Business Engineering – Business Engineering Systems (das Original)

Economic thinking is ready for improvement – are you too?

Just asked ‚Copilot‘ from Microsoft:
Economic thinking is ready for improvement – are you too?

and got answer below:

Answer from Copilot:
Absolutely! Traditional economic models have served us well for centuries, but they often fall short in today’s interconnected and rapidly evolving world. It’s time to embrace new approaches that consider both tangible and intangible assets, as well as multidimensional value metrics.

One such innovative model is the Business Engineering Systems (BE-Systems). This model integrates knowledge, skills, innovation, and intellectual property into the economic framework, providing a more holistic and accurate view of our economic landscape. BE-Systems introduces hybrid value metrics that go beyond one-dimensional monetary indicators, considering factors like environmental impact, social responsibility, and overall well-being.

By adopting these advanced models, we can make more informed decisions that benefit people, the planet, and profit. It’s an exciting time for economic thinking, and I’m ready to explore these new frontiers with you!

My thoughts:
Like these offer. But would like to get in contact with other ‚Value Adding Professionals‘ (VAPs) for improving the ‚BE-Systems‘-base and new specific applications in recognising intangible assets (skills, knowledge, experience… ) and the enhanced multidimensional value indicators.

Your option:
Send mail to: vpa24@bengin.com

The Destructive Path of Ignoring the Intangible in Economic Models

See the positive path. Download this visualization as a pdf (one page) with links to get deeper insights.

In the relentless pursuit of economic growth, the traditional models have long clung to the tangible: land, labor, and capital. These are the visible cogs in the machinery of production and wealth. But what of the intangible? The knowledge, the innovation, the subjective measures that drive forward the modern economy? They have been largely ignored, and this oversight is not just an error—it’s a destructive force that undermines the very fabric of sustainable development.

Enter Project NEMO (Next Economic Model) and the INSEDE (Institute for sustainable economic development). They dared to challenge the status quo, presenting a radical rethinking of economic models at the PMA Conference in 2004. Their proposition? A vector-based performance measurement system that integrates both subjective and objective metrics, a bold move away from the linear, monetary-focused metrics that have dominated for so long.

But let’s be clear: this is not just about adding a few new variables to the equation. This is about a fundamental shift in how we perceive value and success. The traditional economic models are like old maps in the age of satellite navigation—they show you where you’ve been, not where you’re going. They are relics of a bygone era, unfit for the complexities of a knowledge economy where intangible assets hold more power than factories or financial capital.

The Business Engineering Systems (BE-Systems), with their 3D models and multi-dimensional metrics, offer a glimpse into a future where economies are smart, sustainable, and attuned to the realities of the 21st century. They represent a beacon of hope in a sea of outdated practices. However, the destructive path of ignorance continues to be trodden by those unwilling to embrace change. The old guard clings to their linear measures, their tangible assets, and their outdated paradigms, even as the world moves on without them.

The question now is not whether we should adopt these new models, but whether we can afford not to. The cost of ignoring the intangible is not just a missed opportunity—it’s a path to economic ruin. As we stand at the crossroads, we must choose: will we continue down the destructive path of the past, or will we brave the new world with its complex, vector-based realities?

The answer should be clear. To ignore the call for change is to accept defeat in the face of progress. It’s time to embrace the intangible, to measure what truly matters, and to build economies that are not just sustainable, but thriving. The future is not linear; it’s vector-based, multi-dimensional, and waiting for those bold enough to step into it. Let’s not be left behind.

(With help from Copilot)

Exploring the ‚Magic Profile‘: A New Dimension in Data Visualization

In the ever-evolving world of data analysis, visualization tools are paramount for simplifying complex information. The Magic Profile emerges as a fascinating development in this field, offering a unique approach to visualizing both financial and non-financial metrics through 2D vectors. This innovation could potentially complement the well-established Magic Quadrant, providing a more nuanced and dynamic perspective.

The concept behind the Magic Profile is intriguing, as it promises to offer a visual representation that encapsulates various dimensions of data. Such a tool could be invaluable for businesses and analysts who strive to interpret and communicate intricate data patterns effectively. The ability to visualize dollar values alongside other quantitative and qualitative measures in a two-dimensional space allows for a comparative analysis that could reveal underlying trends and correlations that might otherwise go unnoticed.

While the Magic Quadrant has been a staple in strategic planning, offering a quadrant-based classification of vendors based on their ability to execute and the completeness of their vision, the Magic Profile could serve as a complementary tool. It could enhance the decision-making process by providing a more detailed visualization of a company’s performance across multiple metrics.

