The main features of today's world economy are informationalization and gloalization, which fundamentally changed both inside and outside environments of businesses. Under such circumstances, the new idea of business management innovation if business process rennineering is evolved. Based on the discussion of the stimulus and the essential thought of modern business process reengineering management innovation, this paper will go further into its principles, its implementing procedure as well as the operating mistakes to be avioded. We hope it will bring more enlightment on the reform and development of our country's businesses.
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