Business transformation | |
|---|---|
What it is | A process of rethinking and restructuring a business's operations, technology, and other aspects to achieve business goals |
Benefits | Can help a business become more efficient, compete more effectively, or make a strategic pivot |
Examples | Digitizing a critical process, adopting a new go-to-market model, or modernizing a support function |
Challenges | Can be complex and ongoing, and requires a comprehensive approach and strong leadership |
