To execute your strategy, you need to build business capabilities. In order to ensure a business will be successful in the future, an organization must understand how it defines success and must know if it has the capability today to do better or to do more to achieve this success.
What Is Business Capability?
A business capability (or, simply, capabilities) describes a unique, collective ability that can be applied to achieve a specific outcome. A capability model describes the complete set of capabilities an organization requires to execute its business model or fulfill its mission. An easy way to grasp the concept is to think about capabilities as organization-level skills embedded in people, process and/or technology. Read More >>