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
Business semantics management respect, it is similar to Enterprise Information Integration (EII) with the added benefit that the shared models are not described in technical terms but in a way that is easily understood by the business. Collibra is the first organization to commercialize the idea behind business semantics management. Collibra's approach to Business Semantics Management is based on DOGMA, a research project at the Vrije Universiteit Brussel. Business semantics management Business Semantics Management BSM is established by two complementary process cycles each grouping a number of activities. The first cycle is the semantic reconciliation cycle, and the second cycle is the semantic