Transformation

Transformation, noun. Such as “a marked change in form, nature, or appearance” or “to change (something) completely and usually in a good way.”

The Three Types of Business Transformation

Operational: Making changes to the way you do things to make operations better, faster or cheaper, for example, digital transformation.
Core transformation: Moving to a fundamentally different way of operating.
Strategic: Changing the very essence of the company to a new focus.