Do We Need Reformation?

Reformaiton Definitions
the act of reforming; state of being reformed.
improvement, betterment, correction, reform.
improvement, alteration for the better.
improvement (or an intended improvement) in the existing form or
condition of institutions or practices etc.; intended to make a
striking change for the better in social or political or religious
affairs. As in Martin Luther's reformation movement
rescuing from error and returning to a rightful course; The act of forming anew;


So, where are we in these days when it comes to the need for reformation?
What does it look like?
Why do we need it?