The Capability Economy

Organizations have searched tirelessly for the source of competitive advantage since the dawn of modern business. They have invested in strategy. Leadership. Innovation. Culture. Technology. Data. Artificial intelligence. Yet despite unprecedented access to intelligence, capital, and knowledge, most organizations still struggle to execute. History remembers revolutions by what became abundant. The Industrial Revolution made power abundant. The Information Revolution made knowledge abundant. Artificial Intelligence is making intelligence abundant. Every economic revolution eliminates one form of scarcity... and creates another. The Capability Economy™ preposes that the next scarcity is not intelligence. It is organizational capability. Drawing on economics, systems thinking, organizational science, complexity theory, decades of practical experience building organizations, and his work with leaders at Ignition Institute, Dr. Simon E. Mills introduces a new framework for understanding why organizations succeed, why they fail, and why sustainable performance depends less on brilliant strategies than on the operating systems that transform expertise into coherent action. This is not a book about artificial intelligence. It is a book about what becomes valuable after intelligence becomes abundant. It argues that the organizations that learn to build Radical Capability™ will not simply outperform their competitors. They will define the next economy.