Business Transformation
Business transformation refers to a fundamental change in the strategy, structure, processes, culture, and technology of an organization, with the goal of achieving significant and sustainable improvements. It is a long-term initiative that seeks to prepare the company for new challenges or shifts in the business environment, and can be triggered by changes to the market, technological disruptions, changes in customer expectations, or commercial pressures.
Business transformation involves reshaping the entire organization to enhance its overall performance, competitiveness, and ability to meet evolving demands.
For the process to be successful it requires strong leadership, strategic vision, effective communication and a commitment to continuous improvement. Read our reports and guides packed with tips for undergoing a successful business transformation.
AI is “more expensive than it should be” claims Amazon CEO
April 11 by Michael HillAmazon’s Andy Jassy outlines what needs to happen to reduce the cost of AI for customers
Chelsea FC partners with FPT to drive global transformation
April 10 by Michael HillChelsea FC aims to accelerate performance and deliver richer experiences for fans at home and abroad
The transformation cycle: From insight to impact
April 03 by Chas MooreFor most organizations, transformation isn’t a single, monolithic event with clear start and stop
Avoiding digital chaos: How to prevent complexity from killing transformation
April 02 by Terryel Hu, Ph.DAny transformation strategy should be about making processes easier, not harder
OpenAI closes in on historic $40 billion funding round as the generative AI bubble refuses to burst
March 27 by Michael HillAs OpenAI closes in on a colossal funding round, read how generative AI is continuing to transform process excellence
8 ways to achieve business transformation
March 27 by Amelia BrandDiscover 8 essential steps to drive effective business transformation, from strategy to execution
The Great Recalibration: How enterprises are redefining success with process mining & intelligence
March 26 by Marlon DumasProcess mining and process intelligence provide the tools to optimize operations, enhance decision-making and drive success
How ‘smart’ is process intelligence?
March 24 by Michael HillLearn why process intelligence is becoming a key component of process excellence
Turkish Airlines, Premier Mortgage Resources & Lightship boost OPEX strategies
March 21 by Michael HillTurkish Airlines, Premier Mortgage Resources and Lightship all bolster operational excellence to drive business value and growth
United Nations: Peacekeeping needs digital transformation
March 19 by Michael HillAmid ongoing peace talks over the Russia-Ukraine conflict, the United Nations reveals how digital transformation enhances peacekeeping operations
Williams Formula 1 team accelerates digital transformation
March 18 by Michael HillFormula 1 team Atlassian Williams Racing is prioritizing digital transformation and data in its pursuit of World Championship success
Gap leans on AI to enhance productivity, revenue & customer experience
March 13 by Michael HillGap’s AI-driven focus comes after the apparel firm laid the groundwork for its AI strategy last year