Strategy Implementation
Reengineering is basically starting over with the rethinking and radical redesign of business processes in order to achieve dramatic improvements in critical contemporary measures of performance, such as cost, quality, and speed. Reengineering is not a fad; it has been around over a decade and still offers organizations to engage in transforming their processes. Reengineering has become a very important element for any business to survive, because of the dynamic business environment we have today. Not only because of that, but also because of changing technology, business processes, fundamentals, and the continuous redefining of practices. What reengineering does is help businesses from becoming obsolete and focuses on the end results.
In order for reengineering to be successful it requires a systematic procedure for the implementation of methods and tools. Also it has to be able to take in consideration of its critical success factors. In 1998, Porsche AG's development......
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