Expand your team’s skills and boost performance
Do you have a competency model for all your company’s roles? Do your employees know what skills, knowledge, and aptitude they need to efficiently and effectively perform at their jobs? Do they clearly understand what it takes to be successful in their roles?
It may seem challenging to measure certain skills within your organization, such as how well your employees are collaborating, and if they have good leadership skills. However, that’s what you need to do to boost efficiency and performance.
What Is Competency Development?
Competency development involves creating a model that defines all the skills, knowledge, and aptitude necessary for performing in various job roles. Once you have the right model, you can assess your employees to uncover all their strengths and weaknesses. You can see who is excelling at the job and who may need your assistance in terms of additional training and talent development. Apart from using your competency model in talent management and performance reviews, you can also use it in recruitment. That way, you can better define roles and find ideal candidates who match your unique model.
The Benefits of Competency Development
Some of the most vital benefits of competency development include:
Defining the roles
in your organization
Setting expectations regarding key knowledge and skills
Identifying and
closing skill gaps
Developing talent
in your company
Building future leaders
Increasing efficiency
and performance
Aligning performance with
your organizational goals
Creating a happy and
productive workplace
Improving your
bottom line
All of this relieves the pressure on the management and HR of the company, creating space for improved maneuverability.
