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Business Process Re-engineering (BPR) contributes to the expansion of value in a business by improving process efficiency and leveraging new BPR best practices. This focus on function-specific projects expands into core business processes, leading to value expansion. Value chains are optimized through business process redesign, and as the redesign reaps benefits for the organization, an enterprise-wide transformation occurs. This transformation ultimately redefines the organization's strategic value, making it more innovative.
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For instance, as process efficiency improves with BPR and new BPR best practices are leveraged, the focus on function-specific projects expands into core business processes, and value expansion happens. Value chains are focused on and optimized through business process redesign and as the redesign reaps benefits for the organization, an entire enterprise-wide transformation occurs. As this occurs, the organization's strategic value is ultimately redefined and more innovative. (Slide 11)
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How do you cut costs and streamline workflows that are vital to your organization? Consider business process re-engineering, a systematic overhaul to ...
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