In developing new directions for strategy development why may it be necessary to develop new capabilities?
A) New capabilities may be needed to operate in new markets or to develop new products.
B) The HR manager introduces a new training programme.
C) Existing capabilities are already best practice in the industry.
D) The organisation has achieved 'lock- in'.

Question

Quizplus · Accepted Answer

New capabilities are often necessary to effectively enter new markets or create new products, as they may require different skills, technologies, or processes than those currently possessed by the organization.

In Developing New Directions for Strategy Development Why May It