Review:
Process Reengineering
overall review score: 4.5
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score is between 0 and 5
Process 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.
Key Features
- Rethinking and redesigning business processes
- Achieving dramatic improvements in performance metrics
- Cost reduction
- Quality improvement
- Service enhancement
- Speed optimization
Pros
- Can lead to significant cost savings
- Improves efficiency and effectiveness of processes
- Enhances customer satisfaction
- Allows organizations to adapt to changing market conditions
Cons
- May face resistance from employees who are accustomed to existing processes
- Requires time and resources for implementation