Critical Success Factor: Re-Engineering Business Processes
Business process reengineering (BPR) is the redesign of business processes and the associated systems and organizational structures to achieve a dramatic improvement in business performance. The business reasons for making such changes could include poor financial performance, external competition, erosion of market share or emerging market opportunities. It is the examination and change of five components of the business:
- Strategy
- Processes
- Technology
- Organization
- Culture
FI$Cal’s vision for BPR is to take the best practices from Accenture, the System Integrator (SI) and implement best business practices to make the State of California function more efficiently, more effectively and more transparently in the future in the accounting, budgeting and procurements functions.
