Capability management in business quickly or would not be very different from competitors' capabilities). Enabling capabilities are distinguished from supplemental capabilities in that they are required, but do not necessarily add value to core capabilities. A business capability is "what" a company needs to do to execute its business strategy (e.g., enable ePayments, tailor solutions at point of sale, demonstrate product concepts with customers, combine elastic and non-elastic materials side by side, etc.). Another way to think about a capability is that it is an assembly of people, process and technology for a specific purpose. Capability Management is the active management, over time, of
Business relationship management attribute. The model should help define boundaries that optimize effectiveness while supporting good governance practices. The BRM model of exchange and reciprocity must extend traditional dimensions to account for not only financial exchange, but also time, money, knowledge, and reputation exchanges. These are a key feature of business relationships. In 2013, the Business Relationship Management Institute (BRMI) was founded, which publishes a guide that offers a "comprehensive foundation-level overview of the art and practice of Business Relationship Management." BRMI offers a Business Relationship Management Professional (BRMP) designation, as well as a Certified Business Relationship Manager (CBRM) designation. These are globally