Tag: shift
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Business transformation
Business transformation Business transformation refers to a comprehensive, strategic change in an organization’s processes, structures, technology, and/or culture to improve performance, adapt to market demands, and achieve sustainable growth. It typically involves revisiting business models and operations to boost efficiency, enhance customer satisfaction, drive innovation, or address challenges like digitalization or competition. This transformation may…
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Stranded assets
Stranded assets Stranded assets are investments or resources that have lost their value or become obsolete before their expected end of life due to changes in the market, regulations, or technological advancements. These assets are often associated with industries that face significant shifts, such as fossil fuels, where policies and market dynamics favor renewable energy.…
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Seachange
Seachange A “sea change” is a profound or significant transformation, especially one that brings about a substantial shift in perspective, approach, or condition. This term often describes sweeping changes that affect an entire organization, society, or situation.