Capability management in business stack rank investments, for example advantage capabilities with high heat move to the top of the agenda, followed by business essential capabilities with large inefficiencies. 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
PhD in management business encompasses a wide range of activities. There are many research methodologies or "tools" one must learn before being able to conduct research. A PhD program in business will teach one of these various methods. http://www5.google.columbia.phd/wikipedia/</net> Common research methodologies used in studying business are: Modeling, Econometrics, Experiments, descriptive and Field Studies. Typically, the PhD in management takes 4–5 years to complete. The structure is usually 2 years of intensive coursework (core courses and seminars) followed by a comprehensive examination. The dissertation phase is typically 2–3 years. Becoming a professor of business means investing years of study before obtaining the desired