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
Web Business Management System Web Business Management System WBMS - (Web Business Management System) - is a web-based software that manages or runs a website with specific business functions or requirements. These web-based tools allows business owners to run their website with a business mindset. WBMS - (Web Business Management System) also known as CBMS - (Cloud Business Management System). Example: http://www.dlleitsolutions.com/projects/cloud-business-management-system/ Practice Business process management (BPM) is a management science that focuses on improving corporate performance by managing and optimising a company's business processes.[1] It can therefore be described as a "process optimization process." It is argued that BPM enables organizations to be