Business Process Reengineering in Construction Industry Essay

Business Process Reengineering in Construction Industry - Essay Example Green buildings built with the help of non-toxic products and materials will help combat these ill-effects of conventional building material. A lot has been said on the practice of Business Process Reengineering. Business Process Reengineering (BPR) is the fundamental rethinking and radical redesign of processes to achieve dramatic improvements in critical measures of performance. With the world of information available at the click of a mouse, processes can be constantly improved and upgraded. This is true for any industry. The construction industry has also seen tremendous changes in the recent past. Reengineering of business processes has led to several changes in the way the construction industry operates today. "Owners want more predictable outcome in the realm of schedule, quality and cost, smoother delivery, better buildings, more value and more tailored solutions to specific needs. Today's world is full of choices. Project delivery will continue to come in many choices, colors, flavors and combinations. To support the many choices and options demanded by the marketplace we could use a standard for the common fabric under project delivery. The intellectual community is already on the Internet. As the business community moves onto the Internet the potential for digital anarchy is a serious concern for the future. Business solutions must be built on non-proprietary standards with applications that can communicate and inter-operate. Cooperation among competitors in this respect will allow all to prosper." Construction companies, the world over are shifting to environment-friendly solutions. Sumitomo Mitsui Financial Group, Inc, the world-renowned Japanese construction company, has reengineered its business processes to keep in mind the protection of the environment while carrying on its activities. According to Teisuke Kitayama, President, Sumitomo Mitsui Financial Group, Inc. "Environmental Preservation Initiatives" dated June 29, 2005, http://www.smfg.co.jp/english/investor/library/annual/h1703annu_pdf/h1703_e_22.pdf accessed ,26 th April, 2008, SMFG has chalked out its business plans keeping in mind the impact on the environment. SMFG's Environmental Action Plan The Group CSR Committee promotes coordinated Groupwide environmental activities. Based on our Group Environmental Policy, we have a three-pronged action plan focusing on: 1) The reduction of environmental impact 2) The practice of environmental risk management 3) The promotion of environment-related businesses The Group CSR Committee systematically follows the PDCA (plan, do, check, act) cycle of planning, performing, checking and improving in pursuing environmental activities centered on these three areas. Professor Martin Charter, Aleksandra Kielkiewicz-Young, Alex Young, Andrew Hughes The Centre for