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In organizational theory, dynamic capability is the capability of an organization to purposefully adapt an organization's resource base. The concept was defined by David Teece, Gary Pisano and Amy Shuen, in their 1997 paper Dynamic Capabilities and Strategic Management, as the firm’s ability to engage in adapting, integrating, and reconfiguring internal and external organizational skills ...
The notion of capability in MODAF, however, is slightly different from the notion of capability in, for example, Dynamic Capabilities Theory. In MODAF "Capability" refers to a military capability – an ability to produce military effects – or enabling or supporting capabilities. Nevertheless, the central thesis that politico-military ...
Today the theory involves organizational learning, industrial economics, the resource-based view of the firm and dynamic capabilities. This theory has undergone major refinement, and today a firm's absorptive capacity is mostly conceptualized as a dynamic capability.
The dynamic model of the strategy process is a way of ... [tangible and intangible] and capabilities with the math of system dynamics to assemble a framework for ...
In the resource-based view, strategists select the strategy or competitive position that best exploits the internal resources and capabilities relative to external opportunities. Given that strategic resources represent a complex network of inter-related assets and capabilities, organisations can adopt many possible competitive positions.
This dynamic could inadvertently aid China’s quest to outmaneuver the U.S. in space. ... surveillance and reconnaissance capabilities critical for modern military operations. ...
Capability management is a high-level management function, with particular application in the context of defense.. Capability management aims to balance economy in meeting current operational requirements, with the sustainable use of current capabilities, and the development of future capabilities, to meet the sometimes competing strategic and current operational objectives of an enterprise.
The external environment remains dynamic. Consumers are willing to spend more during holidays but may become more cautious afterward. We remain hopeful that stimulus policies may positively impact ...