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The capability approach (also referred to as the capabilities approach) is a normative approach to human welfare that concentrates on the actual capability of persons to achieve lives they value rather than solely having a right or freedom to do so. [1] It was conceived in the 1980s as an alternative approach to welfare economics. [2]
The Capability Maturity Model was originally developed as a tool for objectively assessing the ability of government contractors' processes to implement a contracted software project. The model is based on the process maturity framework first described in IEEE Software [ 2 ] and, later, in the 1989 book Managing the Software Process by Watts ...
Creating Capabilities and Nussbaum's approach has recently been linked to housing policy, [19] [20] the health field, [21] knowledge of the Capability approach [22] and instruments to evaluate public health policy [23] Nussbaum has also discussed the relationship between the Capability approach and the disabled, [24] and the extension of the ...
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 first scholarly research on GRC was published in 2007 [5] by OCEG's [6] founder, Scott Mitchell, where GRC was formally defined as "the integrated collection of capabilities that enable an organization to reliably achieve objectives, address uncertainty and act with integrity" aka Principled Performance ®. [7]
Capability management is an approach that uses the organization's customer value proposition to establish performance goals for capabilities based on value contribution. It helps drive out inefficiencies in capabilities that contribute low customer impact and focus efficiencies in areas with high financial leverage; while preserving or ...
A capability is the ability to execute a specified course of action or to achieve a desired outcome. Capability may also refer to: Business, economics, science and engineering
Business capability models are structured in a hierarchical manner, i.e. each higher-level business capability includes multiple constituting lower-level capabilities. They can have several nested levels of depth and granularity, typically from two to four distinct abstraction levels depending on the size, complexity and experience of an ...