Transformation refers to a significant change in form, appearance, or character. This process can occur in various contexts, such as in nature, where a caterpillar undergoes metamorphosis to become a butterfly, or in technology, where digital tools evolve to improve efficiency. Transformation often involves a series of steps that lead to a new state or condition.
In business, transformation can mean altering strategies, structures, or processes to adapt to market demands. For example, a company may implement digital transformation to enhance customer experience and streamline operations. This type of change is essential for growth and competitiveness in a rapidly evolving environment.