Business process re-engineering (BPR) was found in the early 1990s as a strategy of business management and its focus is to create a new transformation to redesign business processes in order to improve cost‚ quality and customer services by eliminating operational costs and repetitive old fashioned business processes within organizations. In recent years‚ as information technology plays an important role in business world‚ it becomes clear that changes in management process in business due to technology
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Case Studies - BPR in Poland The first ever Business Process Reengineering (BPR) project in the formerly communist countries of eastern Europe was completed on October 28th‚ 1994 by Wizdom Polska‚ the Polish subsidiary company of Wizdom Systems‚ Inc. Wizdom has once again taken BPR to new frontiers‚ achieving unprecedented results in the massive task of Reengineering a company laden with the residuals of 50 years of central planning. The company‚ Stomil Sanok S.A.‚ is a manufacturer of rubber
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William DeLong FINC 350 G Week 5 Project The two companies that I will be comparing ratios for are Occidental Petroleum Corporation and Valero Energy Corporation to each other as well as to the industry. First I would like to start of by comparing the P/E ratio‚ or the price to earnings ratio of the two companies as well as to the industry standard. This ratio is used to measure the relationship between a stock’s price and its earnings. It will tell you what the market is willing to pay
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Bank of Chase Opportunities: The Bank of Chase‚ being a global financial services provider can have several growth and expansion opportunities. They should take up the opportunities of expansion and diversification. The Bank of Chase has built several core capabilities in the banking and fiancé segments. So it is possible for them to enter countries like India and China‚ where they can enter through joint ventures and explore these developing and booming markets. They can also improve their
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JP Morgan&Co./ Chase Manhattan Bank Merger 1.Introduction The combining of two or more companies‚ generally by offering the stockholders of one company securities in the acquiring company in exchange for the surrender of their stock.(referenca 1) Mergers are a common practice in the business world because they enable increased efficiency and market share. 2.History 2.1.JP Morgan&Co. J.P.Morgan & Co.‚ was founded in New York in 1871 as Drexel‚ Morgan & Co. by J. Pierpont Morgan
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and implementation of a new methodology Maria Vakola and Yacine Rezgui University of Salford‚ Salford‚ UK Keywords BPR‚ Methodology‚ Organizational change Abstract Explores the need for a business process re-engineering methodology and presents a critique of the existing methodologies. The identified weaknesses served as a basis for the development of a new eight-stage BPR methodology which was implemented and evaluated within three European construction companies. Summarises these stages
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Tools to support BPR When a BPR project is undertaken across the organization‚ it can require managing a massive amount of information about the processes‚ data and systems. If you don’t have an excellent tool to support BPR‚ the management of this information can become an impossible task. The use of a good BPR/documentation software is vital in any BPR project. The types of attributes you should look for in BPR software are: Graphical interface for fast documentation "Object oriented" technology
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all levels to re-engineer their business organisations. The banking operations and functions which is intend to meet emerging challenges of bank consolidation‚ slashing operating cost‚ outsourcing‚ portfolio investment‚ payments and settlement system call for innovative banking practices through Business Process Re-engineering. This is to enable Nigerian banks to incorporate strategic innovative customer schemes in order to bridge the service gap inherent in Nigerian banking sector. The objective
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machine utilization is low. Solving the issues plaguing the machines would improve utilization and improve efficiency and overall profitability. The issue could also be personnel not available to work the machines or not trained where needed. Chase Manhattan Bank Case study F= Full time personnel P1 is the part-timers join at 9 A.M. P2 is the part-timers join at 10 A.M. P3 is the part-timers join at 11 A.M. P4 is the part-timers join at 12 Noon P5 is the part-timers join at 1 P.M. P6 is the part-timers
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Introduction J.P. Morgan Chase & Co. is a prominent and successful Fortune 500 company. It is the largest bank in the United States by assets. CEO James Dimon‚ has lead the J.P. Morgan Chase & Co. through multiple risky events. J.P. Morgan Chase & Co. has been facing multiple fines and settlements due to its failure to abide by its own code of conduct. The company has failed to follow procedures and regulations on numerous occasions. The company is becoming notorious for making unethical decisions
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