Engineering management: meeting the global challenges by Chang, Ching Ming

By Chang, Ching Ming

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This approach failed to generate the expected business results. As documented in the literature, one of the key weaknesses of this approach was that the strategic planners, while being superior analysts of hard business data, were outsiders insofar as the various specific business functions (marketing, production, engineering, and procurements) were concerned. What was not apparent at the time was the fact that planning new strategies for the future required both hard data and intuitive assumptions.

As the need for highly skilled professionals in the service sectors becomes evident, it is advisable for STEM professionals to prepare themselves well to capitalize on such new opportunities offered in the future, and not to limit themselves to only pursuing productrelated job opportunities. 2 Projected percentage change in US employment (2010–2020). S. S. Department of Labor, 2012, Occupational Outlook Handbook, Skyhorse Publishing (April 1). 1 Types of Work Done by Technical Contributors Practicing engineers (technical contributors) are empowered to do things correctly (mostly operational) and to upgrade the ways that things are done.

5. , big data, analytics, SOA, and Internet-based enablers), to invent new products/services and improve existing ones. 6. Ethics and professionalism: Set high standards and implement corporate codes of ethics. 7. Global orientation: Ensure methods of supply through tiered partnerships, and exploit global networks of resources to capitalize new opportunities. 3 Value-Adding Opportunities As a technical contributor, every STEM professional would report to a superior who is typically a supervisor or manager.

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