
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