Realignment (noun)

1. A rearrangement or restructuring of something, especially a political party or a system of alliances.
2. A shift or change in direction, focus, or policy.
3. The process of bringing something back into proper alignment or balance.

Origin:

Late 19th century: from realign, from re- 'again' + align.

Examples:

1. The realignment of the political party was seen as a necessary step in the party's efforts to reconnect with voters and become more competitive.
2. The company underwent a major realignment of its operations in an effort to improve efficiency and reduce costs.
3. The recent realignment of the foreign policy priorities of the new administration has been a subject of much debate and discussion.
4. The realignment of the defense strategy of the country was seen as a positive step in ensuring the nation's security.
5. The realignment of the company's business strategy was aimed at addressing the challenges posed by new technologies and changing market conditions.