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Capability
A capability is the ability to execute a specified course of action or to achieve certain outcomes. As it applies to human capital, capability represents performing or achieving certain actions/outcomes in terms of the intersection of capacity and ability. Capability may also refer to: Engineering * Capability (systems engineering), the ability to execute a specified course of action * Capability management, integrative management function in the defense sector Computing * Capability-based addressing, scheme used by some computers to control access to memory * Capability-based security, concept in the design of secure computing systems Economics * Capability Maturity Model, a development model * Capability Maturity Model Integration, a process improvement training and appraisal program * Dynamic capabilities, theory in organizational sciences * Capability management in business, capacity, materials, and expertise an organization needs in order to perform core functions * Capab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 resource-based view of the firm (RBVF). The fundamental thesis of this theory is that firms derive their profitability from their control of resources – and are in competition to secure control of resources. Perhaps the best-known exposition of the Resource-based View of the Firm is that of one of its key originators: economist Edith Penrose. "Capability management" may ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capability Approach
The capability approach (also referred to as the capabilities approach) is a normative approach to human welfare that concentrates on the actual capability of persons to achieve lives they value rather than solely having a right or freedom to do so. It was conceived in the 1980s as an alternative approach to welfare economics. In this approach, Amartya Sen and Martha Nussbaum combine a range of ideas that were previously excluded from (or inadequately formulated in) traditional approaches to welfare economics. The core focus of the capability approach is improving access to the tools people use to live a fulfilling life. Assessing capability Sen initially argued for five components to assess capability: # The importance of real freedoms in the assessment of a person's advantage # Individual differences in the ability to transform resources into valuable activities # The multi-variate nature of activities giving rise to wellbeing # A balance of materialistic and nonmaterialistic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capability Brown
Lancelot Brown (born c. 1715–16, baptised 30 August 1716 – 6 February 1783), more commonly known as Capability Brown, was an English gardener and landscape architect, who remains the most famous figure in the history of the English landscape garden style. He is remembered as "the last of the great English 18th-century artists to be accorded his due" and "England's greatest gardener". Unlike other architects including William Kent, he was a hands-on gardener and provided his clients with a full turnkey service, designing the gardens and park, and then managing their landscaping and planting. He is most famous for the landscaped parks of English country houses, many of which have survived reasonably intact. However, he also included in his plans "pleasure gardens" with flower gardens and the new shrubberies, usually placed where they would not obstruct the views across the park of and from the main facades of the house. Few of his plantings of "pleasure gardens" have s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capability-based Security
Capability-based security is a concept in the design of secure computing systems, one of the existing security models. A capability (known in some systems as a key) is a communicable, unforgeable token of authority. It refers to a value that references an object along with an associated set of access rights. A user program on a capability-based operating system must use a capability to access an object. Capability-based security refers to the principle of designing user programs such that they directly share capabilities with each other according to the principle of least privilege, and to the operating system infrastructure necessary to make such transactions efficient and secure. Capability-based security is to be contrasted with an approach that uses traditional UNIX permissions and Access Control Lists. Although most operating systems implement a facility which resembles capabilities, they typically do not provide enough support to allow for the exchange of capabilities amo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dynamic Capabilities
In organizational theory, dynamic capability is the capability of an organization to purposefully adapt an organization's resource base. The concept was defined by David Teece, Gary Pisano and Amy Shuen, in their 1997 paper ''Dynamic Capabilities and Strategic Management'', as "the firm’s ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments". The term is often used in the plural form, dynamic capabilities, emphasizing that the ability to react adequately and timely to external changes requires a combination of multiple capabilities. Overview The phrase "dynamic capabilities" was introduced in a working paper by David Teece, Gary Pisano, and Amy Shuen. The final, peer-reviewed version was published in 1997. The idea of dynamic capabilities is similar in some ways to the previously existing concept of operational capabilities; the latter pertains to the current operations of an organization, whereas the former, by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capability-based Addressing
In computer science, capability-based addressing is a scheme used by some computers to control access to memory as an efficient implementation of capability-based security. Under a capability-based addressing scheme, pointers are replaced by protected objects (called capabilities) that can be created only through the use of privileged instructions which may be executed only by either the kernel or some other privileged process authorised to do so. Thus, a kernel can limit application code and other subsystems access to the minimum necessary portions of memory (and disable write access where appropriate), without the need to use separate address spaces and therefore require a context switch when an access occurs. Practical implementations Two techniques are available for implementation: *Require capabilities to be stored in a particular area of memory that cannot be written to by the process that will use them. For example, the Plessey System 250 required that all capabilities be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capability Maturity Model
