Business Process Reengineering In Financial Service Sector Commerce Essay

Business Process Reengineering In Financial Service Sector Commerce Essay Business Process Reengineering is a management practice that aims to improve the efficiency of the business process. The key to BPR is for organizations to look at their business processes from a â€Å"clean slate† perspective and determine how they can best construct these processes to improve how they conduct business. Reengineering is a fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in cost, quality, speed, and service. BPR combines a strategy of promoting business innovation with a strategy of making major improvements to business processes so that a company can become a much stronger and more successful competitor in the marketplace. Re-engineering is the basis for many recent developments in management. Also, many recent management information systems developments aim to integrate a wide number of business functions. Enterprise resource planning, supply chain management, knowledge management systems, groupware and coll aborative systems, Human Resource Management Systems and customer relationship management systems all owe a debt to re-engineering theory. Business Process Reengineering is also known as Business Process Redesign, Business Transformation, or Business Process Change Management. DEFINITION â€Å"The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical contemporary measures of performance, such as cost, quality, service, and speed.† OVERVIEW OLD WINE IN NEW BOTTLES Business process reengineering (BPR) began as a private sector technique 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. A key stimulus for reengineering has been the continuing development and deployment of sophisticated information systems and networks. Leading organizations are becoming bolder in using this technology to support in novative business processes, rather than refining current ways of doing work. Business process reengineering is one approach for redesigning the way work is done to better support the organization’s mission and reduce costs. Reengineering starts with a high-level assessment of the organization’s mission, strategic goals, and customer needs. Basic questions are asked, such as â€Å"Does our mission need to be redefined? Are our strategic goals aligned with our mission? Who are our customers?† An organization may find that it is operating on questionable assumptions, particularly in terms of the wants and needs of its customers. Only after the organization rethinks what it should be doing, does it go on to decide how best to do it. Within the framework of this basic assessment of mission and goals, reengineering focuses on the organization’s business processes-the steps and procedures that govern how resources are used to create products and services that m eet the needs of particular customers or markets. Reengineering focuses on redesigning the process as a whole in order to achieve the greatest possible benefits to the organization and their customers. This drive for realizing dramatic improvements by fundamentally rethinking how the organization’s work should be done distinguishes reengineering from process improvement efforts that focus on functional or incremental improvement Business process reengineering is the main way in which organizations become more efficient and modernize. Business process reengineering transforms an organization in ways that directly affect performance.

Women in Greek Mythology Essay Example | Topics and Well Written Essays - 2000 words

Women in Greek Mythology - Essay Example In Greek mythology, women are seldom considered in isolation from men, though critics consider important exceptions below, and they seldom have scope for action on their own initiative. According to Dillon (2002): Numerous oppositions in the ways in which Women were categorised, often determined by their role in society, and also their ethnic origin, are reflected in the various dichotomies of citizen wife/foreign woman, slave/free, prostitute/wife, girl/woman, and woman priest/woman sorcerer, to name some, all of which could overlap, and influenced how, why, when and where they gave expression to their religious beliefs (5). Mostly, females are either (a) children, (b) nubile maidens or (c) married. What is absent from this female career structure is any stage between initiation and marriage - the stage which allows the male to become a warrior, prove himself and discover himself: men marry later than women (Dillon 2002). Widows are mostly ignored and single women cannot be allowed to exist, except for goddesses like Circe and Kalypso in the Odyssey. For instance, "Hera is most typically a goddess of women, and it is for that reason that she is on occasion worshipped as Maid, Wife, and Widow, the last title giving no little trouble to interpreters of her myths in classical times, seeing that her husband was immortal" (Rose 1991, 103). In Greek mythology, womanhood is depicted through religious ritual and values followed by women characters. It is not surprising that religious dogmas became the code of behavior for women who needed strong arguments to prove their decisions. Gods are supposed to be temperate, diligent, loyal, hard-working, and cheerful. Although the religion women's responsibility for one's destination in the next life and one's fortunes in this, the individuals form a tight-knit and strongly. The above picture is supported with a number of important cases of religious domination remaining important because it continues to serve a variety of important social functions. The realization that a woman has to devote herself to husband and live according to the values was typical for all mortal women. Even if women want to be equal to men they would never talk about this with their husband. Such behavior considered typical for this epoch (Lefkowitz, 1986). A special attention was given to the role of marriage. For instance, Orestes acquires his entitlement to the throne of Sparta by marriage with Menelaos' daughter, Hermione. Menelaos came to the throne through his marriage with Tyndareus' daughter, Helen. Odysseus' winning of Ikarios' daughter, Penelope, has a high profile in the mythology - a myth which Homer, in his characteristic way, replays through the perverted attempt of the suitors to win Penelope's hand in Ithaka. In these cases the succession to the throne passes via a woman. This is not 'matriarchy', for women are not queens in their own rite, nor is it 'matrilinearity' (Rosaldo, Lamphere 1974), for power passes via daughters and wives, not mothers. Indeed the marriage is called into existence precisely because the daughter cannot wield power herself. This belongs in the broader Greek cultural picture of the