In the so-called times of crisis (I’m not believing it), everyone is affected from small guns to the big barrels; like Intel. And recently, Ryaz Pattel whom I met at the Tumpang-Intel Core i7 event, reported his visit to Low Yat plaza was proof of the recession. He calls it the ‘R’ word.
I really liked the part in his post regarding economics when he shared how a government incentive would help during this time. Which I’d like to quote:
Who benefits from a big, broad incentive like this?
Let’s think about the jobs it can create:
Directly, it’ll impact…
- the retail sales person who sells you the broadband and internet device (ie: the PC),
- the marketing people who created the broadband package you’re buying,
- the designer(s) who creates the flyers and brochures for the promotions.
Don’t forget…
- the technician who loads the software,
- the software developer who wrote some of the cool applications you use,
- the broadband technician who tweaks his network to support your subscription.
What about…
- the delivery man who stocks the stores,
- the factory worker who assembled your PC,
- the procurement person and
- the accountants, the banks, the finance people in the backroom?
The impact will trickle down to…
- the cleaner who keeps the store dust-free and windows clean,
- the security man who walks around making sure you’re safe after your purchase,
- the insurance salesman who sells insurance to the retail store in case of theft or fire.
His article; On the Growth Path to Emerge Stronger, to me tells Intel is as much worried like any other human living on this planet.
So in this time of so-called need, we’re relying on what the Malaysia government can do (with our taxes) to asisst us this year.
Has your company felt the pinch already?