Introduction
Achieving the status of a world-class business requires fundamental changes in any organization. Among the strongest piles for change in today's business environment are:
- New ideas in business management and operations Technological advancements Different ideas about people management, with an emphasis on teamwork.
These factors place new demands and new emphasis on human resources. Now we need people with a broader development. We also need a management population who are willing and able to manage change. Change management requires a variety of different roles. Top management must define the strategy. Experienced middle managers must have the necessary understanding of contributing to a change program, and thus fully participate in what it is like to be successful. But there is an overriding need for the best young brains as change agents, to provide a fresh innovative push. To meet this need, Business Management Engineering is required to provide agents with better training and education of high academic level,which is relevant to modern manufacturing and engineering industries.
Bussines managment's engineering
To understand the scope of this issue, it is necessary to adequately define the following terms:
Engineering
It is the application of science to the optimal conversion of the resources of nature for the uses of humanity. The field has been defined by the Council of Engineers for Professional Development, in the United States, as the creative application of 'scientific principles to design or develop structures, machines, apparatus or manufacturing processes, or the works that you use alone or in combination; or to build or operate the same with full knowledge of its design; or to predict its behavior under specific operating conditions; all as aspects of the planned functions, economy of operation and safety of life and property. " The engineering term is sometimes looser, such as the manufacturing or assembly of engines, machine tools, and machine parts.
The word engine for ingenious is derived from the same Latin root, engineering, which means "to create." The early English verb engine meant "invent." Thus, war machines were devices such as catapults, floating bridges, and assault towers; its designer was the "-er engine," or a military engineer. The counterpart of the military engineer was the civil engineer, who applied essentially the same knowledge and skills to the design of buildings, streets, water supply, sewer systems, and other projects.
In short, engineering is defined as the technique of turning knowledge into something practical, by applying tools, methods and techniques that allow solving any type of real problem.
Management
It is the process of achieving goals of the organization, through working with the participation of people and other resources of the organization.
The management has the following characteristics:
- It is a process or a series of continuous related activities. It is about and focuses on achieving organizational goals. It reaches the objectives, through working with the participation of people and other resources of the organization.
Management functions:
The 4 basic management functions that make up the management process are described in the following sections:
- Planning Organization Direction Control
Planning: Planning consists of choosing the tasks that must be carried out to achieve the organizational goals, which will expose how the tasks should be carried out, and when they should be carried out.
Activity planning is focused on achieving goals. Managers describe exactly what organizations must do to be successful. Planning has to do with the success of the organization in the short term as well as in the long term.
Organization: The organization can be thought of as assigning the tasks developed in the planning stages to various individuals or groups within the organization. Organization is creating a mechanism to put plans into action.
People within the organization are given work assignments that contribute to the goals of the company. Tasks are organized in such a way that the output of each individual contributes to the success of the departments, which, in turn, contributes to the success of the divisions, which ultimately contributes to the success of the organization.
Direction: Also known as a motivator, leader can be defined as guiding the activities of the members of the organization in the direction that he helps the organization to advance towards the fulfillment of the objectives. The purpose of influencing is to increase productivity.
Control: Control involves the following functions performed by the administrator:
- Collect information that measures performance Compare current performance to pre-empt established performance standards Determine next action plan and modifications to meet desired performance parameters.
Control is a continuous process
Engineering Management
It has to do with the design, installation, and improvement of integrated systems of people, materials, information, equipment, and energy by drawing on specialized knowledge and skills in the mathematical, physical, and social sciences, along with the principles and engineering and design analysis methods to specify, predict and evaluate the results, based on any scientific discipline that designs, implements and / or develops models, processes and systems taking into account the engineering relationships between the management tasks of the planning, organization, direction and control and the human element in the research of production, marketing, finance and other services.
In other words, Engineering management is the fusion of business and engineering principles in business practice. Allowing the knowledge of the economy and the management that can predict or forecast the utility, its advantages and disadvantages of the products, this to get to know the scope of the product and the contribution to growth. At the same time you get technological and engineering problem solving with organizational and administrative experience, to supervise complex companies from conception to completion.
