Business Engineering

Read this definition of the uses of business engineering in developing and implementing business solutions for human-technology interaction. What solutions will be needed as data gets "bigger" and more complex? Will analysts be able to find ways to capture and manage all that is relevant, or will they have to live in constant fear of missing that "golden nugget" of source material that would have made all the difference in their findings?

Introduction


The Business life model, an example of business engineering, is a tool created to help entrepreneurs, business people, and academics build stronger business models.

Business engineering (BE) is the development and implementation of business solutions, from business model to business processes and organizational structure to information systems and information technology.

Business engineering focuses on developing innovative business solutions that take a sociotechnical systems (STS) approach. The STS approach addresses an enterprise as a total system in the same manner as an airplane system or an industrial facility, since they possess a similar level of complexity.

Business engineering combines knowledge in the fields of business administration, Industrial Engineering, as well as information technology and connects it to all aspects of transformation, from means of presentation to process models to cultural and political considerations. A person is referred to as a Business Engineer when the person is a hybrid between an entrepreneur and an engineer. They must poses the understanding of how the business world operates at both macro and micro levels and be in a position to come up with solutions based on various key elements.



Source: Wikipedia, https://en.wikipedia.org/wiki/Business_engineering
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