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The must-read summary of James Champy's book: "X-Engineering the Corporation: Reinventing Your Business in the Digital Age".

This complete summary of the ideas from James Champy's book "X-Engineering the Corporation" shows that the time is right for managers to achieve breakthrough performance by managing across multiple organisations (X-engineering) rather than simply attempting to optimise their own standalone business operations (re-engineering). In his book, the author demonstrates the potential of X-engineering and how it will be the driving force of corporate growth for the next 25 years. This summary is a must-read for anyone wanting to learn more about the concept and how it can help you boost your business' performance.

Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge

To learn more, read "X-Engineering the Corporation" and discover the key to boosting business performance.

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Seitenzahl: 34

Veröffentlichungsjahr: 2014

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Book Presentation: X-Engineering the Corporation by James Champy

Book Abstract

About the Author

Important Note About This Ebook

Summary of X-Engineering the Corporation (James Champy)

1. The X-Engineering Concept

2. The Two Characteristics of X-Engineered Processes

3. The Role of Harmony in X-Engineering

4. How X-Engineering Creates Added Value

5. The Sweet Spot For X-Engineering Opportunities

6. The Demands of X-Engineering

7. X-Engineering in Action

Book Presentation: X-Engineering the Corporation by James Champy

Book Abstract

MAIN IDEA

The time is right for managers to achieve breakthrough performance by managing across multiple organizations (X-engineering) rather than simply attempting to optimize their own standalone business operations (re-engineering).

X-engineering is defined as “the art and science of using technology enabled processes to connect businesses with other businesses and companies with their customers to achieve dramatic improvements in efficiency and create value for everyone involved”. At present, there are many inefficiencies in the way companies interact with other businesses and with their customers. X-engineering focuses on how to make radical and long-lasting improvements in these areas.

In many ways, the reengineering revolution (where each company worked to optimize itself) was just a precursor for the dramatic benefits that can be derived when companies start working together efficiently to optimize value for customers. When companies start collaborating to create new business processes that leverage the capabilities of information technology, the potential results can be enormous. For example, businesses currently spend more than $2 trillion a year on logistics, with 40-percent of that on paperwork and administration alone. As X-engineering reduces that overhead, the flow-on effects will be impressive.

In total, X-engineering will be the driving force of corporate growth for the next 25-years. It will build on what reengineering started and take it further because it will impact on the efficiency with which entire industries operate. In an X-engineered business environment:

Companies will run so well their performance will be predictable and constantly improving.The most valuable companies will be those that find the best way to share what they know with others.Simplicity will supersede complexity and redundancy in processes will be eliminated because everyone will know what’s needed.Innovation will flourish because there will be a technology infrastructure that supports it and a constant flow of new ideas.Managers will concentrate on building up what makes their business great and letting go of everything else.Companies and customers will collaborate together to find the best way to create more value.The best companies will be noted for their ability to execute.Information technology will support and strengthen the quest for excellence in all fields of human endeavor.

About the Author

JAMES CHAMPY is chairman of the consulting practice at Perot Systems and head of strategy for the company. He is recognized worldwide as one of the original developers of the business reengineering concept. Mr. Champy is the co-author of Reengineering the Corporation (with Michael Hammer), The Arc of Ambition and Fast Forward (with Professor Nitin Nohria) and the author of Reengineering Management Prior to joining Perot Systems, Mr. Champy was chairman and CEO of CSC Index (a management consulting firm) and Index (a $200 million consulting practice). He is a graduate of the Massachusetts Institute of Technology and the Boston College Law School.

Mr. Champy’s personal Web site is atwww.jimchampy.com.

Important Note About This Ebook

This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

Summary of X-Engineering the Corporation (James Champy)

1. The X-Engineering Concept

Main Idea

X-engineering is all about achieving breakthrough improvements in business performance by using information technology to redesign the business processes which cross organizational boundaries.

Supporting Ideas

X-engineering will require managers to pay close attention to the three P’s of their business:

Processes