Competency management
Contents
Definition
A collection of processes used to identify and evaluate the current strengths and needs as well as predict the future needs within an organisation and finally to implement the required corrective actions.
Summary
One paragraph
Description
Competency management in the management system
Competency management is a part of a management system. Figure 1 summarises the integration of competency management into a management system.
Figure 1: Organisational Competency interaction
Mission, vision, strategies
Competency management aligns competencies with mission, vision and strategy of the organisation.
Organisational competency
The four elements of organisational competency and their interaction is described in the article on Organisational competency
Performance indicators and critical success factors
Competency based management
Figure 2 summarises the interface between competency based management and KM.
Figure 2: Competency Based Management – KM Interface
Essential components of competency management
Figure 3 summarises the items an organisation must take care of in order to manage competencies well.
Figure 3: Components of good competency management
