Transformation

WIKI

Transformation refers to intentional shifts in the fundamental of a business, often involving a significant reorganization of its design, talent, culture, strategy, or infrastructure. This is driven by a desire to achieve a long-term Vision, such as entering a new market, adopting new business models, or responding to a disruptive marketplace. If the best-case scenario of an organization’s current fundamentals do not fulfill the organization’s vision, an organization is ripe for transformation.