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Effect of economical crunch on Structural Engineers!

 
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dipakdgaikwad
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Joined: 01 Apr 2008
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Location: Mumbai

PostPosted: Sat Nov 08, 2008 8:23 am    Post subject: Effect of economical crunch on Structural Engineers! Reply with quote

Dear All

I will like to know that” How this economical crunch will affect this field"?

Thanks and regards!
Dipak DGaikwad Embarassed
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PostPosted: Sat Nov 08, 2008 8:48 am    Post subject: Reply with quote

Well deepak,

As banks are shying away from lending credit to real estate and infrastructure projects, and demands going down companies will have fewer projects, hence it will have impact on consulting engineers as well.
Things will have corrections in due course. Nothing to worry or panic though. Such times do give birth new innovations which are cost effective and more productive, efficient and competent.

Just some personal thoughts without giving a deep thought though. I think some one should explore it thoroughly.

Cheers

Sanjeev
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Rabinder Shekher
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PostPosted: Sat Nov 08, 2008 3:57 pm    Post subject: Reply with quote

Dear Deepak Ji
This time may effect the consulting engineers for the time till the situation improves and the engineers who are working in Govt. sectors are a little less worried than those who are in private sector. But I am sure that this will also give rise to new innovations like low cost housing and alternative constructional material. Further the need of consulting engineers will also increase because of the fact that every one would like economy. I think one should not worry but should be more vigilent and vibrant.
With Cheers
Rabinder Shekher
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PrachiThube
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PostPosted: Sat Jan 17, 2009 12:23 pm    Post subject: Economical Crunch Reply with quote

Will somebody through some light on Where suddenly all money gone Rolling Eyes
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pravin.pai
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PostPosted: Sun Feb 08, 2009 11:05 am    Post subject: Think Positive! Reply with quote

Bearing on the current economic crisis also affecting us Civil Engrs., there was a small story I read some time ago in a book called "Zen and the Art of Happiness" by Chris Prentiss (Pub. Wisdom Tree, N.Delhi)

In a small American town there was Max, owner of a thriving sandwich shop. There were almost always people waiting in line to eat at his little shop. He gave away freebies such as free pickles, free potato chips, sometimes a free soft drink and his sandwiches were famous for being over-stuffed.
One day his son, who lived in a distant city, visited him. As the son was leaving, he told his father, "You're making a big mistake giving away all those extras. The country's economy is in bad shape. People are out of work, and they have less money to spend. If you do not cut back on the freebies that you dole out and on your portion sizes, you will be in a bad way before long too." His father was amazed, thanked his son, and told him he would consider his advice.
After his son left, Max followed his son's advice. He stopped giving away free items and he cut back on the generous portions of food in his sandwiches. Before long, after many of his disappointed customers had stopped coming, he wrote to his son: "You were right! The country's economy is in bad shape, and I am experiencing the results of it right here in my sandwich shop!"

Lesson: The poor economy that the man's son saw all around him was real. Despite the poor economy, though, the father had been running a successful sandwich shop. He did not realize that times were hard, that many people were out of work, and that money was scarce. He was treating everyone with great generosity and he was reaping the rewards that such actions always bring: A positive, generous outpouring of good things. But, after his son told him about the "bad shape" the country's economy was in, he began to act as if it were so, bringing about the only possible result - a negative, fearful, ungenerous experience of life.
So THINK POSITIVE AND THINK GOOD!
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PostPosted: Sun Feb 08, 2009 12:02 pm    Post subject: Re: Think Positive! Reply with quote

Well Said Pravin.

As some one asked where "all the money Go suddenly" well no where its in system, money does NOT degenerate it only changes hands and forms of existence and certain forms of existence of money has lower valuation hence treated as lost value. In fact its like if one loses some some where gains it ..its not the mother earth which eats money away ..Smile be it share market or what ever ...

If suddenly all us start feeling wow there is a crisis ..of sorts [It may be for few] market becomes sentimental and we hold money back to take care of future expenses as natural response to it. As soon as these sentiments start evaporating due various confidence building measures by Govts and central banks inducting liquidity in system, things start improving and finally coming back to normal.

Pravin quoted a wonderful example, to drive business .. Thanks dude.

Regards

Sanjeev

pravin.pai wrote:
Bearing on the current economic crisis also affecting us Civil Engrs., there was a small story I read some time ago in a book called "Zen and the Art of Happiness" by Chris Prentiss (Pub. Wisdom Tree, N.Delhi)

In a small American town there was Max, owner of a thriving sandwich shop. There were almost always people waiting in line to eat at his little shop. He gave away freebies such as free pickles, free potato chips, sometimes a free soft drink and his sandwiches were famous for being over-stuffed.
One day his son, who lived in a distant city, visited him. As the son was leaving, he told his father, "You're making a big mistake giving away all those extras. The country's economy is in bad shape. People are out of work, and they have less money to spend. If you do not cut back on the freebies that you dole out and on your portion sizes, you will be in a bad way before long too." His father was amazed, thanked his son, and told him he would consider his advice.
After his son left, Max followed his son's advice. He stopped giving away free items and he cut back on the generous portions of food in his sandwiches. Before long, after many of his disappointed customers had stopped coming, he wrote to his son: "You were right! The country's economy is in bad shape, and I am experiencing the results of it right here in my sandwich shop!"

Lesson: The poor economy that the man's son saw all around him was real. Despite the poor economy, though, the father had been running a successful sandwich shop. He did not realize that times were hard, that many people were out of work, and that money was scarce. He was treating everyone with great generosity and he was reaping the rewards that such actions always bring: A positive, generous outpouring of good things. But, after his son told him about the "bad shape" the country's economy was in, he began to act as if it were so, bringing about the only possible result - a negative, fearful, ungenerous experience of life.
So THINK POSITIVE AND THINK GOOD!
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