To maintain profitability and a competitive advantage in a challenging and uncertain marketplace, many leading companies are turning to business process reengineering. When executed well, business process reengineering initiatives can result in more efficient and effective operations, with an improved bottom line and balance sheet. Several factors can go a long way toward ensuring the success of a business process reengineering program:
- Visible, sustained support from executive leadership and commitment to the business process reengineering project.
- A strong business case based on empirical data that aligns the business process reengineering effort with strategic goals and defines clear, measurable objectives
- Use of proven business process reengineering methodologies that have solid grounding in real-world results - not just in theory.
- Clear communication within the organization, including documentation, which conveys the goals of the business process reengineering initiative as well as the roles and responsibilities of the participants.
- An end-to-end perspective that takes into account the entire process, and involves multiple parts of a company that may play roles in elements of its execution.
- Identification and attainment of "quick wins" that can help to build early confidence in the business process improvement initiative.
Cinfy is a leading global strategic advisory company and the right partner for your business process reengineering program. Our business process expertise spans all major business operations including Finance, HR, IT, and Procurement. We can deliver end-to-end solutions for all of your business process reengineering needs. We offer superior solutions for critical business needs such as cost optimization, shared services, working capital management, globalization and outsourcing, IT strategy, supply chain consulting, and more. To learn how Cinfy defines and enables world-class performance, contact us.