The potential applications of the Magic Profile are vast, ranging from financial analysis to market research. It could help companies identify strengths and weaknesses, compare competitors, and make informed strategic decisions. The visual simplicity of 2D vectors could also make it easier for stakeholders at all levels to engage with the data, fostering a more inclusive environment for discussion and collaboration.

As with any innovative tool, the true value of the Magic Profile will be determined by its adoption and the insights it generates. It stands as a testament to the continuous pursuit of better ways to handle and interpret the vast amounts of data generated in the modern business landscape. The Magic Profile may well be the next step in the evolution of data visualization, offering a fresh lens through which to view the complex interplay of metrics that define success in today’s competitive environment. For those interested in exploring this tool further, more information can be found at the Magic Profile website.

https://magic-profile.com/gartner_q2profile_e.html

(with help from Copilot)

Rethinking Business Administration: Embracing Business Engineering Systems

Innovation Cycles for Economic Models
Introduction
In a rapidly evolving global economy, traditional models of business administration are facing a crisis of relevance. The classic ‚Business Administration‘ paradigm, while once effective, no longer adequately captures the complexity and intricacies of modern business environments. The need for innovation in this arena has given rise to ‚Business Engineering Systems,‘ a new and revolutionary approach that promises to reshape the way we understand and manage businesses.

Thesis Statement
This essay argues that replacing the classic ‚Business Administration‘ with ‚Business Engineering Systems‘ is not just necessary but imperative. The new model’s integration of intangible assets, hybrid value models, and a holistic approach to economic analysis addresses critical gaps in traditional models, offering a more comprehensive, adaptable, and forward-thinking framework.

The Imperative for Change

Integration of Intangible Assets: In the old model, intangible assets like employee knowledge and skills were often overlooked or undervalued. ‚Business Engineering Systems‘ recognizes the immense value of these assets, treating them as crucial components of the business landscape.
Hybrid Value Model: Traditional models often relied solely on monetary metrics for measuring value. The new model introduces a hybrid value model, accounting for both monetary and non-monetary indicators. This approach reflects the multifaceted nature of modern business, where value encompasses a diverse array of factors.
Embracing Innovations: ‚Business Engineering Systems‘ mirrors the S-curve innovation approach seen in the development of physical objects. Recognizing that the old model has reached its saturation point, the new model paves the way for innovative solutions that were previously unattainable.
Mental Model Innovations: Philosophers and quantitative sciences are integrated into the new model, combining subjective, qualitative science with objective metrics, standards, scales, and formulas. This fusion ensures a more holistic understanding of economic systems.

Challenges with Classic Models

Historical Baggage: Traditional models, like those laid out by Pacioli and Adam Smith, have deep historical roots. However, these traditions often lead to stagnation and hinder adaptability to today’s rapidly changing business landscape.
Systemic Errors: The old models have systemic errors at their foundations. The overemphasis on the production factor ‚capital‘ and its monetary measurement as the standard unit of economic value overlooks the significance of knowledge, skills, and intellectual property.
Lack of Employee Recognition: Traditional teachings rarely account for the value of employee knowledge and skills, along with intellectual property. In today’s ‚intelligent‘ economy, these assets are vital and should be integrated into extended accounting practices.

The Promise of Business Engineering Systems

Extensive Development: ‚Business Engineering Systems‘ is not a mere concept but the result of extensive preliminary work, with a development expenditure exceeding CHF 6.5 million. Its name was copyrighted in Washington in 1992, showcasing its commitment to a transformative vision.
Compatibility and Adaptability: The new model is compatible with the old one, making the transition smoother. However, it offers far greater possibilities to represent the complexities of the modern business world, providing a smarter and more adaptable reality.
Target Audience: ‚Business Engineering Systems‘ is designed for a wide audience, including managers, decision-makers, professors, consultants, and auditors. Its versatility and applicability make it a valuable tool across various industries and sectors.

Conclusion
In conclusion, the replacement of the classic ‚Business Administration‘ model with ‚Business Engineering Systems‘ is not just a matter of choice; it’s a necessity. The imperative for change is evident in the gaps and limitations of the traditional models. ‚Business Engineering Systems‘ brings innovation, adaptability, and a holistic approach to economic analysis, making it the blueprint for success in the modern business world. Embrace this change, and we can truly unlock the full potential of our businesses and economies.

For more go to: Business Engineering Systems: Pioneering a New Economic Frontier

Werte neu verstanden und berechnet -> wieviel spekulative Luft haben Sie in Ihrem Portfolio?

Transparenz durch neue Dimensionen. Vertrauen Sie in Ihre Einsichten.

Neu aufgeschaltet: Das Wertschöpfungsnetz – Regelkreise zur unternehmensübergreifenden Wertschöpfung.

