BPR has rapidly become the ubiquitous process metaphor and hence BPR in Indian banks must constitute a focal area of ongoing banking reforms.

Organizational development is a continuous process and every thing in business is always in flux and flow. But the pace of change has increased manifold. Growth determinism fundamentally requires a new and higher level of thinking and effective action on several fronts simultaneously with speed and reconciliation. As Albert Einstein observed decades ago, "the significant problems we face cannot be solved at the same level of thinking we were at when we created them."

In the present world, where all elements are critically in ferment, the three Cs of customer, competition and change have increasingly transformed the rules of the game. Consequently, organizations enhance competitive advantage through Business Process Re-engineering (BPR) by radically redesigning selected processes to achieve dramatic improvements in organizational performance.

While there are multiple dimensions of BPR, BPR implies transformed processes that together form a component of a larger system aimed at enabling organizations to empower themselves with contemporary technologies, business solutions and innovations. The perils inherent in the prevailing model of development should help shape the frame of reference, the paradigms and the maps in transforming development.

The Analyst Magazine, Banking Reforms, Indian Banks, Organizational Development, Business Process Re-engineering, Contemporary Technologies, Business Solutions, Organizational Processes, Economic Development, Banking Development, Information Technology, Decision-Making Process, Customer Satisfaction, Business Process Innovation, Product Management, Customer Management, Enterprise Resource Planning.