COMPETENCIES & CAPABILITIES
A distinctive mix of competencies and capabilities is imperative to any organisation aspiring for successful execution on its innovation strategy. While competencies constitute the representation of aggregated knowhow as supplied by each employee, capabilities reflect how the organisation facilitates application of that knowhow.
This differentiation becomes critical when examining the potential of digital ambitions defined by CxOs and senior management, and particularly in light of how the organisation is expected to absorb rapid changes in the market.
Innocope facilitates a framework--MARICORT [Mapping, Analysing, Re-integrating Competencies, Resources and Technologies]--for management teams. The tool allows evaluation of the current state and how the company may approach an upgrade of competencies, potentially through organisational re-design. In turn, the evaluation identifies potential paths for re-applying capabilities, including how to benefit from innovation networks.
Questions?
Please, feel free to contact Innocope for a detailed introduction to the Competencies and Capabilities concept.