Reengineering as a Strategic Alternative
By now you should have a clear picture of reengineering.
This Strategic Alternative has many compelling positive and negative features.
There are various instances where reengineering is a viable solution to creating
shareholder value. This SA should be considered when you feel that the way your
business is operating can be improved by breaking down functional barriers and
removing needless tasks in business processes. The benefits of reengineered
processes are increased efficiency, market share enhancement, and better
resource consumption. The risks are unreasonable expectations, lack of sustained
executive commitment, resistance to change, and technology performance
failure.