In management, it has been said that Business Transformation involves making fundamental changes in how business is conducted in order to help cope with shifts in the market environment.However, this is a relatively narrow definition that overlooks other reasons and ignores other rationales.
As such, a business transformation project is likely to include any number of change management projects, each focused on an individual process, system, technology, team, or department.Business Transformation is the process of fundamentally changing the systems, processes, people, and technology across a whole business or business unit, to achieve measurable improvements in efficiency, effectiveness, and stakeholder satisfaction.