transformation-initiatives

Vocabulary Word

Definition

'Transformation initiatives' refers to a series of planned actions designed to bring about significant and positive change within a business, system, or organization.

Examples in Different Contexts

In digital transformation, transformation initiatives refer to projects aimed at integrating digital technology into all areas of a business, fundamentally changing how the business operates and delivers value to customers. A digital transformation consultant might say, 'Our transformation initiatives focus on automating processes and enhancing digital customer experiences.'

Practice Scenarios

Creative

Scenario:

While we produce excellent traditional art, we're lagging in the digital sphere. Any ideas to bridge the gap?

Response:

What about a transformation initiative to introduce more digital technology workshops for our artists?

Tech

Scenario:

The rate of technological change is astonishing, and to keep up, we need a major shift in our infrastructure.

Response:

A transformation initiative involving migration to cloud services and regular technology updates could help us stay competitive.