Michael Hammer: Company

Michael Hammer was American academic. Explore interesting quotes on company.
Michael Hammer: 28   quotes 1   like

“Business reengineering isn't about fixing anything. Business reengineering means starting all over, starting from scratch. Business reengineering means putting aside much of the received wisdom of two hundred years of industrial management,… How people and companies did things yesterday doesn't matter to the business reengineer.”

Michael Hammer

Source: Reengineering the Corporation, 1993, p. 2

Wisdom , People , Business

“Despite a decade or more of restructuring and downsizing, many U. S. companies are still unprepared to operate in the 1990s. In a time of rapidly changing technologies and ever-shorter product life cycles, product development often proceeds at a glacial pace. In an age of the customer, order fulfillment has high error rates and customer inquiries go unanswered for weeks. In a period when asset utilization is critical, inventory levels exceed many months of demand.
The usual methods for boosting performance — process rationalization and automation — haven’t yielded the dramatic improvements companies need. In particular, heavy investments in information technology have delivered disappointing results — largely because companies tend to use technology to mechanize old ways of doing business. They leave the existing processes intact and use computers simply to speed them up.
p. 104; The two lead paragraphs”

Michael Hammer

"Reengineering work: don't automate, obliterate," 1990

Life , Age , Disappointment , Way

“Observing and performing the process is the best way to develop insight into it. However, the team must be vigilant about avoiding the temptation to overstudy. The goal must be to move quickly to redesign. Before concluding we should comment on another tool that is available to reengineering teams, namely benchmarking. Essentially, benchmarking means looking for the companies that are doing something best and learning how they do it in order to emulate them… Used this way, benchmarking is just a tool for catching up, not for jumping way ahead. Benchmarking can, however, spark ideas in the team—especially if teams use as their benchmarks companies from outside their own industries.”

Michael Hammer

Source: Reengineering the Corporation, 1993, p. 132

Way , Idea , Learning

“America's business problem is that it is entering the twenty-first century with companies designed during the nineteenth century to work well in the twentieth. We need something entirely different”

Michael Hammer

Source: Reengineering the Corporation, 1993, p. 30; cited in: Huey B. Long (1995), New Dimensions in Self-Directed Learning, p. 323

Business , Problem

“Sadly, we must report that despite the success stories described in previous chapters, many companies that begin reengineering don’t succeed at it… Our unscientific estimate is that as many as 50 to 70 percent of the organizations that undertake a reengineering effort do not achieve the dramatic results they intended.”

Michael Hammer

Source: Reengineering the Corporation, 1993, p. 200

Effort , Success