Strategic Reengineering: An Internal Industry Analysis Framework

287 words - 2 pages

by Kenneth D. Pritsker

No man is an island and, increasingly, no company or industry can .function profitably without some degree of intra-industry integration. Through a model based on companies competing in major segments of the air transportation industry, key relationships are identified among industry segments in a way that reconciles internal and external industry views. The model captures business processes, value chains, and interactions that generate end products in order to isolate strategic ...view middle of the document...

As an industry's scope expands, activities are developed to coordinate cross-industry interactions. In many cases, an industry's integrative activities are more profitable than its traditional operations because of the critical nature of the functions provided and the power gained by coordinating these activities.

This paper introduces strategic reeingineering as a framework for understanding an industry in terms of its processes and value-added chains. This internal macro-process perspective on an industry's operations creates new strategic issues to address how industries and companies will operate as a set of integrated value chains.

In this paper, the strategic reengineering industry framework is applied to major product segments of the air transportation industry: airports, airlines, aircraft, maintenance, and components. A strategic reeingineering model is developed that identifies the interrelationships among the product segments. The paper concludes by identifying strategic process issues and discussing innovative strategies to strengthen a company's position in an industry.

Other Papers Like Strategic Reengineering: An Internal Industry Analysis Framework

Managerial Economics Essay

5672 words - 23 pages ------------------------------------------------- Business process reengineering From Wikipedia, the free encyclopedia Business Process Reengineering Cycle Business process re-engineering is a business management strategy, originally pioneered in the early 1990s, focusing on the analysis and design of workflows andbusiness processes within an organization. BPR aimed to help organizations fundamentally rethink how they do their work in

War on Terrorism Essay

3100 words - 13 pages change. Organizational transformation and change is an ongoing process, and accountants need to see their role in supporting such change. Firms continue to frame their strategy to respond to rapid changes created by globalization and technology. From a strategic purpose, therefore, firms are in a constant state of transformation and seldom reach a state of equilibrium. The nature of internal change and the techniques applied, however, will vary

Competitive Strategies

1673 words - 7 pages analysis of strategic goals (vision, mission, and strategic objectives) along with the analysis of the internal and external environment of the organization. Next, leaders must make strategic decisions. These decisions, broadly speaking, address two basic questions: What industries should we compete in? How should we compete in those industries? These questions also often involve an organization’s domestic as well as its international

Management Stategic

1985 words - 8 pages Development 161 Internal and External R&D 161 B Research and Development Audit 162 Management Information Systems 162 Strategic-Planning Software 163 B Management Information Systems Audit 163 Value Chain Analysis (VCA) 164 Benchmarking 166 The Internal Factor Evaluation (IFE) Matrix 166 EXPERIENTIAL EXERCISES 172 Experiential Exercise 4A: Performing a Financial Ratio Analysis for Walt Disney Company 172 Experiential Exercise 4B: Constructing an IFE

Bdjobs Training

2565 words - 11 pages (VAT) Strategic Financial Modeling with Microsoft Excel Strategic Framework of Supply Chain & Developing Efficient Supply Chain for Telecommunication Industry • • • • • • • • • Strategic Procurement Supply Chain Management Supply Chain Management for Manufacturing Industry The Proposed VAT Act, 2011: Salient Features and Comparison with the VAT Act, 1991 Trouble Shooting Session on Value Added Tax (VAT) Value Declaration of Goods under VAT VAT

Brainstorming

1694 words - 7 pages it is also helpful to create some ground rules in order to maximize efficiency.Benchmarking is one of the various tools available to reengineering teams. "Essentially, benchmarking means looking for the companies that are doing something best and learning how they do it in order to emulate them" (Hammer & Champy 137). However, there is one problem with benchmarking. It can restrict a reengineering team's thinking to the framework of what is

Information Systems

3891 words - 16 pages operational basis for the process of reengineering the internal framework of Nexus Corporation. Additionally, this thesis delivers a direction to the methods and during reengineering, and offers a practical way for Nexus leaders to establish and direct a reengineering effort. Instructions are provided on the basic of how to establish a strategic direction, organize the reengineering team, and analyze the business process through the use of

Advance Ais

3198 words - 13 pages the analysis and redesign of business processes and information systems to achieve significant performance improvements. – Reduces a company to its essential business processes. – Reshapes organizational work practices and information flows to take advantage of technological advancements. © 2012 UMT Advanced Accounting Information Systems 3 BUSINESS PROCESS REENGINEERING • BPR: – Simplifies the system. – Makes it more effective. – Improves

Transformation Change

863 words - 4 pages and organizations are integrated into the process • Applications Stages (Strategic analysis, strategic choice, and design and implement the strategic change plan) Organization Design - Configures the organizations structure, work design, HR practice, and management to guide members' behavior • Conceptual Framework ( Strategy, Structure, Work Design, HR Practices, and Management / Information Systems) • Application Stages (Clarify design

: It Security and Disaster Recovery Management

1012 words - 5 pages information system security program. Also having senior management taking an active role is the best way to effectively protect a business’s information. References Aven, T., (2007), "A Unified Framework For Risk and Vulnerability Analysis Covering Both Safety and Security", Reliability Engineering and System Safety, Vol. 92, No. 6, 2007, pp. 745-754. Retrieved Aug 17, 2013 from http://www.sciencedirect. com/science/article/pii

Analysis

3971 words - 16 pages Topic Gateway Series Strategic Analysis Tools When using SWOT analysis, it should be ensured that: • Only specific, verifiable statements are used. An example might be ‘price is £1.50 per unit lower than competition’ rather than ‘good value for money’. Internal and external factors are prioritised so that time is spent concentrating on the most significant factors. This should include a risk assessment to ensure that high risk or high

Related Essays

External And Internal Environmental Analysis Strategic Planning And Implementation

1212 words - 5 pages act of the company dependency on specific suppliers to facilitate the operations of company propels the company to function effectively. An organization can be able to monitor its progress through the use of the SWOT analysis where the strengths, weaknesses opportunities of an organization can be uncovered. Through the company innovative products, the Apple organization creates a great impact in the PC industry. It is through these innovative

An Analysis Of The Video Game Industry Marketing Essay Read More: Http: //Www.Ukessays.Com/Essays/Marketing/An Analysis Of The Video Game Industry Marketing Essay.Php#Ixzz2 V4 Cda6 B4

2335 words - 10 pages products for the consumer. The latest generation of its console game products is the Playstation 3 which replaced Playsation 2.Finally Nintendo is one of the largest Japanese technology companies well known for its console games. Its latest and the most successful console Wii was able to outshine Microsoft’s’s Xbox and Sony’s PS3. Analysis of the competitive industry Organizations view competition in an industry as a crucial issue that needs to

An Analysis Of The U.S. Health Club Industry In 2004 And The Role Of Bally Total Fitness

3162 words - 13 pages An Analysis of the U.S. Health Club Industry in 2004 and the Role of Bally Total Fitness Executive Summary Introduction The rise of the U.S. health club industry can be traced back to the 1980s and 1990s when the majority of health clubs emerged. By 2004, this $14 billion industry claimed 41 million members. Although the health club industry operated in a perfectly

An Analysis Of Industry Structure In Pearl River Dealt

4145 words - 17 pages 珠江三角洲产业布局一体化简析资环101 朱颖丽 1001300070[关键词] 珠三角 产业布局 一体化 措施[摘 要] 珠江三角洲新发展提出了产业布局一体