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Capacity building: What is it good for?

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The capacity building of any company is highly important, whether big or small. The capacity building includes a variety of aspects which may include technical, managerial and support. There are many companies that provide such services as training, coaching, consulting and development which can either be internal or external. According to Adam Carrozza Psychologist , Capacity building is an investment required by the business as it helps in expansion, improvement, cost reduction, etc., but has some drawbacks like increased operating costs, etc. If these services are not given then these businesses will have to incur extra expenses and might end up closing their business down. So, there is a positive feedback, what should you know about them? What Does This Mean for Me? Let’s start with the definition of capacity building and what does it mean for me? We often hear terms like “capacity building” or just capacity, in general. But what does this even mean? Capacity building is define...