Business (re) Engineering: Management of the Risk Induced Constraints

Victor-Bogdan Oprean
2014 Procedia - Social and Behavioral Sciences  
Past research and present day challenges circle around the issue of adopting and adapting rationally sound organization structures to optimizing business efficiency. Within these structures, the implicit requirements of material and financial resources have to meet the imperative of adequate intellectual capital, human resource, -allocation. Neglecting the positive effect of profound SWOT analysis in risks' long-term interaction with consonant efforts' allocation, led to bankruptcy of
more » ... businesses and local economies. Engineering the organizations is a way of redesigning the constitutive structures according to the dynamics of the business' environment and looking to improve the market value for the firms involved in the general functioning of the economic and financial mechanisms. The means used in businesses' re-engineering makes a creative use of the advantages of the new IT&C when implemented in computer networks.
doi:10.1016/j.sbspro.2013.12.548 fatcat:7walbnwyfjfkde4htmgar6hj5y