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
Subject-oriented business process management Subject-oriented business process management Subject-oriented business process management (S-BPM) is a communication based view on actors (the subjects), which compose a business process orchestration or choreography. The modeling paradigm uses five symbols to model any process and allows direct transformation into executable form. Each business process consists of two or more "subjects" which exchange "messages". Each subject has an "internal behavior" (capsulation), which is defined as a control flow between different states, which are "receive" and "send message" and "do something". For practical usage and for syntactical sugaring there are more elements available, but not necessary. In 2011 and 2012