Meaning ● Dynamic Capability within a Small to Medium-sized Business (SMB) context embodies an organization’s ability to sense, seize, and reconfigure resources and processes to adapt and grow within dynamic markets, often accelerated through automation. In SMBs, this translates into a strategically agile approach to identifying new opportunities, rapidly implementing solutions, and restructuring operations for sustained competitive advantage, particularly through technological implementations. It concerns the firm’s capacity to not only react to changes but also proactively shape its environment. Automation serves as a crucial enabler, allowing SMBs to streamline processes and free up resources for innovation and strategic realignment. These capabilities are specifically relevant in enabling scalable growth and mitigating vulnerabilities associated with rapid expansion. ● Leveraging adaptable technology and streamlined processes is a hallmark of effective dynamic capabilities.
