Requirements for successful reengineering

During the 1990s, reengineering has become the preferred method of introducing major change and renewal in business practice. Much of the controversy surrounding reengineering stems from the fact that the term has been misused. While there remain some who practice reengineering in an undisciplined way, there is growing evidence that a structured engineering-like approach, following a few well-established management principles, produces the best results. The key requirements for successful reengineering are: clear definitions of objectives and methods; realistic expectations about results and requirements; appropriate sponsorship; a project scope commensurage with the sponsorship; adequate resources; speed in execution; and balance.