Reengineering vs. Restructuring
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Difference Between Reengineering and Restructuring
Reengineeringnoun
The application of technology and management science to the modification of existing systems, organizations, processes and products in order to make them more effective, efficient and responsive.
Restructuringverb
To alter the makeup or pattern of
"serious efforts to restructure third world debt" (Felix Rohatyn).Restructuringverb
To make a basic change in (an organization or a system, for example).
Restructuringverb
To alter the structure of something.
Restructuringnoun
A reorganization; an alteration of structure.
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