The Progress Economy

What we’re thinking

Seekers apply capabilities to power progress.

These capabilities are, for example, skills, knowledge, physical attributes such as strength, more abstract attributes such as availability, power etc. At an organisational level, we might talk of marketing or R&D capabilities.

In the progress economy:

• capabilities are the power behind progress – the better your capabilities, and the better you can apply them, the better your progress; conversely, lacking capability, hinders progress
• resources carry capabilities – people, goods, systems, departments (groups of people, systems) – powerfully, two resources that carry the same capability can be interchanged