The Capability Maturity Model (CMM) is a development model created in 1986 after a study of data collected from organizations that contracted with the U.S. Department of Defense, who funded the research. The term "maturity" relates to the degree of formality and optimization of processes, from ''ad hoc'' practices, to formally defined steps, to managed result metrics, to active optimization of the processes. The model's aim is to improve existing software development processes, but it can also be applied to other processes. In 2006, the Software Engineering Institute at Carnegie Mellon University developed the Capability Maturity Model Integration, which has largely superseded the CMM and addresses some of its drawbacks. Overview The Capability Maturity Model was originally developed as a tool for objectively assessing the ability of government contractors' ''processes'' to implement a contracted software project. The model is based on the process maturity framework first describ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capability Maturity Model Integration
Capability Maturity Model Integration (CMMI) is a process level improvement training and appraisal program. Administered by the CMMI Institute, a subsidiary of ISACA, it was developed at Carnegie Mellon University (CMU). It is required by many U.S. Government contracts, especially in software development. CMU claims CMMI can be used to guide process improvement across a project, division, or an entire organization. CMMI defines the following maturity levels for processes: Initial, Managed, Defined, Quantitatively Managed, and Optimizing. Version 2.0 was published in 2018 (Version 1.3 was published in 2010, and is the reference model for the rest of the information in this article). CMMI is registered in the U.S. Patent and Trademark Office by CMU. Overview Originally CMMI addresses three areas of interest: #Product and service development – CMMI for Development (CMMI-DEV), #Service establishment, management, – CMMI for Services (CMMI-SVC), and #Product and service acquisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capability Development Group
The Chief of Capability Development Group (CCDG) was head of the Capability Development Group (CDG) in the Australian Department of Defence, part of the Australian Defence Organisation. This position was created in December 2003 and disbanded through the amalgamation of the Capability Development Group and the Defence Materiel Organisation into the Defence Capability Acquisition and Sustainment Group from 2015. The appointed officer was responsible to the diarchy of the Chief of the Defence Force and the Secretary of Defence. Capability Development Group The role of the Capability Development Group (CDG) was to develop and gain Australian Government approval for future defence capabilities. The CDG has a close relationship with the Defence Materiel Organisation) and oversaw the implementation of Defence Procurement Review recommendations. As sponsor, CDG was responsible for developing capability proposals consistent with strategic priorities, funding guidance, legislation an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Incapable (Róisín Murphy Song)
A capability is the ability to execute a specified course of action or to achieve certain outcomes. As it applies to human capital, capability represents performing or achieving certain actions/outcomes in terms of the intersection of capacity and ability. Capability may also refer to: Engineering * Capability (systems engineering), the ability to execute a specified course of action * Capability management, integrative management function in the defense sector Computing * Capability-based addressing, scheme used by some computers to control access to memory * Capability-based security, concept in the design of secure computing systems Economics * Capability Maturity Model, a development model * Capability Maturity Model Integration, a process improvement training and appraisal program * Dynamic capabilities, theory in organizational sciences * Capability management in business, capacity, materials, and expertise an organization needs in order to perform core functions * Capab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capability (systems Engineering)
A capability, in the systems engineering sense, is defined as the ability to execute a specified course of action. A capability may or may not be accompanied by an intention. The term is used in the defense industry but also in private industry (e.g. gap analysis). Capability gap analysis The Joint Capabilities Integration Development System is an important part of DoD military planning. The "Operation of the JCIDS" introduces a Capability Based Analysis (CBA) process that includes identification of capability gaps. In essence, a Capability Gap Analysis is the determination of needed capabilities that do not yet exist. The Department of Defense Architecture Framework (DoDAF) suggests the use of the Operational Activity Model (OV-5) in conducting a CGA."Department of Defense Architecture Framework", Version 1.5, Volume 2, Department of Defense, 15 August 200/ref> See also * Capability Management * Operational Activity Model (OV-5) * Operational Event-Trace Description (OV ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Capital
Human capital is a concept used by social scientists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood. Companies can invest in human capital, for example, through education and training, enabling improved levels of quality and production. As a result of his conceptualization and modeling work using Human Capital as a key factor, the 2018 Nobel Prize for Economics was jointly awarded to Paul Romer, who founded the modern innovation-driven approach to understanding economic growth. In the recent literature, the new concept of task-specific human capital was coined in 2004 by Robert Gibbons, an economist at MIT, and Michael Waldman, an economist at Cornell University. The concept emphasizes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
