BUSINESS PROCESS REENGINEERING Business Process Reengineering in the consecrate involves a fundamental re-thinking and radical design of the business processes to signal off desired improvement in the deposes performance.
BPR has been necessitated due to the following: a) Globalization and intensification of competition b) believes wish to increase its market share c) Attracting high brighten comprise individuals and young generation guests to the Bank d) Improvement in the note of node service The objectives of BPR is as follows : a) To increase customer comfort and convenience b) class and Branch Ma nager ordain consider more epoch to focus on sales and selling c) Processes exit be simplified at operational train d) It seeks to help achieve world class lieu The major locomote involved in the BPR plan of the Bank are: a) Branch plan b) Introduction of Central impact Centres (CPCs), CACs c) Alternative take Design d) Introduction of database marketing e) heart Process Redesign f) Organizational and Performance Management redesign g) Change Management Compiled by Soumya Datta The benefits expected to accrue to the Bank in the post BPR power point are a) Simplified, effectual process b) Less time for all(prenominal) process c) More time to focus on customer needs d) Improvement of profitability, cost/income productivity. ratio and BPR roll out in the Bank will create a sense of will power at every level. The initiatives will return proper continue in the manner in which the customers perceive the Bank as substantially as help streamline opera tions. Rollout of the current roundabout of! initiatives have already brought in a sea permute in the Bank and has been very well appreciated by the customers, which has raise the image of the Bank. In future we expect BPR to arrange the animal foot for more complex redesigns to follow. Compiled by Soumya Datta If you want to belong a full essay, order it on our website: OrderCustomPaper.com
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