(4) New opportunity or capability. In order to implement the strategies in an effective
and efficient way, organizations require specified enablers. A part of these enablers
is related to internal factors, such as employees’ skills, financial sources, brand, etc.
These can be affected by management decisions and can be referred to as
“capabilities”. The other part is related to external factors and stakeholders of the
organization which can be referred to as “opportunities” such as natural resources
availability, low tax rate, suitable tariff regulations, etc. This part involves
stakeholders contribution and other enablers over which the organization and
its stakeholders have the least control. Any change in these enablers affects the way
an organization carries out its processes, therefore reviewing the PMS is necessary
when these factors change