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INTERNATIONAL TESTING AGENCY Financial Statements As of December 31, 2020International Testing Agency, Avenue de Rhodanie 58, 1007 Lausanne, Switzerland Phone: +41 (0)21 612 12 12 Email: info ITA.sport
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How to fill out dynamic capabilities in crises

01
Identify the specific crisis situation and assess the impact it has on your organization's capabilities.
02
Evaluate the existing capabilities of your organization and identify gaps that need to be filled during the crisis.
03
Understand the potential opportunities that arise from the crisis and determine how dynamic capabilities can be leveraged to exploit these opportunities.
04
Develop a comprehensive plan to build and enhance dynamic capabilities, considering factors such as agility, resource flexibility, learning capacity, and collaborative networks.
05
Implement the plan by allocating resources, training employees, and establishing communication channels to facilitate the development and utilization of dynamic capabilities.
06
Continuously monitor and evaluate the effectiveness of dynamic capabilities in addressing the crisis situation and make necessary adjustments.
07
Regularly update and refine your organization's dynamic capabilities to ensure their relevance and effectiveness in future crises.

Who needs dynamic capabilities in crises?

01
Any organization that faces a crisis can benefit from dynamic capabilities.
02
This includes businesses, non-profit organizations, government agencies, and any other entity that operates in a volatile and uncertain environment.
03
Dynamic capabilities help organizations adapt to changes, exploit new opportunities, and recover from crises more effectively.
04
They are particularly crucial for industries that are prone to frequent disruptions or those that require high levels of innovation and agility.
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Dynamic capabilities refer to a firm's ability to adapt and reconfigure resources and processes in response to significant changes in the environment.
Companies that are facing a crisis or anticipating a crisis may need to assess and file dynamic capabilities.
To fill out dynamic capabilities in crises, companies need to evaluate their current resources and processes, identify areas that need to be adjusted, and implement changes accordingly.
The purpose of dynamic capabilities in crises is to help companies navigate through uncertain and challenging times by enabling them to adapt quickly and effectively.
Information such as the company's current resources, processes, potential challenges, and proposed strategies for overcoming crises must be reported on dynamic capabilities.
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