Foreign Experience of Transforming Industrial Enterprises and Possibilities of Using it in Uzbekistan

Abstract

The automotive industry is one of the largest industries in the world. The global automotive industry is becoming a rapidly changing industry, developing under the influence of several factors. These include the evolution of the business environment, changing demand, innovation, changes in the production area, and technological requirements. Digitalization, innovative technologies, and new business models are causing profound changes in all sectors, including the automotive industry. In many foreign countries, automotive enterprises have chosen a strategy of implementing business transformation in accordance with the requirements of the times.

In foreign countries, business transformation is a change management strategy, which is defined as any shift, reorganization, or fundamental change in business activities.