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
Technology Business Management Council 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 are advancing technology business management standards and education across all industries. Its current board of directors includes executives from AIG, Aflac, Apptio, Cisco, Dollar General, First American, Intuit, Great West Life, MasterCard, Micron, Nationwide, Red Ventures, Stanley Black & Decker, SunTrust, Tyson Foods, and the University of Pennsylvania. The TBM Council began as a biannual executive