The document discusses competency-based strategies in human resource management. It defines three types of competencies - behavioral, technical, and leadership competencies. It then provides examples of competencies and subcategories. The document compares traditional and competency-based approaches to recruitment and selection, performance management, and job descriptions. It outlines the processes and highlights advantages and challenges of competency-based approaches.
Pom unit-iv, Principles of Management notes BBA I Semester OUBalasri Kamarapu
BBA notes, Osmania University, I sem, Principles of Management, PPT of Principles of Management, Osmania University BBA Notes, POM notes by NET qualified faculty
Business People Excellence is a comprehensive framework to provide guidance on improving performance of human resources management in all kind of organizations
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Pom unit-iv, Principles of Management notes BBA I Semester OUBalasri Kamarapu
BBA notes, Osmania University, I sem, Principles of Management, PPT of Principles of Management, Osmania University BBA Notes, POM notes by NET qualified faculty
Business People Excellence is a comprehensive framework to provide guidance on improving performance of human resources management in all kind of organizations
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
Website Link :
https://skyeresidences.com/
https://skyeresidences.com/about-us/
https://skyeresidences.com/gallery/
https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
https://skyeresidences.com/queen-suite-with-sofa-bed-accessible/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
#Skye Residences Etobicoke, #Skye Residences Near Toronto Airport, #Skye Residences Toronto, #Skye Hotel Toronto, #Skye Hotel Near Toronto Airport, #Hotel Near Toronto Airport, #Near Toronto Airport Accommodation, #Suites Near Toronto Airport, #Etobicoke Suites Near Airport, #Hotel Near Toronto Pearson International Airport, #Toronto Airport Suite Rentals, #Pearson Airport Hotel Suites
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
2. Introduction
• Competency-based HRM is about using the concept
of competency and the results of competency
analysis to inform and improve the processes of
performance manage- ment, recruitment and
selection, employee development and employee
reward
• Competency-based HR is primarily based on the
concepts of behavioural and tech- nical competencies
3. TYPES OF COMPETENCIES
1.Behavioral Competencies – the type of behaviour required to deliver
results such as teamworking, communication, leadership and decision-
making. They are sometimes known as ‘soft skills
2.Technical Competencies – Technical competencies define what people
have to know and be able to do (knowledge and skills) to carry out their
roles effectively.
3.Leadership Competencies – an expression of the qualities that make a
good leader, turned into measurable behaviours.
4. Competency and subcategories
Category Subcategory Competency
Behavioral Teamwork
Supports group decisions and puts group
success ahead of own goals
Problem Solving
Analyses problems by obtaining and
organizing relevant information
Customer Service Is approachable and willing to help others
Results Orientation
Is results-driven and can identify steps to
achieving goals
Communication Communicates ideas effectively
5. Competency and subcategories
Category Subcategory Competency
Technical Sales
Is he competent at using Customer
Relationship Management (CRM)
system
Marketing
Is he competent at using Hootsuite
for social media queuing
Accounting
Is he competent at using account
systems?
6. Competency and subcategories
Category Subcategory Competency
Leadership Motivation
Motivates and
inspires
Employee relations
Acts with empathy
and compassion
Diversity Embraces diversity
7. Competency based job description
• It refers to a job description which combines takes a
competency based approach.
• It includes all kind of elements which an organization would
like someone to posses so as to match with the organization
requirements
8. Elements of competency based job
description
• Job title – title that is used to refer to the employees
position in the company e.g. Project Manager
• Relevance of position – statement about how the position
supports the company (with its business plan and objectives)
• Major responsibilities – list of the main activities that the
individual must undertake on a day-to-day basis
• Critical criteria – standards and qualities that candidates
must have in order to be considered for the job
• Preferred criteria – qualities that the company would like
candidate to possess but are not crucial in the day-to-day
activities of the job
• Reports to – who their manager is
9. Why competency-based job descriptions
1. It provides crucial information for assigning the correct title and pay
grade for the job
2. It make it easier to recruit candidates as the process becomes more
efficient
3. It help to attract potential candidates who have a complete
understanding of the duties and responsibilities they will perform
4. Finally, the competencies identify the essential functions of the job
10. Uses of competencies
• Performance management
• Training and development
• Recruitment and selection
11. Competency based recruitment and
selection
• Competency based recruitment is a process of recruitment
based on the ability of candidates to demonstrate what
they know about their professional experience which can be
used as evidence that the candidate has a given competency
• Competency based selection refers to a process of selecting
potential candidates who have got the required
competencies as per provided job description
12. Traditional Employee Recruitment and Selection
• Traditional recruitment is based on identify job
descriptions (describes the work activities or job
responsibilities of the successful job incumbent) and job
specification (specifies the qualifications an individual
should possess in order to carry out the work)
14. The Traditional Selection Process
• The traditional selection process begins where recruitment
ends. The selection process requires HR practitioners to
carry out 10 predictable steps
15.
