Creating value through competencies


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Creating value through competencies

  1. 1. "Creating Value through Competencies"
  2. 2. What Are Competencies ? Knowledge Skills Attitude Personality Context Job or Role
  3. 3. CccCompetence Competency <ul><li>Competence concentrates on the outcomes of job performance. (WHAT has been achieved) </li></ul><ul><li>Competency focuses on the behaviours that cause that outcome. (HOW was it achieved) </li></ul>Competence Vs Competency
  4. 4. Competencies Defining Competencies ROLE PERSON ORGANISATION COMPETENCY
  5. 5. Why Competencies ? <ul><li>If people know what the success factors are, they attempt to develop them. </li></ul><ul><li>Competencies offer a more specific and objective basis to define personal factors. </li></ul><ul><li>Competencies can be used to integrate the various processes on a common objective platform. </li></ul>
  6. 6. f Competencies <ul><li>Behaviorally anchored </li></ul><ul><li>Specific and observable </li></ul><ul><li>Reflect organizational culture and vocabulary </li></ul><ul><li>Visionary and forward looking </li></ul><ul><li>Few and critical (Not more than 8) </li></ul><ul><li>Discrete </li></ul>Characteristics of Good Competency
  7. 7. <ul><li>Empirical – Bespoke - Tailored </li></ul><ul><li>Off the Shelf – Ready made </li></ul><ul><li>Customized - Adjusted </li></ul>AAAA Approaches
  8. 8. Bespoke <ul><li>Job analysis </li></ul><ul><li>Identifying high performers </li></ul><ul><li>Identifying competencies </li></ul><ul><li>Defining competencies </li></ul>Bespoke
  9. 9. MM Of Job Analysis And Competency Identification <ul><li>Diary method </li></ul><ul><li>Structured interviews </li></ul><ul><li>Critical incident method </li></ul><ul><li>Repertory grid method </li></ul>Methods of Job Analysis and Competency Identification
  10. 10. <ul><li>McBer Generic Competencies </li></ul><ul><li>Achievement and action competencies </li></ul><ul><li>Managerial competencies </li></ul><ul><li>Influencing competencies </li></ul><ul><li>Personal effectiveness competencies </li></ul><ul><li>Cognitive competencies </li></ul>
  11. 11. MModels Of Competencies <ul><li>Managing tasks </li></ul><ul><li>Managing people </li></ul><ul><li>Communicating </li></ul><ul><li>Thinking creatively </li></ul><ul><li>Working with information </li></ul>Models of Competencies
  12. 12. Benefits of Competency Models in HRM Systems <ul><li>Selection </li></ul><ul><li>Provides a complete picture of the job requirements </li></ul><ul><li>Increases the likelihood of hiring people who will succeed in the job </li></ul><ul><li>Minimizes the investment (both time and money) in people who may not meet the company’s expectations </li></ul><ul><li>Ensures a more systematic interview process </li></ul><ul><li>Helps distinguish between competencies that are trainable and those that are more difficult to develop </li></ul>Benefits of Competency Models in HRM Systems
  13. 13. Benefits of Competency Models in HRM Systems <ul><li>Training and Development </li></ul><ul><li>Enables people to focus on the skills, knowledge, and characteristics that have the most impact on effectiveness </li></ul><ul><li>Ensures that training and development opportunities are aligned with organizational values and strategies </li></ul><ul><li>Makes the most effective use of training and development time and dollars </li></ul><ul><li>Provides a framework for ongoing coaching and feedback </li></ul>Benefits of Competency Models in HRM Systems
  14. 14. Benefits of Competency Models in HRM Systems <ul><li>Appraisal </li></ul><ul><li>Provides a shared understanding of what will be monitored and measured </li></ul><ul><li>Focuses and facilitates the performance appraisal discussion </li></ul><ul><li>Provides focus for gaining information about a person’s behavior on the job </li></ul>Benefits of Competency Models in HRM Systems
  15. 15. Benefits of Competency Models in HRM Systems <ul><li>Succession Planning </li></ul><ul><li>Clarifies the skills, knowledge, and characteristics required for the job or role in question </li></ul><ul><li>Provides a method to assess a candidate’s readiness for the role </li></ul><ul><li>Focuses training and development plans to address missing competencies </li></ul><ul><li>Allows an organization to measure its “bench strength” (number of high-potential performers) </li></ul>Benefits of Competency Models in HRM Systems
  16. 16. KPAs of Level 2 Work Environment Communication Staffing Performance Mgmt Training Compensation Organizational Performance Alignment Competency Based Assets Mentoring Competency Development Knowledge and Skills Analysis Training and Development Competency Integration Empowered Workgroups Workgroup Development Participatory Culture Communication and Coordination Quantitative Performance Management Competency Based Practices Career Development Compensation Performance Management Work Environment Organizational Capability Management Workforce Planning Staffing Continuous Workforce Innovation Continuous Capability Improvement PCMM & Competencies PCMM & Competencies Levels 5 Optimizing 4 Predictable 3 Defined 2 Managed Building Competencies Building workgroups & culture Motivating and managing performance Shaping the workforce