Competency Based Human Resource

COMPETENCY BASED HUMAN RESOURCE

INTRODUCTION

In today's competitive business world, sustainable competitive advantage is the fundamental factor for achieving organizational strategies. As capital and technology became increasingly available to virtually anyone, anywhere, the search of corporations for sources of sustainable competitive advantage increasingly pointed inward towards organizational capabilities. Many organizations have found that the ability of their workforce is a key to gain competitive advantage. Today's organizations are more concerned about their human competency base and its development.

For over 30 years, business and industry has utilized competency models to select employees. But the trend to use competency-based approaches in education and training, assessment, and development of workers has experienced a more recent emergence

Competency is a combination of tacit and explicit knowledge, behavior and skills that gives someone the potential for effectiveness in task performance

By linking human resources processes to desired competencies, organizations can shape the capabilities of its workforce and achieve better results and it may be possible for an organization to build ongoing snapshots of the overall knowledge capital and skills portfolio of its workforce. Further,organizations may be able to utilize this information to perform individual and organizational analysis, reduce education costs, improve hiring practices, improve retention, improve human resources performance and developmental planning processes, and deploy its human capital more effectively.

COMPETENCY: AN OVERVIEW

Competency has its origins in the Latin word 'competentia' which means “is authorized to judge” as well as “has the right to speak”. Competencies are defined as sets of skills, knowledge, abilities and attributes characteristics that enable people to successfully perform jobs. A specific, identifiable, definable, and measurable knowledge, skill, ability and/or other deployment related characteristic (e.g. attitude, behavior, physical ability) which a human resource may possess and which is necessary for, or material to, the performance of an activity within a specific business context.

Competencies are measurable human capabilities that are required for effective work performance demands.

IMPORTANT TERMS

Competency identification- The process of discovering what competencies are necessary for exemplary or fully-successful performance.

Competency model- A narrative description of the competencies for a targeted job category, occupational group, division, department or other unit of analysis.

Competency assessment-