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
Profit Investment Management 62% from late 1997 to 1999, compared with 51% for the S&P 500. On July 9, 1999, the Profit Fund was given a 5-star rating from Mutual Funds Magazine, and from then on has consistently provided rates of returns surpassing those of the S&P 500, Russell 1000, and Russell 2000. On June 30, 2000, the Profit Fund was ranked Number 2 among 232 large-cap value funds with a three-year average annual return of 23.22%. In June 2008, Profit Investment Management was named one of the nation’s largest black-owned businesses by Black Enterprise Magazine, ranking 14th in the Asset Manager category.