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

  • Conceptual skills
    Conceptual skills are the skills managers use to think and to conceptualize about abstract ...
  • Stability strategy
    Stability strategy is a corporate strategy in which an organization continues to do what ...
  • Retrenchment
    Cutting back on products, markets, operations because the firm’s overall competitive ...
  • Social justice approach
    judging the appropriateness of a particular action based on equity, fairness and impartiality ...
  • Network organization
    Another structural option for managers who want to minimize or eliminate organizational ...