Define capable. Look at this thread as an example. Many answers contradict each other. There are so many ways to interpret the guidelines, which in many cases have not been thought through.
I have engaged in discussions with 5 companies located in the UK. All gave differing answers on specific questions relating to data for marketing, finance, and fraud.
1) Act in good faith. DPA fines seem to have been to people who had a blatant disregard for data protection and their customers, not those who tried hard but committed some technical breach.
2) Whenever new rules come out there is a long period of interpretation. Unless you are in a very high risk category I wouldn't 'throw the baby out with the bath-water' in the interim.
3) Documentation wins court cases.
4) Personally I was already trying not to have my data stolen, so I am not overly concerned by GDPR. I am updating some policies, employee handbooks and terms. I will watch how other companies deal with it before I act too rashly.
On the whole I think your approach is a very balanced and reasonable one, especially the 'act in good faith' bit. What surprises me is that plenty of companies explicitly do not act in good faith and try to interpret the directive creatively so that they can continue to do what they were already doing without modification. That's asking for trouble in my opinion, some companies in that bracket will find themselves in the un-enviable position of being used to educate the rest.
Especially in adtech and marketing there will be a lot of tension between business goals and the law as written and the finer you want to ride that line the more important it becomes to have competent guidance.
You need to know the law inside out to be able to tell someone exactly what to do in their situation. We - our little band of friends - have been reading up on this subject since the previous privacy law was enacted and all I can tell you is that it is much easier to spot things that are in conflict with the law(s) as written than to come up with a single workable solution that does not leave things open to interpretation.
Even so, these laws are good, they will force people to wake up to the underlying issues and to begin to think about their responsibilities when before the mantra seems to have been that any effort spent on privacy and security is better spent on growing the business because otherwise the other guy that doesn't care about those things will eat your lunch.