Focusing on The Bottom Line

Abstract

It is proposed that all stakeholder requirements on a system can be traced back to a single, high-level requirement - maximising the profit generated by the operation of the system. However, to do so, a link needs to be established between systems engineering and business, and it is argued that there are two ways in which systems engineers can take the lead in developing this link. Firstly, using the systems engineering methodology to develop the business model. Secondly, to use their understanding of the system to extend the model so that the business objectives are expressed in terms of system design parameters.

Author
Erik Aslaksen
Sinclair Knight Merz

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