Business Process-reengineering: 7 Critical Success Factors for a Smooth Transformation of Your Organization Processes - Softcover

Dr. Z

Softcover

ISBN 10: 1604813261 ISBN 13: 9781604813265

Publisher: Wordclay, 2008

Synopsis

The critical success factor for a business is the successful execution and management of its key business processes, and thus the need for business process management (BPM), which consists of tools, technologies, systems, standards, and methodologies for the capture, articulation, automation or orchestration, and optimization of business processes. Critical success factors help one to focus attention on major concerns and are always present for the organization to achieve a successful transformation. These success factors can be used in concert with strategic planning methodologies and have become an important area of study because more than half of the early reengineering projects failed to be completed or did not achieve bottom-line business results without the presence of these critical success factors. Business Process Reengineering is being used as a vehicle for re-aligning strategy, operations, and systems to deliver significantly increased financial results and customer satisfaction. It helps to find ways to do more with less, and provide a better product or service in a minimum amount of time, speed, quality, and cost. In one important way, though, reengineering differs from past incremental and analytic methods and allies itself with more suspect movements. In political terms, it more closely resembles a coup d'etat than a parliamentary democracy. Those applying the label "efficiency through reengineering" advocate the adoption of radical means to achieve corrective actions. This extremism offers seemingly instant relief from the pressure on corporate executives to show immediate improvements. It calls for discarding all existing institutions and reconstituting an organization on the basis of completely fresh ideas; the new business model is expected to spring forth from the inspired insights of a new leadership team. This study has demonstrated that there are seven critical success factors that have emerged out of every successful business process reengineering transformation. They are the following 1. Executive Level Support. 2. Strategic Alignment 3. Business Case for Change 4. Proven Methodology 5. Change Management 6. Line Ownership 7. Reengineering Team Composition These seven critical success factors are essential elements to the successful transformation process. Over time, many derivatives of radical, breakthrough improvements, and continuous improvements, have emerged that attempt to address the difficulties of implementing major change in corporations. It is difficult to find a single approach exactly matched to a particular company's needs, and the challenge is to know what method to use, and how to pull it off successfully so that positive business results are achieved.

Edition details

• Publisher: Wordclay
• Publication date: 2008
• Language: English
• ISBN 10: 1604813261
• ISBN 13: 9781604813265
• Binding: Paperback
• Number of pages: 232