Business management
Management in business and activity for human organization, in simple terms, means grouping together the act of bringing people together to achieve the desired goals in Management including planning, organizing, resourcing, leading to directing, and controlling the organization in order to achieve a goal. Resource endowment encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.
Mary Parker (1868-1933), who wrote on the subject in the early 20th century, conceptualizes that management is defined as "the art of doing things through people." One can think of management as the action taken to reach its intended goal. This applies even in situations where schedules are not occupied. From this perspective, the French Henri Fayol considers that management acts through various functions that are often classified as planning, organizing, directing / motivating and controlling.
- Planning: Decide what should happen in the future (today, next week, next month, next year, in the next 5 years, etc.) and Generation Plans for Action (What do?). Organization: (Application) make optimal use of the resources necessary for the success of the realization of the plans. Staffing: Job analysis, recruitment and hiring for the appropriate individual work. Direction / Motivate: Exhibiting skills in managerial and administrative areas to ensure that other years can play an effective part in achieving the plans (to do individual work willingly in the organization) Control: Monitoring and checking progress against plans may need Everything that changes based on feedback.
Some people, however, find this definition, while helpful, too broad. The phrase »management is what managers do» widely occurs, suggesting the difficulty of defining management, the connection of management practices, with the existence of a business-class golden framework.
A habit of managerial thinking is seen as equivalent to 'business administration' and thus excludes management in places other than commerce, such as in charities and in the public sector. However, each organization must work on management in a global way including people, processes, technology, etc. in order to maximize efficiency and achieve greatness.
Operation management
Operations management is the area within companies that deals with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. It involves the management of resources, the distribution of goods and services to customers, and the analysis of queuing systems.
The origins of Operations Management go back to the Industrial Revolution, as Science Management and Operations Research. Adam Smith addresses the issue of the division of labor in opening his masterpiece An Inquiry into the Nature and Causes of the Wealth of Nations, commonly known as the wealth of nations. The first efforts to solve operations management problems came from Eli Whitney 1798, giving rise to the birth of the American System of Manufacturers (ASM) in the mid-1800s. It was not until the 1950s that the importance of Scholars noted that the exit operation can be considered as a system.
Historically, the body of knowledge derived from industrial engineering was the basis of the first MBA programs, and is fundamental for the management of operations across various sectors used such as business, industry, consulting and organizations. The task of production and operations management is to manage the efforts and activities of people, capital and equipment resources in the exchange of raw materials and in the services of finished products.
Bussines managment's engineering
Once we define all the terms that encompass the subject, we can introduce ourselves to the key point, engineering in business management, it is a discipline in which change is encouraged and promoted in organizations, new dependencies are created and knowledge is applied making use of techniques and tools to achieve a goal or solve problems in any functional area of organizations, designing processes of better efficiency and effectiveness.
A business administration degree focuses on business management and prepares professionals to work in the world of commerce. In general, business administration courses include the principles and application of economics, marketing, and planning. The most common diploma in this field is the Master of Business Administration (MBA). Business administration degree holders work in health care, insurance, real estate and technology management, as well as administrative positions in general services and retail businesses.
Ultimately, most professional engineers apply their skills within a business organization. A key business goal is business success. Therefore it is important that engineers when appreciating the industrial and commercial environment in which companies operate recognize the needs and limitations created by this environment.
The objective of business management engineering is to provide the engineering student with an appreciation of some of the practical problems and issues involved in the competitive management of a business in engineering by presenting a view of the systems of the company or business, consistent with many engineering models, where a collection of inputs are transformed into output that is valued by the customer. For the purposes of this science; An engineering business is simply defined as a business that employs at least one engineer. The business could deliver a product or service, which could be of any size from a single consulting engineer to a global corporation, and it can take a variety of legal forms from sole proprietorship to corporation.
Professional Engineers must appreciate the concept of sustainability, and must be prepared to interact with a global, uncertain business environment. Marketing and selling can also be crucial to success. A common way to handle this uncertainty in engineering companies is through the utilization of projects that require the participation, management and leadership of multidisciplinary, often multinational, intercultural teams of contractors and suppliers. Group dynamics are an important characteristic in success. This applies across a wide range of activities, from large-scale, one-off projects to production line processes, for example.
