Reengineering means change, usually major change involving one or more segments of the business; this is why management must be involved and supportive. The mandate of the process team must be "Challenge the Status Quo." You have a changed control, not a reengineered business process. It begins by defining the vision for the reorganized business. If the vision can't be explained succinctly and clearly to the business, then the vision is not properly developed. Change must be ingrained into the fiber of the business. This is critical to the business for continued successes and long term corporate development. Succession planning must identify the qualities and traits associated with successful change leaders to ensure the business remains agile and continuously adjusting its' model of success.

Reengineering the Business - Team Mandate

A successful business turnaround requires the owner to take certain steps to become a profitable enterprise.; By taking the following actions, you can reorganize your company;and;produce positive cash flow.

6.;Carefully execute the plan.

Business owners often fail to execute their business turnaround plans.; Such plans require persistence, yet business owners sometimes grow impatient and turn back to sales instead of focusing on their cash flow and working with their creditors.; As a result, nothing will change and there will be no real recovery.

7.;Expand or sell the business.

Finally, business owners should know when to maintain the company and when to sell.; After using your business turnaround plan, the company will, ideally, become profitable. The business owner will then have learned from previous mistakes, and the company will thrive and grow.; However, the owner may simply lose interest in the business and should sell while it remains a profitable enterprise.