Competency Management

Role and use of competency management. How it is useful in HRD and the methods of competency assessment.

1. PRESENTED BY: Nivya Paul Nikita Talukdar ( Prestige Institute of Management, Gwalior) COMPETENCY MANAGEMENT

2. Competency Competencies are personal capabilities that are demonstrated through measurable knowledge, skills, abilities, and personal attributes, which can contribute to enhance employee performance and ultimately , adds to the individual's and organization's success.

3. CONCEPT OF COMPETENCY Skill is Ability accomplish Talent is Inherent ability Competency is Underline characteristics that give rise to skill accomplishment Knowledge, skill and attitude

4. Competency Management Competency management is the set of management practices that identify and optimize the skills and competencies required to deliver on an organization’s business strategy. Competency management provides the foundation to manage strategic talent management practices such as workforce planning, acquiring top talent, and developing employees to optimize their strengths.

5. How Competency Mapping is Necessary? Research indicates that Source of 50% of job performance problems is that people are in the wrong job. 25% of on-the-job performance problems is the inability to identify the ‘gaps’ between the competencies of the person and the requirements of the job.

6. Competencies Can Be Improved In Several Ways Training Job Rotation Coaching Mentoring

7. Benefits Enriched understanding of expected behaviors and performance Improved talent planning Optimized development and mobility strategy Enhanced talent pipeline Improved operational efficiencies Integrated talent processes

8. Challenges Identification of critical competencies is difficult Alignment of competency development with business goals is weak Investment in competency management is de prioritized Competency models are exclusive of technical competencies Competencies are too often paper-based

9. Competencies Required by Employees Adaptability Commitment Creativity Motivation Foresight Leadership Independence Emotional Stability Analytical Reasoning Communication Skills

10. Types of Competencies Core Competencies- Internal capabilities that is critical to the business, to be possessed by all the individual Technical Competencies- Specific knowledge and skills required to be effective in a job Behavioral competencies- Motives, traits, attributes that shape behavior and reflects how one applies ones knowledge and skills in order to achieve results

11. Cont. Threshold competencies- characteristics required by a jobholder to perform job effectively Differentiating Competencies- Characteristics which differentiate superior performers from average performers

12. COMPETENCY ASESSMENT Following methods are used : Assessment/Development Centre 360 Degree feedback Role plays Case study Structured Experiences Structured Experiences/Simulations/Business Games Benchmarking & Case study Management Climate Study Top Performer Survey

13. Thank You