Competency Modelling
Competency modelling enables an organisation to identify the skills, knowledge and behaviours required to deliver on its long-term strategic goals. And a smart company would know it must make the effort to do its inventory control – i.e. establish its present competencies and capabilities, and linking that back to what is needed in the medium and long term. The reason is simple, how do we get from Point A to Point B if we do not first determine where Point A is.
To drive overall organisational performance and align strategic and tactical planning, the competency frameworks need to be integrated across the HR life cycle, from Recruitment, Performance Management, Strategic Workforce Planning, Learning & Development, to Succession Planning and lastly, Compensation & Benefits.