My way to distinguish Change, Transformation, and Innovation
Change
Definition: Incremental adjustments to improve or adapt existing systems, processes, or behaviours.
Nature: Continuous, evolutionary, often reactive.
Focus: Efficiency, optimisation, adaptation.
Examples: Updating workflows, refining team roles, improving communication channels.
“Change is about making what you already do work better.”
Transformation
Definition: A deliberate, strategic shift in how a business operates, delivers value, or defines itself.
Nature: Big, directed, intentional.
Focus: Alignment, reinvention, strategic repositioning.
Examples: Moving from a product-centric to a customer-centric model, redefining leadership structures, launching a new business model.
“Transformation is about becoming something fundamentally different to meet new ambitions.”
Innovation
Definition: The creation and implementation of something new—ideas, products, services, or models that didn’t exist before.
Nature: Disruptive, creative, forward-looking.
Focus: Novelty, invention, market differentiation.
Example: Developing a new technology, entering a new market, inventing a new service offering.
“Innovation is about imagining and building what’s never been done before.”
How They Relate
Change keeps you relevant.
Transformation makes you competitive.
Innovation sets you apart.