Toward More Operational Dynamic Capabilities Concept: Possible Contribution of the Dynamic Enterprise Construct

The main purpose of the research is to provide some new cognition toward more operational dynamic capability concept based on the enterprise’s life cycle concept and a dynamic enterprise construct. The logic of ten dynamic enterprise’s characteristics is followed and propositions are developed. These propositions are providing basis for development of empirical testing as well as indicating conditions for building and sustaining enterprise’s dynamics. An integral and holistic governance and management approach is of crucial importance for implementing enterprise’s major orientation toward “dynamics”. This orientation should be incorporated in goals and objectives at all hierarchical levels of management process; that is in enterprise’s vision, mission, and strategies as well as in operative goals and objectives of an enterprise.