Examples and Process of Business Transformation

Business transformation refers to the process of fundamentally changing the way a company operates to improve its performance and/or keep up with changes in its industry or the broader business environment. This can involve making significant changes to a company’s strategy, processes, structure, culture, and technology to achieve its goals and remain competitive. Business transformation is often undertaken in response to disruptive events such as new technology, changes in consumer behavior, or shifts in the regulatory environment.