What Factors Influence Business Transformation, And Why Do Organizations Pursue It?

What Factors Influence Business Transformation, And Why Do Organizations Pursue It?


  1. Factors influencing business transformation include:

    1. Technological advancement

    2. Efficiency drive

    3. Mergers/acquisitions

    4. Low profits, and

    5. A focus on high customer experience.

  2. Organizations pursue it to adapt to changing market conditions, improve competitiveness, and achieve strategic goals.