Jobless Innovation?

As the United States tries to ride high tech out of recession, does it risk innovating its workforce out of jobs?

6 min read
Jobless Innovation?

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In a crisis, Americans always ask technology to come to the rescue. Military threat? Send in the drones. Health-care scare? Declare war on cancer and race for an AIDS vaccine. Energy shortage? Harness the sun and wind.

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Asad Madni and the Life-Saving Sensor

His pivot from defense helped a tiny tuning-fork prevent SUV rollovers and plane crashes

11 min read
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Asad Madni and the Life-Saving Sensor

In 1992, Asad M. Madni sat at the helm of BEI Sensors and Controls, overseeing a product line that included a variety of sensor and inertial-navigation devices, but its customers were less varied—mainly, the aerospace and defense electronics industries.

And he had a problem.

The Cold War had ended, crashing the U.S. defense industry. And business wasn’t going to come back anytime soon. BEI needed to identify and capture new customers—and quickly.

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