Fractal Approach to Managing Intelligent Enterprise

Fractal Approach to Managing Intelligent Enterprise

Kwangyeol Ryu (Pohang University of Science and Technology, Korea) and Mooyoung Jung (Pohang University of Science and Technology, Korea)
Copyright: © 2004 |Pages: 37
DOI: 10.4018/978-1-59140-162-9.ch015
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Abstract

This chapter introduces a fractal-based approach to managing intelligent enterprises. Faced with intense competition in the growing global market, fundamental changes are mandatory in business models, management approaches, and technology resources. In this chapter, therefore, several strategic issues for managing intelligent enterprises are discussed in a comprehensive manner, including: (1) fractal models of an intelligent enterprise with new hierarchies and structures for future organizations, (2) strategic supply chain models of e-biz companies based on fractal architectures, and (3) Fractal Manufacturing System (FrMS) as a type of a future manufacturing system. The authors hope that understanding the proposed methodologies and approaches based on the fractal concept will not only facilitate the realization of fractal-based systems, but also give readers an insight into the requirements of future organizations.

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