Definition - Capability

A team or company’s combination of skills, competencies, knowledge, processes, tools, and behaviors that allows them to Carry Out particular activities or achieve certain goals. Capabilities create the outcomes that customers are paying for.

D. Brown Management Profile Picture
D. Brown Management
September 10, 2023 2 minute read
business management business planning Definitions Organizational Development strategy talent development Talent Value Stream (TVS)
Share

EXAMPLE

Marine Infantry must be able to carry an Assault Load of 70 pounds (lbs) (+/-10 percent) with additional organic weapons and mission essential equipment, move 32 kilometers (km) in a time limit of 8 hours, with 95 percent of the force remaining mission capable. (9/2018 Standard)

 

What capabilities are required to win is the fourth of the five interlinked questions that define your strategy. This drives strategic decisions through all levels of operations and organizational development. These capabilities are broken down into specific standards, training, certifications (internal and external), and ongoing development to support execution of your strategy. These must be integrated across your whole business model and throughout every job role. 

 

Definition - Capability
Building a project requires knowledge of, and skill in using thousands of construction-specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary forming the foundation of communication....
Previous Next Go To Series
Related Insights Series
Definition - Capability
Building a project requires knowledge of, and skill in using thousands of construction-specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary forming the foundation of communication....
Previous Next Go To Series
Related Insights Series
Aligning Projects and People
The business of building is largely about aligning projects and people. Contractors exist to build projects. People design and build the projects. The management team, structure, and systems bring it all together.
Related Article
Teams and Readiness for Growth and/or Succession
Whether you are focused on growing profitably or preparing for an ownership transition, the strength of your team and organizational structure is a major factor.
Related Article
Owner Occupied Real Estate for Contractors - Lease or Buy?
There isn't a simple answer to this question. Much of the advice you will get has bias attached. Start your decision making process by building your own models and making general assumptions while looking into the future. Use this Excel model to start.
Related Article