Business Engineering Revolution

Our world desperately needs a global and radical increase in economic growth. But it needs a healthy economic growth driven by a radical increase in corporate productivity – of businesses, government entities, non-profit organizations, etc.

This radical increase in corporate productivity will be made possible by a no less radical paradigm shift in corporate management – towards business engineering. New businesses will be engineered and built from scratch – much like a production factory (or a fighter aircraft). Which will ensure that these businesses will always have a lean structure, operate at maximum performance, generate the maximum amount of financial and aggregate value and make all its stakeholders truly happy.

Future startups will be created, engineered and build as partnerships between entrepreneur(s) – founder(s), business engineers (hired by the business or provided by management consulting companies, business incubators or accelerators) and – if necessary – venture investors. Which will radically increase startup survival rate and thus contribute significantly to the global economic growth.

Existing businesses will be reengineered and transformed into powerful money-making machines. Which will ensure that these businesses will always have a lean structure, operate at maximum performance, generate the maximum amount of financial and aggregate value and make all its stakeholders truly happy.

This paradigm shift will once again result in a tectonic shift of corporate power. Initially (in the industrial age), the corporate power was in the hands of engineers and inventors. Then, it gradually moved into the hands of financial managers. In the post-industrial age the corporate power is mostly in the hands of marketing people. But in the very near future it will be transferred again – this time into the hands of a new business elite – the business engineers.

Knowledge is power – and due to a truly comprehensive nature of their work, business engineers will know practically everything about their companies. They will engineer and build companies using radically new object-oriented tools and technologies which have already arrived.

And will subsequently run these companies – using a comprehensive corporate cockpit (a uniform interface into a comprehensive corporate knowledge base which will be engineered and built in parallel with the company proper). The Chief Business Engineer will be by far the most important position in any corporate structure.