Reengineering The Corporation: A Guide to Transforming Your Organization
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The results of the reengineering efforts were nothing short of remarkable. Within a year, Smithson Corporation had reduced its product development cycle by 50%, improved its on-time delivery rate to 95%, and reduced costs by 20%. The company's revenue began to grow, and its profitability soared. reengineering the corporation download free
The team decided to reorganize the company around business processes, rather than functions. They created process teams that were responsible for specific business outcomes, such as order-to-cash and procure-to-pay. This new structure encouraged collaboration and accountability across departments. Reengineering The Corporation: A Guide to Transforming Your
Next, they turned their attention to the organizational structure. For decades, Smithson Corporation had been organized along functional lines, with separate departments for manufacturing, marketing, and sales. However, this structure had led to silos and a lack of communication between departments. The team decided to reorganize the company around
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To support these changes, the team also invested in new technology, including enterprise resource planning (ERP) software, customer relationship management (CRM) tools, and business intelligence systems. These systems helped to streamline processes, improve data analysis, and enable better decision-making.