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This notion, which covers even the subjective aspects of organisational transformation, is currently under intensive discussion and suffers from the semantics terms fluctuation related to the notion of \u2018organisational transformation\u2019. We argue that this topic could strongly benefit from an ontological analysis and conceptual clarification of these notions. This paper contributes with an attempt in this direction by proposing a Core Ontology of Organisational Transformation (COOT). This ontology comprises concepts and relations central to creating a reference model representing the organisational transformation paradigm. 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