Economic growth requires new businesses to be established and therefore it is important also to generate enthusiasm among engineering students from private enterprise and business ownership as a career option and to provide them with guidance on how to start and run a business. Therefore, engineers must have an appreciation for entrepreneurship.
Engineers have legal, ethical and moral obligations in the organization and mobilization of human resources and therefore an understanding of their framework must also be developed and aims to generate a professional approach to their work.
It is necessary to train the development of change leaders and business improvement in engineering, manufacturing or process companies must be achieved through broad-based professional postgraduate training, in-depth knowledge of key business elements and technology, including:
- The Engineering Business Environment and Strategic Management Engineering and Manufacturing Operations Management Technologies in Product Engineering, Design, and Manufacturing Information Technology Capabilities, Trends, and Applications.
This approach provides the benefits of specialist integration and inter-functional cross-fertilization for companies and industrial sectors.
Professional profile of the engineer in business management
Specific skills
- Designs and implements financial strategies in a global market Manages production systems Designs and implements marketing strategies Manages the performance of business organizations Applies basic management engineering tools Manages the creation of new businesses
Generic skills
- Communicates in the English language Uses new information and communication technologies Communicates assertively orally and in writing in their own language Abstracts, analyzes and synthesizes information Identifies, raises and solves problems Make effective decisions Evidence of ethical commitment Work in teams Manage interpersonal relationships effectively Self-management of their Continuous learning and updating Exercise effective leadership Denote entrepreneurial spirit Manage models and quality systems Conduct research
Professional development field
- Design Administrative structures of organizations and their execution Manager of public or private companies Operations Manager Production management in organizations Design and execute investment projects Independent advisor in business areas Creation of Companies, Industries, Commercial or services Demonstrating innovative capacity and technical administrative and management prospecting.Directive and Executive in any type of Company in the Administration and Management Area.Administrative Manager in the development and pro-activity of business strategies.Manage and control the business process.Advisor consultant, in the strategic areas of the Companies Manage investment projects in a local, regional and global environment.
Benefits of business management engineering
Whether taken as an introduction to management or as an update to keep up with management practices, business management engineering offers a wide variety of benefits for those who study and apply it. The following are three main advantages that business management engineering provides in today's economic environment.
1. Selling your ideas
The ability to predictably influence others to accept your ideas is crucial, such as:
- Convincing leadership teams of a company towards a change in strategy competing for financial support or investors to invest in your project over others.Creating a motivational environment in your business team, this requires an excellent Marketing plan / sale of products and services of the company directing towards the key, promoting with strategic thinking. The attraction of highly qualified talent to business as it is required in most companies; of senior managers to run all of this (and more) on a regular basis, and understanding the most effective processes for selling ideas.
2. Principles of Operational Finance
You have a broad practical understanding of the financial flow of business operations, the information you need to make informed decisions about sales, revenue, costs, assets, debt, and cash flow. The prospect of making critical business decisions without an understanding of company finances would make success in your business management role elusive. As a business management engineer, you are expected to advise and manage a team to execute business plans with maximum financial returns.
3. Basic Product Marketing Strategy
Companies must adapt to their markets, especially to the demands of sound customers. Business management engineers must read trends and lead their teams to adapt the company's marketing and product development plans, in a practical way. You must understand how:
- Read market trends Adapt your marketing strategy Modify product development plans to optimize your market positioning
You must develop the ability to lead a team that evolves market-oriented products and services that optimize your sales and profits.
Thesis proposal
Develop an engineering training program in business management applied to SME managers.
objective
Develop a training program on the subject of engineering in business management that is implemented in SMEs and focused on managers with the purpose of increasing the efficiency and effectiveness of their organizations, providing contributions to achieve the proposed goals.
Bibliography
- Domínguez, PR (2007). Introduction to Business Management. EUROPEAN INSTITUTE OF BUSINESS MANAGEMENT.Fincowsky, EB (2009). Organization of companies. McGraw-Hill.MORALES, CI (2011). MANAGEMENT OF PRODUCTION AND OPERATIONS (OPERATIONS MANAGEMENT). BOGOTÁ.Rodriguez, J. (2000). Administration with strategic focus. Colombia: 4th. ed., Editorial Trillas.