16. Competency Based Recruitment
• Competency-based recruitment begins when the
organization's leaders identify the key work roles,
positions, or other work designations in need of
recruitment efforts
17. Difference between a traditional approach and a competency-based
approach at this stage of the selection process
• The traditional approach relies on a considerable number of
assumptions about a candidate's qualifications, based on
superficial evidence of ability, such as academic degrees or
work and salary history. While
• In a competency-based approach, the guesswork is largely
eliminated. The goal of competency-based selection is to go
beyond the superficial to discover real evidence of ability to
perform, based on interview questions that explore actual
experience or work samples
18. Difference between a traditional approach and a competency-based
approach at this stage of the selection process
• In competency recruitment and selection candidates are
careful examined through a number of process and tests
including practical sessions while in traditional few process
are conducted and in most cases not practical sessions
• Competency based recruitment and selection requires
enough time and financial resources as compared to
traditional
• Competency based recruitment and selection requires panels
to conduct the process while traditional recruitment and
selection can be done even by single individual
19. Merits of competency based R&S
• First, competency-based recruitment and selection are
results oriented
• Secondly, help organization recruits and attracts relevant
candidates for the job
• Third, a competency-based recruitment and selection
process provides applicants with opportunities to outline,
explain, and demonstrate their qualifications in competency-
based terms.
• Fourth, it help organization reduce costs of intensive
training to newly recruited and selected candidates
20. Merits of competency based R&S
• Fifth, it provides equal employment opportunity to any one
possessing the required competencies as compared to
traditional which might be affected by biasness
• Sixth, it offer an organization with key candidates who may
suit to higher positions through succession plan without
taking much time to prepare them
21. Competency-based recruitment and selection
challenges
• Competency-based processes is complicated and require a
disciplined and regulated approach to job and work analyses
• Competency-based approaches are not appropriate for
recruiting and selecting unskilled or semiskilled workers
• Using competency-based job information in recruitment
could dramatically increase the cost of advertising, since
extensive information on the job and candidate
requirements must be published
• It is somewhat time consuming
22. When to use traditional R&S?
• Decision makers are unwilling to make the substantial
investment of time, money, and effort that are necessary
for researching and validating competencies for any of the
organization's job
• The organization's resources are limited and cannot be
committed to establishing a competency-based approach
• The organization's need is for unskilled or semiskilled
workers with whom a competency-based approach is not that
useful
• Recruitment and selection activities must be completed
within a very limited period of time
23. When to use competency R&S?
o The selected workers must complete work of strategic importance to the
organization.
o The organization needs to fill leadership and management positions.
o Decision makers will commit the resources needed to carry out the competency-
based recruitment and selection processes.
o It is necessary to fill "high stakes" jobs or specialized work roles for individual
contributors or team members in an intensely demanding work environment.
o There is enough time and resources
24. Competency Based Training & Development
• Competency Based Training is an organized method of
training and assessment which is targeted at accomplishing
certain results. The focus is on performing as opposed to
just knowing
25. Competency Based Performance Management
• Performance management refers to a continuous process of
ensuring employee improvements in their job performance
• It is a process aiming at ensuring that employees job
performance are in line with the organization goals and that
whatever they do is for effective and efficient organization
success
26. Competency Based Performance Management
• Competency PM is used to ensure that performance reviews
do not simply focus on outcomes but also consider the
behavioral aspects of how the work is carried out that
determine those outcomes.
27. Traditional Performance Management
• Traditionally, performance management systems
concentrate on performance planning and evaluation,
rewards and discipline.
• Traditional performance management in organizations
includes many HR activities that are intended to improve
worker performance
28. Model of competency based PM
Step 1: Define the work and the competencies required to perform it
Steps 2 and 3: Identify the employees to do the work and assess
employee competencies
Step 4: Identify and document competency gaps
Step 5: Prioritize employee development needs
Step 6: Establish work goals, plans, and standards with the employees
29. Model of competency based PM
Step 7: Implement competency development activities
Step 8: Monitor performance
Step 9: Conduct performance reviews
30. Moving to a competency-based approach to
a performance management
• Obtain senior management support for, and willingness to
commit, the needed resources to design, implement, and
maintain the system
• Identify the scope of the application (for example, work
units, divisions, employees by work roles)
• Define the work or roles that will be a part of the
competency-based approach to performance management
• Create system administration documents (for example,
competency assessment materials, record-keeping forms
needed to track performance
31. Moving to a competency-based approach to
a performance management
• Create and implement an organization communication
strategy to in-form all employees about the system, its
benefits, processes, and plans
• Design and deliver competency-based training that
communicates the competency-based performance
management system processes
• Perform complete baseline competency assessments for
employees relative to the performance requirements for the
work they perform
32. Advantages of Competency Based
Performance Management
• It gives employees the opportunity to convey their interests
and satisfaction in performing work that is aligned with
their competencies
• In a competency-based approach, employees' work results
are aligned with achievement of the organization's strategic
objectives
• The approach affords the opportunity to identify and
develop needed competencies
• Competency assessment results provide training needs
assessment data that can be used to plan and deliver
employees' training in a targeted manner.
33. Advantages of Competency Based
Performance Management
• Competency-based systems are more valuable than
immediate financial rewards
• It enhance objectivity in performance management rather
than subjectivity and biasness
• It enhance good relationship between employees and their
supervisors as it reduce chances of conflicts during
assessment
34. Competency-based performance management
challenges
• Required resources need to be available over the long term.
• Managers will face increased workloads as a competency-based approach
requires them to provide employees with additional and more effective
feedback as well as accept responsibilities for addressing performance
obstacles.
• The tremendous benefits in improved performance will not be realized
overnight, and their patience and understanding are critical to successful
implementation.
• There must also be a strong alignment between the organization's strategic
direction and the benefits and costs of adopting this system