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 summit for CIOs sponsored by Apptio, which develops technology business management software as a service applications. In 2012, Apptio founded the TBM Council as a non-profit organization with a mission to identify and promote industry best practices for running technology organizations like a business. Upon incorporation, Apptio's Chief Marketing Officer (Chris Pick) became the president and Chief Information Officers from Cisco (Rebecca Jacoby) and First American (Larry Godec) became co-chairs of the board of directors. In 2013, the Council held its first industry conference in Seattle and expanded its program into Europe in 2014. In 2015, the Council appointed Mike