Business Process Redesign or Reengineering - 1009 Words

Business Process Redesign or Reengineering Business Process Redesign (BPR) or Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical, contemporary measures of performance, such as cost, quality, service, and speed (Hammer and Champy, Reengineering). Since the BPR idea has surfaced it has been under constant ridicule by the popular press. They say it takes far too long, creates management headaches, fails 70% of the time, and its only for big companies with big checkbooks (Hydrel...). However, I feel that with the right plan, the right people, and total commitment from those involved, BPR or Reengineering can work for any company. The Hydrel Experience A†¦show more content†¦However, this idea didnt last long due to the overwhelming number of replies from the Ideas To Bank On, which was a suggestion box. And TCB was forced to create about 180 process teams. Which included senior managers,process managers, team leaders, and about 1,800 employees (Betting...). This move, however, caused a bit of turmoil in the whole process due to he fact that, many employees werent use to works in groups. And eventually led to the redesign phase, one that went to drastic measures and wiped the slate clean. This time, however, the bank knew what it had to do. So this time TCB moved quickly through the process, and it led to quick results. They began by redesigning the banks lines, question certain products, eliminated processes, and apply newer technologies. And finally a blue print emerged. Which included narrative descriptions of processes, new flowcharts, all projects cost/benefit analyses, and the implementation of strategies. The benefits of this process were significant: 16,000 ideas, 1005 projects, 1,100 positions to be terminated, and $43M in reduced expenses (Betting...). So now that a new plan is in place TCB has taken the appropriate steps to keep them in working order. The 1,005 recommendations have been assigned to teams within the line o f business. Formal project plans for each team are developed and gathered weekly and are loaded into a database for tracking by other interdependenciesShow MoreRelatedEssay on Business Process Redesign Or Reengineering977 Words   |  4 Pages Business Process Redesign or Reengineering nbsp;nbsp;nbsp;nbsp;nbsp;Business Process Redesign (BPR) or Reengineering is quot;the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical, contemporary measures of performance, such as cost, quality, service, and speedquot; (Hammer and Champy, Reengineering). Since the BPR idea has surfaced it has been under constant ridicule by the popular press. They say it takes far too long, createsRead MoreReengineering The Corporation : A Manifesto For Business Revolution1437 Words   |  6 Pagesthe book Reengineering the Corporation: A Manifesto for Business Revolution, Michael Hammer and James Champy discuss a concept that he originated known as â€Å"reengineering†. The process of reengineering involves coming up with new ideas, specifically processes, which are technologically advanced and extremely effective in completing corporate work. Companies must think ahead so that they will not only succeed today, but also set the rules for future business. A critical part of reengineering involvesRead MoreBusiness Process Reengineering : Company Values On Customer Needs Essay764 Words   |  4 PagesBusiness Process Reengineering involves the radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times and quality. In Business Process Reengineering, companies start with a blank sheet of paper and re-think existing processes to deliver more value to the customer. They typically adopt a new value system that places increased emphasis on customer needs. Companies reduce organizational layers and eliminate unproductive activities in two key areas. FirstRead MoreBusiness Process Reengineering Essay1589 Words   |  7 PagesBackground Business process reengineering has widely become a significant trend in enterprise organizations seeking to innovate and massage business processes. It should come as no surprise that â€Å"over the last decade, numerous organizations have significantly changed their business processes in order to remain competitive in the global market† (Hadaya Pellerin, 2008). 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The Scope also includes entire business enterprise,Read MoreQuality Management Essays1305 Words   |  6 Pagesimprove the quality of their services due to fact that the health care environment continues to change dramatically. There are various understandings on what quality is. Kairong (2010) states that it can be refer to the process in which inspections are conducted to detect defects, the process in which products are produced to meet customer requirements, or it can be defined as customer satisfaction. No matter how quality is defined, Manghani (2011) argues that it â€Å"should remain the hallmark of a companyRead MoreAnalysis Of The Book Reengineering The Business World 1240 Words   |  5 Pagesbegan reading this book with an open mind even though I have heard mixed reviews about this subject of â€Å"reengineering the business world† before. Now, personally I do think this book is a bit out dated as the business world as evolved a lot since this book was written, for example neither of the authors mentioned outsourcing yet in the business world today, outsourcing is one of the newest reengineering solutions for the biggest, most complex, and costly processes companies face today. However there areRead MoreThe Changing Scenario Of Sbi ( State Bank Of India ) After Adopting The Concept Of Bpr Essay1503 Words   |  7 PagesINTRODUCTION Financial institutions and banks will continuously claim in order to provide the customer driven services. For this the banks and financial institutions are being adopted the unique concepts in business process reengineering i.e., the fundamental rethinking and radical redesign in the business of processes to achieve the dramatic improvements of critical, contemporary measures in performance such as the cost, quality, speed and service. At present the era of cut throat competition in both at