Engineering Management: Meeting the Global Challenges, Second Edition - A Comprehensive Guide
If you are an engineer who wants to excel in your managerial responsibilities, acquire useful business perspectives, and take on the much-needed leadership roles to meet the challenges in the new millennium, you need to read Engineering Management: Meeting the Global Challenges, Second Edition by C. M. Chang.
This book is a comprehensive guide that covers all the essential topics of engineering management, such as planning, organizing, leading, controlling, cost accounting, financial accounting and management, marketing management, creativity and innovation, operational excellence, and global leadership.
The book is organized into three major sections: the functions of engineering management, business essentials for engineering managers, and engineering leadership in the new millennium. Each section contains several chapters that provide in-depth knowledge and practical examples of the concepts and tools that engineering managers need to succeed in today's competitive and dynamic marketplace.
The book also emphasizes the value addition, customer focus, and business perspectives that engineering managers should adopt to create strategic differentiation and operational excellence. The book also underlines the discussions of leadership attributes, steps to acquire these attributes, the areas engineering managers are expected to add value, the web-based tools that can be aggressively applied to develop and sustain competitive advantages, and the opportunities offered by market expansion into global regions.
The book is based on the new strategy for science, technology, engineering, and math (STEM) professionals and managers to meet the global challenges through the creation of strategic differentiation and operational excellence. The book has been revised and updated from its first edition to include a new chapter on creativity and innovation, a new chapter on operational excellence, and a combination of the chapters on financial accounting and financial management.
The book also strives for achieving the T-shaped competencies, with both broad-based perspectives and in-depth analytical skills. Such a background is viewed as essential for STEM professionals and managers to exert a strong leadership role in the dynamic and challenging marketplace.
Engineering Management: Meeting the Global Challenges, Second Edition is a must-read for engineering managers who want to enhance their skills and knowledge in engineering management. The book is also suitable for undergraduate and graduate students who are pursuing engineering management courses or programs.
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In this article, we will review some of the key concepts and topics that are covered in Engineering Management: Meeting the Global Challenges, Second Edition by C. M. Chang.
Planning is the process of setting goals, objectives, strategies, and action plans for an organization or a project. Planning helps engineering managers to define the scope, schedule, budget, quality, and risks of their projects and to align them with the organizational vision and mission. Planning also helps engineering managers to communicate their expectations and requirements to their team members and stakeholders.
The book introduces various planning tools and techniques that engineering managers can use to plan effectively and efficiently, such as SWOT analysis, PEST analysis, Porter's five forces analysis, SMART goals, Gantt charts, network diagrams, critical path method, earned value management, and risk management.
Organizing is the process of arranging and allocating resources, such as people, materials, equipment, and information, to achieve the goals and objectives of an organization or a project. Organizing helps engineering managers to create a structure and a system that support the execution of their plans and strategies. Organizing also helps engineering managers to coordinate and integrate the activities and functions of their team members and stakeholders.
The book discusses various organizing principles and models that engineering managers can apply to organize effectively and efficiently, such as division of labor, span of control, chain of command, authority and responsibility, delegation and empowerment, centralization and decentralization, functional structure, matrix structure, projectized structure, hybrid structure, and agile structure.
Leading is the process of influencing and motivating others to achieve the goals and objectives of an organization or a project. Leading helps engineering managers to inspire and guide their team members and stakeholders to perform at their best and to overcome any challenges or difficulties. Leading also helps engineering managers to create a positive culture and climate that foster collaboration, innovation, learning, and growth.
The book explores various leading styles and skills that engineering managers can develop to lead effectively and efficiently, such as autocratic style, democratic style, laissez-faire style, situational style, transformational style, transactional style, charismatic style, servant style, emotional intelligence skill, communication skill, conflict management skill, negotiation skill, aa16f39245