Reengineering
Reengineering
Definition
Systematic starting over and reinventing the way a firm,
or a business process, gets its work done. Defined by
Michael hammer and James Champy (in their 1993 book
'Reengineering The corporation ') as "fundamental
rethinking and radical redesign of business process to
achieve dramatic improvements in critical measures of
performance such as cost , service, and speed." See also
business process reengineering.