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The article explores the critical aspects of transformation processes in the contemporary business environment and the role of leadership in their successful implementation. Enterprises operating in rapidly changing market environments often need organizational transformations to adapt to new conditions and ensure competitive development. The article examines the main stages and aspects of managing organizational transformations, including analyzing the organization’s needs and opportunities, developing change strategies, and planning and implementing new initiatives. The importance of strategic leadership in the transformation process is emphasized, as well as the necessity of engaging all levels of staff for successful change implementation. Special attention is paid to the critical success factors of organizational transformations. Among them are proper strategic leadership, creating a conducive corporate culture, effective change management, employee engagement, and the flexibility and adaptability of the organization to change. The article highlights the importance of technological innovations as a critical success factor in organizational transformations. The impact of digitization and cutting-edge technologies on business processes is examined, and the necessity of integrating these innovations into strategic planning is emphasized. Furthermore, the article addresses the importance of strategic partnerships in the transformation process. Collaboration with other organizations, experts, and consultants can provide access to additional resources and expert support, facilitating the successful implementation of changes. The article also analyzes the importance of evaluating the results of transformation processes and providing feedback for continuous improvement of management strategies and practices. The author calls for systematic monitoring and assessment of change effectiveness and the use of obtained data for process and strategy enhancement. In conclusion, the article illuminates the significance of managing organizational transformations for enterprise development in the contemporary business environment. The author underscores the importance of a comprehensive approach to this process, including strategic leadership, employee engagement, effective change management, and cutting-edge technologies. Keywords: organizational transformations, enterprise development, strategic leadership, change management, corporate culture, employee engagement, technological innovations, strategic partnerships, evaluation of results, continuous improvement, business environment, competitive development, digitalization, innovation integration, strategic planning.
Немашкало et al. (Wed,) studied this question.