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 in November 2013 in Seattle, attended by approximately 400 IT leaders. At the conference, eBay received the council’s first Operational Excellence Award, given to organizations that employ “internal and external IT transparency to improve the cost-effectiveness of the services IT delivers to the wider organization.” The second conference is scheduled for October 2014 in Miami Beach. 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