THE DEVELOPMENT OF A STRATEGIC INDUSTRIAL ENGINEERING PHILOSOPHY

ENGLISH ABSTRACT: The proposed expansion of the Industrial Engineering discipline, termed Strategic Industrial Engineering, holds that scientific industrial engineering knowledge may be applied to capitalistic systems with the strategic goal of maximising wealth for the corporate shareholders. This...

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Published inSouth African journal of industrial engineering Vol. 17; no. 1
Main Authors Leonard, P., Kruger, P.S., Moll, C.M.
Format Journal Article
LanguageEnglish
Published Stellenbosch University 15.01.2012
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Summary:ENGLISH ABSTRACT: The proposed expansion of the Industrial Engineering discipline, termed Strategic Industrial Engineering, holds that scientific industrial engineering knowledge may be applied to capitalistic systems with the strategic goal of maximising wealth for the corporate shareholders. This paper provides an overview of the development of such a Strategic Industrial Engineering Philosophy and discusses the possible application of this philosophy in improving the capital productivity of an organisation. AFRIKAANSE OPSOMMING: Die voorgestelde uitbreiding van die Bedryfsingenieurswesedissipline, genaamd Strategiese Bedryfsingenieurswese, beweer dat wetenskaplike bedryfsingenieurswesekennis toegepas mag word op kapitalistiese stelsels met die maksimisering van welvaart vir die korporatiewe aandeelhouers as die strategiese doelwit. Hierdie artikel verskaf ’n oorsig van die ontwikkeling van so ’n Strategiese Bedryfsingenieurswesefilosofie en bespreek die moontlike toepassing van hierdie filosofie in die verbetering van die kapitaalproduktiwiteit van ’n onderneming.
ISSN:1012-277X
2224-7890
DOI:10.7166/17-1-153