Business Re-Engineering, Management and Economic Development in Nigeria: A Critical Appraisal
Abstract
Abstract This study critically examined the role of business re-engineering in strengthening management practices and promoting economic development in Nigeria. An exploratory research design was adopted, relying on qualitative data obtained from an extensive review of relevant literature, including academic journals, textbooks, government publications, policy documents, and organizational reports. The study explored business re-engineering and management effectiveness, assessed its contribution to economic development, and identified the challenges and opportunities associated with its implementation in Nigeria. The study showed that business re-engineering improves managerial performance through enhanced coordination, faster decision-making, reduced operational costs, and improved service delivery. These improvements contribute to increased productivity, investment, and employment generation, which are essential for sustainable economic growth. However, the study also identified major challenges such as resistance to change, inadequate technological infrastructure, weak leadership commitment, limited technical skills, and institutional constraints. Despite these challenges, opportunities exist in the areas of digital transformation, policy reforms, and human capital development. The study emphasized the interconnected nature of organizational components and the need for integrated reforms. The study concluded that business reengineering is a vital tool for enhancing management effectiveness and fostering economic development in Nigeria. The study suggested that organizations and policymakers prioritize human re-engineering through continuous workforce development, strategic human resource management, and sustained investment in education, digital skills, and institutional reforms to enhance organizational performance and promote inclusive economic development in Nigeria.