All tagged transformation
As a business owner or manager, it can be difficult to know whether a particular issue is related to capability or capacity.
In general, CAPABILITY refers to the skills and knowledge needed to perform a task, while CAPACITY refers to the available resources (time, staff, equipment, etc.) to complete the task.
There are countless examples of companies that have great ideas but fail to execute them effectively. In some cases, they may be unable to launch products on time or budget, struggle to scale their business, or simply fail to meet customer needs. But why do so many companies struggle to execute, despite having the necessary resources and talent?