His most recent accomplishment was the corporate reengineering
of Arana Therapeutics, a world leading Antibody developer, which resulted in the acquisition of the company by Cephalon for a significant premium to market (July 2009).
During the corporate reengineering
and downsizing rush of the 1980s, some CEOs made extensive job cuts across the board, created strict rules, and demanded discipline.
The strategy seems sound, you've implemented corporate reengineering
programs as well as automated back-office processes with enterprise resource planning (ERP) systems from vendors like SAP and PeopleSoft.
Commenting on the results, Imasco management notes, "Shoppers Drug Mart is achieving exceptional results in 1998." The company credits the profit rise to a combination of sales growth, gross margin improvements and operating efficiencies derived from SDM's Vision '97 corporate reengineering
project and Big V acquisition.
"The escalation of United States corporate reengineering
is definitely taking a toll on intellectual property portfolios," Mr.
"All of this corporate reengineering
has forced people to look at their performers with a lot more scrutiny.
We also found evidence that corporate reengineering
may trigger the outsourcing of an internal activity to an external supplier.
None brain can't do it all in this industry," he says; instead, a strong senior management team is the real key to successful corporate reengineering
. Courtot recently offered this advice about how to fix a failing company:
Several institutional real estate owners are currently undergoing corporate reengineering
efforts that will undoubtedly effect their organizational, financial, and operational objectives, which will in turn have a significant effects on the manner in which their real estate investments are positioned and managed.
To serve as project manager, the City of Pittsburgh contracted with a consulting firm that is a leader in corporate reengineering
efforts throughout the country.
Hackett, who has worked on many corporate reengineering
projects, says, "It's not as complex or difficult as many people think.
Unprecedented layoffs in the white collar ranks have been an unavoidable by-product of corporate reengineering
. Employees who got the axe and those who escaped it no longer trust employers to take care of them.