Organizational transformation, which is frequently credited with turning around the fortunes of many organizations, has remained an underrated concept in India. This paper is an attempt to study the transformations that have taken place in organizations operating in India, and thus classify them to develop a broad typology, which is relevant for India. This typology has been developed by first identifying the three key components of any transformation-Object, Magnitude and Speed-and building a conceptual framework to understand each episode of transformation better. Analysis reveals nine types of transformations, which capture different aspects of each of the key components of transformation process.