Business engineering integrates various disciplines to improve a company’s structure and function. It involves a cyclical process of strategic planning, process improvement, and performance measurement to achieve short and long-term goals.
Business engineering is a discipline that integrates other types of disciplines in order to efficiently handle all efforts related to a company or organization. In summary, this field of study covers almost all elements involved in any company, such as finance, administration, human resources and even marketing. The purpose of corporate engineering is to constantly oversee improvements and progress in one or all elements of a company by applying certain techniques and methods.
The main principle behind enterprise engineering is the belief that a business has an underlying structure that can be studied, dismantled, and worked on to improve its design and function. In this way, companies are treated much like a building or a machine, with all its interrelated components. Businesses and business enterprises are not the only ones who can benefit from this type of systems engineering, but all types of establishments as well, such as government departments and non-profit organizations.
In general, enterprise engineering uses a cyclical process to evaluate and make improvements to a company’s structure. This cycle can involve many steps, but it can be boiled down to three simple phases. The first is “strategic planning”, in which all existing information and data about the company are analyzed. From all the information, various implications about the company will be formed, including its position in the market, its status quo with regard to earnings, and the efficiency of human resources. At this stage of strategic planning – called Strength, Weakness, Opportunities, Threats (SWOT) – the company analysis is also included.
The second stage of the company’s engineering cycle is “process improvement”, where all the information collected is used to further increase the efficiency of the company’s system. This stage involves a team effort where everyone in the company works together to achieve the goal. In many cases, the company’s engineer can provide a systems diagram or model that the company can try to follow. Sometimes this involves trial and error, trying different methods until the company finds what works best for them. Process improvement not only places importance on short-term goals, but also on long-term achievements.
The last stage is “performance measurement”, in which the company evaluates its progress since the first stage of strategic planning. This phase of the company’s engineering ensures that the list of objectives is being accomplished and that the company is constantly improving. Assessment reports and surveys are usually conducted to quantify and measure these improvements, which can bring the company’s engineering back to its first stage.
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