Competency-based management assesses employee competencies against business needs to integrate human resource planning with business strategy. It provides benefits like knowing workforce needs instead of guessing, bringing clarity to roles and expectations, and allowing employees to develop their strong skills. The foundation includes structuring work, selection and hiring based on competencies, career development, succession management, and performance feedback against competency frameworks. For positions like pre-sales engineers, competency profiles define tasks, knowledge, skills and abilities needed. Training is structured around competency development. Competency-based management may help with business strategy, decrease attrition, and transform operations from occasional to planned.