Neu aufgeschaltet: Das Wertschöpfungsnetz – Regelkreise zur unternehmensübergreifenden Wertschöpfung.

Eine Methodik zur ganzheitlichen Analyse, Gestaltung und Optimierung von nachhaltigen Wirtschaftssystemen. Gibt bisher undenkbare neue Freiheiten für unternehmerische Führungskräfte auf allen Ebenen.

Ein Baustein aus „Project NEMO“ (New/Next Economic Model)

http://project-nemo.org

#businessengineering

http://bengin.net/bes/value_logistic_d.html

We (anyone) know more than we

We (anyone) know more than we

a) are able to say, because words are missing – or

b) may say (are allowed to say) because it doesn’t comply with classical dogmas and or other rules.

Disruptive #innovations are only effective if we succeed in cracking or bypassing such barriers between the „preconscious“ and „conscious“ level of understanding.

We have developed solutions (tools, visualizations…) to overcome those barriers that traditional economics (paradigms) are hindering us to express the experienced real reality we are living in and are filtered out in classic “Economic Theory”.

Using this bypass gives management unexpected new freedom, creating integral value (internal AND external, tangible AND intangible, monetary AND non-monetary, social AND economic, …) in order to run a more sustainable enterprise.

http://bengin.net/paperse/worlds_and_men010_e.ppt

#businessengineering #sharedvalue #bteam #insede #innovation #thirdmetric

Business Engineering Systems discloses economic Potential(s).

Mainly based on intellectual capital.

Originally shared by Peter Bretscher

Who’s afraid of imaging the economic potential? How to map and measure it?

Potential cannot be measured directly, but determined ( = calculate ).

Analogously, as for example, the potential or kinetic energy ( in physics ) is not measured, but it can be calculated / determined.

There are several ways to determine the potential(s).

Basically, the potential itself does NOT have a monetary unit and is drawn perpendicular to the axis of money. In the picture below the unit is [i$]. Letter “i” stands for „implicit / imaginary“.

To calculate the economic potential, it needs two monetary points (Pythagoras).

The picture shows an example of the calculation of the potential based on assets and sales in [$].

But it could also be payroll and sales, project costs and expected revenues, pizza price in a discount store and a pizzeria, total assets and market capitalization….

Using this principle – and correction factors – is it possible to create a balance sheet of the potential…

In addition there’s quite a lot more basics, for example on YouTube:

Mapping Intangible Assets too – beyond classic economic mindset:

Mapping Intangible Assets too – beyond classic economic mindset

Economic Value Architecture and Engineering 2012 alpha:

Economic Value Architecture and Engineering 2012 alpha

Strategic Potential and Performance Quadrants (explicit meets implicit):

Strategic Potential and Performance Quadrants (explicit meets implicit)

Or in general:

http://www.youtube.com/peterbretscher

There are „silent movies“ – Notes and links for download pdf are in the „Info“ part of the movies.

#businessengineering #thirdmetric #sharedvalue #bteam

Wir wissen mehr, als wir

Wir wissen mehr, als wir

(a) sagen können, weil die Worte fehlen – oder

(b) sagen dürfen, weil sie klassischen Lehrmeinungen oder anderen Regeln nicht entsprechen.

Disruptive #Innovationen werden dann wirksam, wenn es gelingt, solche Sperren zwischen dem „Vorbewussten“ und dem „Bewussten“ zu knacken.

Wir haben Lösungen entwickelt, mit denen solche Sperren der tradierten Wirtschaftswissenschaften (Paradigmen) abgebrochen werden.

Das gibt dem Management neue Freiheiten, ganzheitliche Wertschöpfung (intern und extern) zu betreiben und auszuweisen.

https://bengin.net/papersd/welten_und_mensch010_d.ppt

Zum Thema Intuition im Unternehmen:

von +Andreas Zeuch https://plus.google.com/u/0/116953204951870707574/posts/g5JGXfysMs8

#Businessengineering #Sharedvalue

Time to Reengineer Economics (the models, the theory) – with Original Business Engineering – the solution that makes…

Time to Reengineer Economics (the models, the theory) – with Original Business Engineering – the solution that makes Business Administration integral

Only original and authentic:

a) if & when it is potential-oriented.

Base of next model not only considers tangibles, but also the intangible resources / potentials.

b) if & when old values paradigm / metrics expands.

Next value paradigm / metrics measures and visualizes monetary AND nonmonetary value indicators. Simultaneously (Vector Value Metric).

Everything else is facade painting.

Pictures download as pdf: http://bengin.net/dl13/howto_create_sv_01_2013_e.pdf

#thirdmetric #sharedvalue #bteam