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The human face of re-engineering in financial services

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published
<mark>Journal publication date</mark>1/09/2000
<mark>Journal</mark>Measuring Business Excellence
Issue number3
Volume4
Number of pages4
Pages (from-to)42-45
Publication StatusPublished
<mark>Original language</mark>English

Abstract

Managers are increasingly using the term “business process re-engineering” to rationalise and describe a variety of innovations, irrespective of their content. Programmes of re-engineering have been designed simply as a means to cut costs; one of the major costs being that of people. The neglect of people in the design of re-engineering programmes has resulted in “operational” managers being forced to address issues such as low staff morale, poor job satisfaction and high levels of stress after a new structure or system has been put in place. This has resulted in attempts to improve communication and promote a consultative and open style of management. Job rotation, enlargement and enrichment have also been targets for improvement, and a greater emphasis has been placed on teamworking. An emerging phenomenon, which we feel is conducive to teamworking, is that of management involving employees in a discussion of service quality and what it means to work in their respective organisations. Critically, following these discussions, management must attempt to address the issues raised by employees.