BUSINESS CAPABILITY

hi

http://www.harris-management-solutions.com/business-capability.html

Effective business capability involves a business having the structure and capability that will enable it to develop and grow to reach its full potential. As well as having a good organizational structure, the business needs to have good governance, clear lines of accountability, and have effective leadership.

Once a sound strategy and a business plan is developed, it will become clear what capabilities the business will need for the future. The key things that need to be considered regarding organizational capability are:

• The ownership structure of the business

• The business competences that are needed to compete effectively in the marketplace

• Capability development stages

• The design of the management and organizational structure

• Strategic alliances

• Access to professional advisors

• The responsibilities of business owners, principals or directors

• Business risks and business continuity.

;;_))