This is not a critique of EWSI as much as it's som
Post# of 3844
Posted On: 05/02/2014 11:33:44 AM
This is not a critique of EWSI as much as it's some valid questions.
The good news is that China's plan is to move beyond its primarily manufacturing economy to one of more services, and they welcome western know-how since we are world leaders in this arena (having long since made this transition ourselves). This positions EWSI well at this point in time, theoretically.
But they won't be alone in what is even now becoming a popular and very lucrative ewaste consulting arena. Looking at EWSI's website one sees so many ways they wish to address ewaste issues and be a player in a hugely growing industry. Obviously, the website is mostly a shell at this point, which is to be expected, with what's stated being hopes not much of anything actually existing, except for a few beginning plants and some "lease arrangements". The website goals couldn't come close to being realized with less than 100s of employees including teams around the world of experienced management consultants to roll out all the "services" mentioned.
The fact is the companies best suited to exploit this space are the largest accounting firms (e.g. Price Waterhouse, et all) and large, established management consulting firms, already with so many "boots on the ground". These firms, for example each ramped quickly up to have hundreds and hundreds of SAP "consultants" each in their worldwide practices in the 90's to go in and consult and install Fortune 500 and mid-size company systems, a very lucrative market for them. I know because when SAP became what all corporate CEO's wanted to have, and was all the rage in the 90's, I made a lot of money staffing these projects as an "approved" vendor for them. Point being EWSI will have heavy competition, and fast, with big names that have credibility exploiting every CEO's quest for "sustainability", which is actually already a cause celebre. Remember the old adage "no one ever got fired for hiring IBM"?
So where's the funding to "make hay while the sun shines" and they have time to try and establish a brand and reputation before the big boys sweep in? It does no good to offer a wide range of ewaste services without anyone to actually pull up to the door, talk turkey, and execute a contract. Mr. Feeney can only be in one place at a time. And it takes money to assemble such a presence. OK, so maybe the answer is simply that there is plenty of room for everyone, and this is no doubt true. But EWSI needs money and a lot of it to even execute further from here.
Where will they get it? This incessant talk of China revenue inclusion, one or two more eplants, Goodwill relations for feedstock, wait for Q1 and Q2 results, misses the point, and aint squat! Only pimples on the ass of progress.
The good news is that China's plan is to move beyond its primarily manufacturing economy to one of more services, and they welcome western know-how since we are world leaders in this arena (having long since made this transition ourselves). This positions EWSI well at this point in time, theoretically.
But they won't be alone in what is even now becoming a popular and very lucrative ewaste consulting arena. Looking at EWSI's website one sees so many ways they wish to address ewaste issues and be a player in a hugely growing industry. Obviously, the website is mostly a shell at this point, which is to be expected, with what's stated being hopes not much of anything actually existing, except for a few beginning plants and some "lease arrangements". The website goals couldn't come close to being realized with less than 100s of employees including teams around the world of experienced management consultants to roll out all the "services" mentioned.
The fact is the companies best suited to exploit this space are the largest accounting firms (e.g. Price Waterhouse, et all) and large, established management consulting firms, already with so many "boots on the ground". These firms, for example each ramped quickly up to have hundreds and hundreds of SAP "consultants" each in their worldwide practices in the 90's to go in and consult and install Fortune 500 and mid-size company systems, a very lucrative market for them. I know because when SAP became what all corporate CEO's wanted to have, and was all the rage in the 90's, I made a lot of money staffing these projects as an "approved" vendor for them. Point being EWSI will have heavy competition, and fast, with big names that have credibility exploiting every CEO's quest for "sustainability", which is actually already a cause celebre. Remember the old adage "no one ever got fired for hiring IBM"?
So where's the funding to "make hay while the sun shines" and they have time to try and establish a brand and reputation before the big boys sweep in? It does no good to offer a wide range of ewaste services without anyone to actually pull up to the door, talk turkey, and execute a contract. Mr. Feeney can only be in one place at a time. And it takes money to assemble such a presence. OK, so maybe the answer is simply that there is plenty of room for everyone, and this is no doubt true. But EWSI needs money and a lot of it to even execute further from here.
Where will they get it? This incessant talk of China revenue inclusion, one or two more eplants, Goodwill relations for feedstock, wait for Q1 and Q2 results, misses the point, and aint squat! Only pimples on the ass of progress.
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