DCM (Dynamic Capability Model)

The Dynamic Capability Model (DCM) refers to an organization's ability to adapt, innovate, and reconfigure its resources and operations in response to changing market conditions. It emphasizes that successful companies don't just have static skills or assets; they develop processes that allow them to sense opportunities or threats, seize them proactively, and transform their capabilities to stay competitive. Essentially, DCM highlights the importance of organizational agility and learning, enabling businesses to evolve continuously rather than remain fixed in their ways, thereby sustaining long-term success in dynamic environments.