Taking the Laplace transform is a mathematical operation that converts a function of time, typically a time-domain signal, into a function of a complex variable, usually denoted as 's'. This transformation simplifies the process of solving linear ordinary differential equations by turning them into algebraic equations, which can be easier to manipulate and solve. The Laplace transform is particularly useful in systems where initial conditions are involved, as it allows for straightforward incorporation of these conditions into the solution process.