Capability management in business Capability management in business Capability management is the approach to the management of an organization, typically a business organization or firm, based on the "theory of the firm" as a collection of capabilities that may be exercised to earn revenues in the marketplace and compete with other firms in the industry. "Capability Management" seeks to manage the stock of capabilities within the firm to ensure its position in the industry and its ongoing profitability and survival. Prior to the emergence of capability management, the dominant theory explaining the existence and competitive position of firms, based on Ricardian economics, was the
Technology Business Management Council in November 2013 in Seattle, attended by approximately 400 IT leaders. At the conference, eBay received the council’s first Operational Excellence Award, given to organizations that employ “internal and external IT transparency to improve the cost-effectiveness of the services IT delivers to the wider organization.” The second conference is scheduled for October 2014 in Miami Beach. Technology Business Management Council Technology Business Management Council is a Washington-based non-profit organization with the goal of creating and promoting “best practices for running IT as a business.” As of January 2018, the TBM Council has about 5,100 CIO, CTO, & CFO members who