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Financial Analytics: Science and Experience
 

Use of methods of re-engineering of business-processes for development of banking activity

Vol. 2, Iss. 3, MARCH 2009

Available online: 18 August 2009

Subject Heading: Innovative policy

JEL Classification: 

Beketov N.V. doctor of economic sciences, professor, director of the Scientific and Research Project and Economic Institute of Yakutsk State University
beket-nik@mail.ru

There is evolution and revolution theories of business change. Supporters of the evolution approach proceed from the fact that the first to be changed should be opinions, value systems and behavioral models of members of socio-technical systems and then organization in institutional understanding. The revolution model is realized in the framework of “re-engineering of business processes”. Popularity of the last theory among practitioners especially in the process of accounting of essential quantity of critical publications on questions of its results evidences about its complete urgency and requires additional study of its provisions and possibilities of their practical use. The suggested article is devoted to it.

Keywords: business-process, re-engineering, banking, enterprise, theory, evolution, service, commodity, profit, activity

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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