This paper examines the role of Dynamic and Ordinary Capabilities in determining Organizational Performance (OP), with particular attention to how these capabilities interact and operate amid environmental uncertainty. Using survey data collected from 190 Colombian companies spanning multiple industries, the study applies Partial Least Squares Structural Equation Modeling (PLS-SEM) to assess performance through Return on Assets (ROA) and Operating Return on Assets (OROA). The analysis shows that Dynamic Capabilities related to sustainability and resilience enhance OP, whereas Ordinary Capabilities associated with business continuity are linked to weaker performance outcomes. The study further investigates whether Business Continuity Ordinary Capabilities act as a mediating mechanism between Dynamic Capabilities and OP. Results indicate a competitive mediation for Resilience Dynamic Capabilities, but no significant mediating influence for Sustainability Dynamic Capabilities. These findings emphasize the strategic importance of Dynamic Capabilities in maintaining and improving organizational success during periods of instability. The paper concludes with managerial recommendations for capability development and proposes avenues for future inquiry, such as cross-national comparisons, longitudinal frameworks, construct refinement, and sector-based assessments.
