A Competency Model is a description (in behavioral terms) of the particular combination of knowledge, skills, abilities, and characteristics needed to perform a role in an organization effectively. Competency modeling, then, is the process of identifying the competencies that are essential for individuals to perform a role in an organization. Competency modeling can be a useful tool for all jobs and levels in the organization, from entry-level employees to the most senior executive position.
A competency model is a valuable tool to help people translate the organization's vision and strategy into action. The competency models that we develop are supported by sound research and identify success factors that are specific, behavior-based, and measurable. For competency models to be useful as human resource tools, they must not only define the competencies necessary for effective performance, but also provide examples to illustrate when a particular competency is being demonstrated in a job.
A Competency-based approach can be used to enhance and integrate virtually every element of an organization's human resource management systems, including:
Recruiting
and Selection: Increases the likelihood
of hiring and placing people who
will succeed in the job
Leadership
and Professional Development: Ensures
that development opportunities
are aligned with the company's strategy
and values
Performance
Management: Provides a shared
understanding of what will be
monitored and Measured
Workforce
Planning and Redeployment: Serves as
a tool for analyzing the gap between
the organization's future needs
and the skills and abilities of
the workforce