COST ACCOUNTING
BALANCED SCORECARDS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Eliminating unnecessary activities and tasks
|
|
|
Developing employee skills
|
|
|
Changing roles and responsibilities
|
|
|
Working across functional lines to focus on the entire business process
|
Detailed explanation-1: -Business Process Reengineering is more than just the adoption of new practices, but also should be tied to higher-end goals while simultaneously improving human capital. A well-thought out change management strategy is crucial for success. This also includes a robust communication and employee engagement plan.
Detailed explanation-2: -The factors are teamwork and quality culture, quality management system and satisfactory rewards, effective change management, less bureaucratic and participative, information technology/information system, effective project management and adequate financial resources.
Detailed explanation-3: -The paper also identifies and elaborates on the key success BPR factors: 1) Organization wide commitment, 2) BPR team composition, 3) Business needs analysis, 4) Adequate IT infrastructure, 5) Effective change management, and 6) Ongoing continuous improvement.