Business Transformation is an umbrella term for making fundamental changes in a business or organization’s operations. This includes personnel, processes, and technology. These transformations help organizations compete, become more efficient, or make a wholesale strategic pivot.

It is a way of creating a strategic advantage that sets up a company for long-term success and short-term dividends.

What is the relation between Change Management and the Transformation Process?

It is a long-term change management process that is driven by external pressure to adapt to new conditions and requirements and meet business goals. It involves radical changes to business processes and must be aligned with company strategy.

Why is business transformation important?

Business transformations are designed to boost overall performance through increased revenue, lower operating costs, and better customer satisfaction and workforce productivity