Reengineering
Reengineering refer to (1) A method for making rapid, radical changes to a company's organization and processes; (2) taking apart a competitor's products to see how they are designed and then designing similar products.
Definition
According to Managing Quality by Foster (6th edition),
- Reengineering. (1) A method for making rapid, radical changes to a company's organization and processes; (2) taking apart a competitor's products to see how they are designed and then designing similar products.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Reengineering. The fundamental rethinking and redesign of business processes to achieve improvements in critical measures of performance, such as cost, quality, service, speed, and customer satisfaction.