Organizational Capabilities
Organizational capabilities refer to the skills, resources, and processes that enable an organization to achieve its goals effectively. These capabilities include aspects like leadership, teamwork, and innovation, which help organizations adapt to changes and improve performance. Strong organizational capabilities can lead to a competitive advantage in the marketplace.
Developing organizational capabilities involves training employees, investing in technology, and fostering a positive culture. By enhancing these capabilities, organizations can streamline operations, improve decision-making, and respond more quickly to customer needs. This ultimately contributes to long-term success and sustainability in a dynamic business environment.