Its principal source of revenue came from which include residential and commercial mortgages‚ and consumer and corporate loans. Michael LeBlanc‚ the Senior Vice President of Trust‚ Investment and Treasury‚ led the project aimed at reengineering Providian Trust’s business processes by implementing a major software system called Access plus- an asset management system developed by Select One. . LeBlanc believed that the implementation of access plus would give management the power to control client’s
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Social Sciences – Volume 7‚ Number 1 (2008) Impact Assessment of Business Process Reengineering on Organisational Performance Mrs. Adeyemi‚ Sidikat Department of Business Administration‚ Faculty of Business and Social Sciences University of Ilorin‚ P. M. B. 1515 Ilorin‚ Kwara State‚ Nigeria E-mail: sidiadeyemi@yahoo.com Tel: +234 8054451111 Mr. Aremu‚ Mukaila Ayanda Department of Business Administration‚ Faculty of Business and Social Sciences University of Ilorin‚ P. M. B. 1515 Ilorin‚ Kwara
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Based from the process identified above‚ it shown that the process has been improved form traditional way to system online‚ the customers no longer have to queue and wait for hours to use the services. It also showed that business-reengineering process happen in the company to improve quality and productivity that give the most benefits to the company. In our culture‚ many organizations miscalculate what it takes to reengineer a business successfully. Such reengineering takes time‚ the larger
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popular between periods of time but lost its popularity in the long run. Management fads are most of the time introduced by management gurus‚ management consultants. Examples of fads are Quality Circles‚ Total Quality Management‚ and Business Process Reengineering. Depending on the managers and how the fad is implemented‚ it could have either a negative or positive effect on a company. Quality Circles - A group of employees who perform similar duties and meet at periodic intervals‚ often
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History of Southwest Airlines On February 20‚ 1968 the Texan Aeronautical Commissions approved plans to fly in 3 states‚ the creators are Rollin King and Herb Kelleher Expanded through 1980’s to 1990’s by 1993 Southwest Airlines could fly in 34 states in 15 states In 2002 they traveled in 58 cities and 30 states‚ it has been 13 years in a row that they are profitable‚ even after September 11‚ 2001‚ net income fell 52.9 percent‚ Southwest was the only airline company that had a profit all the
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companies saw the disruptive technology coming ahead. Fujifilm cannibalized the film business and Kodak wasn’t able to do it as the reengineering process had to be done. According to Hammer in the book ‘Reengineering the corporations’ reengineering entails the radical redesign of a company’s business process. But while reengineering does start with process redesign‚ it doesn’t end there. Fundamental changes in business processes have implications for many other parts and aspects of an organization-every
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BPR implementation process: an analysis of key success and failure factors Majed Al-Mashari and Mohamed Zairi BPR implementation process 87 Bradford University Management Centre‚ Bradford‚ UK Keywords BPR‚ Implementation‚ Process management‚ Success Abstract This paper provides a holistic view of the Business Process Re-engineering (BPR) implementation process. It reviews the literature relating to the hard and soft factors that cause success and failure for BPR implementation‚ classifies these
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Business Process Re-engineering Business process re-engineering focus on the analysis and design of workflows and processes within an organization. BPR aimed to help organizations fundamentally rethink how they do their work in order to dramatically improve customer service‚ cut operational costs‚ and become world-class competitors. BPR seeks to help companies radically restructure their organizations by focusing on the ground-up design of their business processes. According to Davenport (1990)
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The scope of reengineering includes process improvement‚ process reengineering‚ business reengineering and transformation. The case of Chase Manhattan Bank belongs to the process reengineering‚ not process improvement or quick hits. In Chase Manhattan Bank‚ reengineering requires not only the rethinking of the business process but a concurrent examination and redesign of the information technologies and organization that support these processes. The Scope also includes entire business enterprise‚
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Introduction to Process Reengineering By Teresa Chiapputo Abstract Have you ever heard the expression in your workplace‚ "We don’t need to throw out the baby with the bath water"? I know in my company you’ll hear this expression at least once a day. The context of the statement is around redesign of current processes in order to gain productivity‚ lower costs and to better serve the customer. It appears that most companies are comfortable with incremental change methodology however‚ in the
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