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Capability – A capability is WHAT a company or organization needs to be able to do to execute its’ strategy (e.g., Enable ePayments, Tailor Solutions at Point of Sale, Demonstrate Product Concepts with Customers, Combine elastic and non-elastic materials side by side, etc.)[1]. Another way to think about capabilities is a container of people, process and technology that is addressable for a specific purpose.[2]
It is a component within the theories of:
- Capability Management in Business in the industrial sector
- Capability management in the defense sector
- Capability approach The Capability Approach began life in the 1980s as an approach to welfare economics. In this approach, Amartya Sen brought together a range of ideas that were hitherto excluded from (or inadequately formulated in) traditional approaches to the economics of welfare in welfare economics
- Capability-based addressing In computer science, capability-based addressing is a scheme used by some computers to control access to memory. Under a capability-based addressing scheme, pointers are replaced by protected objects that can only be created through the use of privileged instructions which may only be executed by the kernel (or some other privileged process in computing
- Capability-based security Capability-based security is a concept in the design of secure computing systems. A capability is a communicable, unforgeable token of authority. It refers to a value that references an object along with an associated set of access rights. A user program on a capability-based operating system must use a capability to access an object. Capability-
- Capability (systems engineering)
See also
- ^ The Capable Company: Building the capabilities that make strategy work; Richard Lynch, John Diezemann & James Dowling (Wiley-Blackwell, 2003)
- ^ The Next Revolution in Productivity, Ric Merrifield, Jack Calhoun and Dennis Stevens (Harvard Business Review, June, 2008)
