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@article{183817,
author = {DR. SALAU ADEYEMI NURUDEEN and DR TELLA RAHAMON ADENIRAN and Dr. OSAWE Cyril Onyepuemu and Dr. OLADELE Waheed Olatunji},
title = {Exploring Business Process Re-Engineering as a Response to Organisational Survival Strategy},
journal = {International Journal of Innovative Research in Technology},
year = {2025},
volume = {12},
number = {3},
pages = {4079-4089},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=183817},
abstract = {This study demystifies the concept of business process reengineering and evaluates its relevance to organizational survival strategies across both public and private sectors, with a specific focus on Sterling Bank Plc. The primary objective is to examine the relationship between business re-engineering and three key strategic approaches: cost leadership, product differentiation, and customer-focused strategies. Employing a survey research design, data were gathered from 121 respondents through the use of a structured questionnaire. The Pearson Product-Moment Correlation (PPMC) analysis revealed a significant relationship between the implementation of business re-engineering and the effectiveness of cost leadership, product differentiation, and customer-focused strategies. Based on these findings, the study recommends that Sterling Bank should enhance its cost leadership and product differentiation strategies while adopting a more customer-centric orientation. These efforts should be integrated within a holistic organizational survival strategy to boost competitiveness and ensure long-term sustainability.},
keywords = {Business Re-engineering, Organizational Survival, Strategy, Cost Leadership, Customer focused Strategy, and Product Differentiation.},
month = {September},
}
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