strategic (adjective, stra-te-gic, \ strəˈtiːdʒɪk \) capability (noun, ca-pa-bil-i-ty, \ ˌkeɪpəˈbɪləti \)
Definition: is an organization’s ability to successfully implement long-term strategies that allow it to stay competitive on the market and increase the value of its assets over time. Even though the strategic capability is inherently tied to the company’s strategies, it primarily focuses on the firm’s assets, market position, and resources, estimating the efficiency, with which it will be able to implement its strategies and plans in the future. As of now, it’s impossible to measure an organization’s strategic capability with a single universal method or metric.
In a Sentence:
- We’ve created an ad hoc committee to determine the strategic capability of our company so that we can more accurately determine our business potential.
- The ever-increasing level of their human resources has allowed them to improve their strategic capability substantially.
- The analysis of Bloomingstock’s strategic capability suggests that they can stay financially viable for at least three years without changing their current strategies.
Synonyms and related words: core capability, business strategy, organizational capability, capability mapping, strategic information systems