Definition

Business process reengineering

  A  popular method by which organizations worldwide undergo restructuring efforts to remain competitive.  It involves fundamental rethinking and radical redesigning of a business process so that a company can best create value for the customer by eliminating   barriers that create distance between employees and customers.

Share it:  Cite

More from this Section

  • Stability strategy
    Stability strategy is a corporate strategy in which an organization continues to do what ...
  • Recruitment
    Recruitment is locating, identifying, and attracting capable applicants. ...
  • Global industry
    Industry in which competition crosses national borders . A global industry is one that ...
  • External environment
    The term external environment refers to factors and forces outside the organization that ...
  • Strategies
    Strategies refers the plans for how an organization will do what it’s in business to ...