Competencies Versus Skills

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Competencies are leant over several years; whereas, skills are learnt in a matter of months.

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Competencies Versus Skills

  1. 1. COMPETENCIES VERSUS SKILLS: What are your Strengths? By Aje Cunningham aje.cunningham@stlfsc.org
  2. 2. COMPETENCIES VERSUS SKILLS COMPETENCIES Learnt over several years. SKILLS Learnt in a matter of months.
  3. 3. COMPETENCIES VERSUS SKILLS SCANS Secretary’s Commission on Achieving Necessary Skills Formed by U.S. Department of Labor & Education. To determine the kinds of competencies and skills workers must have to succeed in today’s workplace. Surveyed business, organizations, unions, and more. Determined that workplace competency depends on 36 skills.
  4. 4. COMPETENCIES VERSUS SKILLS 36 Skills 5 Competencies 3-Part Foundation
  5. 5. COMPETENCIES VERSUS SKILLS 3-Part Foundation Basic Skills Thinking Skills Personal Qualities
  6. 6. COMPETENCIES VERSUS SKILLS Basic Skills 1) Reading 2) Writing 3) Arithmetic / Mathematic 4) Speaking 5) Listening 3-Part Foundation
  7. 7. COMPETENCIES VERSUS SKILLS Thinking Skills 6) Creative Thinking 7) Decision Making 8) Problem Solving 9) Seeking things in the mind’s eye 10) Knowing how to learn 11) Reasoning 3-Part Foundation
  8. 8. COMPETENCIES VERSUS SKILLS Personal Qualities 12) Responsibility 13) Self-esteem 14) Sociability 15) Self-Management 16) Integrity / Honesty 3-Part Foundation
  9. 9. COMPETENCIES VERSUS SKILLS 5 Competencies Resources Interpersonal Skills Information Systems Technology
  10. 10. COMPETENCIES VERSUS SKILLS Resources Identifies, organizes, plans and allocates resources 17) Time 18) Money 19) Material and facilities 20) Human Resources 5 Competencies Group
  11. 11. COMPETENCIES VERSUS SKILLS Interpersonal Skills Working with others 21) Participates as a member of a team 22) Teaches others new skills 23) Services clients / customers 24) Exercises leadership 25) Negotiates 26) Works with diversity 5 Competencies Group
  12. 12. COMPETENCIES VERSUS SKILLS Information Acquires and evaluates information 27) Acquires and evaluates information 28) Organizes and maintains information 29) Interprets and communicates information 30) Uses computers to process information 5 Competencies Group
  13. 13. COMPETENCIES VERSUS SKILLS Systems Understands complex inter-relationships 31) Understands systems 32) Monitors and corrects performance 33) Improves or designs systems 5 Competencies Group
  14. 14. COMPETENCIES VERSUS SKILLS Technology Works with a variety of technologies 34) Selects technology 35) Applies technology to task 36) Maintains and troubleshoots equipment 5 Competencies Group
  15. 15. COMPETENCIES VERSUS SKILLS Behavioral Interviewing A person’s past performance (in previous roles) is an excellent predicator of their future performance. Interviewer most likely will look for the following three types of competencies: Content competencies – work / role specific Functional / transferable skills - used generally with people, information or things, regardless of specific environment. Adaptive or Self-Management skills - personal characteristics
  16. 16. COMPETENCIES VERSUS SKILLS Below are selected career positions with their competencies and skills requirements. 10-15 years of asset-based lending and/or associated risk management experience, including a strong background in defining, identifying, evaluating, measuring, approving, managing and reporting risk exposures. Superior judgment and analytical skills. Solid understanding of leading risk management practices for asset-based lending businesses, including applicable laws and regulations. Ability to work effectively with others in potentially stressful situations. Strong Risk Manager interpersonal and communication skills. Strong decision making skills and $145K - $200K personal conviction. PREFERRED: Strong personnel management skills. Proven experience building effective teams, including talent recruitment and development. Experience in related product management and/or client development roles. Experience with business unit and/or corporate strategy work. Strong quantitative skills, including familiarity with economic capital allocation tools and methodologies.
  17. 17. COMPETENCIES VERSUS SKILLS Below are selected career positions with their competencies and skills requirements. BS or BA preferred. High school diploma or equivalent required. Insurance and Series 6/63 licenses required or must be willing to obtain. Lending experience preferred. Two years direct sales experience within the past three years. Proven track record/experience in sales and customer service. Financial Specialist Ability to assess customer needs and match products and services $35K - $50K accordingly. Effective communication and interpersonal skills necessary. Proven problem solving, conflict resolution, time management, and decision making skills required. Ability and desire to interact in a team environment; must be willing to contribute to team efforts.
  18. 18. COMPETENCIES VERSUS SKILLS SCANS Worksheet Example Participate in team training and problem-solving session with multi-cultural staff of waiters and waitresses. Focus on upcoming Saturday night when local club has reserved Task / Activity restaurant after midnight for party. Three people cannot work and team has to address the staffing problem and prepare for handling possible unique requests from the club. Interpersonal – Participates as a member of a team, SCANS Competency & Sub- teaches others new skills, serves customers, negotiates, Categories works with diversity. Basic Skills: listening, speaking. Thinking Skills: creative Foundational Skills thinking, reasoning, decision making. Personal Qualities: sociability, self-management. UFSC: Chair Public Relations Committee. Delegates team responsibility for a presentation. Team must divide Similar activity in other setting activities for members that involve preparing advertisement layout, posters, status report, and presenting report. Work with team at work to decide who covers 1) upcoming extra holiday hours. Other potential activities (o.k. to Join a team of volunteers to help the homeless. 2) make up!) Work with student government to plan activities for 3) student fair.

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