How many times have you realised the needs of performing process reengineering or process redesign in your organization but was not successful or didn’t get the intended benefits of efficiency or effectiveness or optimization improvement in the respective functional or operational areas?
Past studies have shown that an estimated 50%-70% of the reengineering initiatives fail to achieve the intended strategic objectives or results. This can be attributed to multiple factors working in tandem or in isolation like insufficient resources, inadequate analysis, improper direction, lack of executive support, resistance to change, skepticism about reform, internal conflicts, lack of “out of the box” thinking, etc. Moreover, it has been found that there are shortcomings in the review of business processes and identification of issues and candidates for reengineering.
Nevertheless, the benefits of process reengineering and redesign in terms of business cost and process time reduction, service quality and customer satisfaction improvement, risk reduction, business transparency and process consistency, can’t be overlooked, provided the same is done with the right focus and due diligence.