The need for competency management goes far beyond the world of work, where it is vitally important for organizations to produce skilled, engaged and motivated employees. There are many developmental tools like Op Central that support self-awareness and personal development through reflection, feedback, and support in a variety of environments.
What is competency management?
Competency management is the process of identifying, tracking, and developing the skills and abilities needed to perform a job. It allows organizations to identify gaps in employee skills and knowledge and then plan for training and development to close those gaps.
Competency management systems are software applications that help organizations manage competencies. These systems typically include a database of competencies that can be used to create job descriptions, track employee skills and training, and assess employees against desired competencies. Competency management systems often also include tools for creating and administering developmental plans, such as training programs or mentorship opportunities.
Types of competencies
As organizations strive to improve performance and meet ever-changing business demands, they are turning to competency management software to help them identify, manage, and develop the competencies of their workforce.
There are three primary types of competencies that can be managed with competency management software:
- Job-Specific Competencies: These are the specific skills and knowledge required to perform a particular job or role within an organization. For example, a job-specific competency for a marketing manager might be “brand management” or for a sales representative it might be “product knowledge.”
- Organizational Competencies: These are the skills and behaviors that are important for all employees of an organization to possess in order to contribute to its success. Examples of organizational competencies include “customer focus” or “teamwork.”
- Leadership Competencies: These are the skills and attributes that are necessary for effective leadership at all levels within an organization. Examples of leadership competencies include “strategic thinking” or “decision making.”
Competency management software can help organizations identify the specific competencies that are required for each job, track employee progress in developing those competencies, and provide automated tools for managing and developing employee competence across the organization.
What are the benefits of competency management?
Competency management is a process used by organizations to identify, assess, and develop the skills and abilities of their employees. The goal of competency management is to help organizations ensure that their employees have the necessary skills and knowledge to perform their jobs effectively.
There are many benefits of competency management, including:
-Improved organizational performance: By ensuring that employees have the necessary skills and knowledge to perform their jobs effectively, competency management can help improve organizational performance.
-Increased employee productivity: Competency management can help increase employee productivity by identifying training and development needs and providing employees with the resources they need to improve their skills.
-Improved employee morale: Employees who feel like they are constantly developing their skills and knowledge are more likely to be engaged in their work and have higher morale.
-Reduced turnover: By investing in employee development, organizations can reduce turnover by making employees feel valued and appreciated.
Companies that use competency management software
Competency management software helps organizations identify and track the skills and abilities of their employees. This information can be used to improve employee performance, plan succession strategies, and make decisions about training and development needs. There are a number of different competency management software applications available, each with its own features and benefits.
Some of the most popular competency management software applications include:
-SAP SuccessFactors Competency Management: This application allows users to create a custom library of competencies, map them to job roles, and track employee progress over time. It also includes tools for creating development plans and assessing employee readiness for promotions or new assignments.
-Oracle Taleo Enterprise Edition: This application provides comprehensive capabilities for tracking employee skills and competencies, as well as planning succession strategies and managing talent pools. It also includes tools for creating development plans and conducting 360-degree evaluations.
-PeopleFluent Talent Development Suite: This application offers a variety of tools for managing employee skills and competencies, including a library of pre-built job profiles, mapping capabilities, and performance tracking. It also includes tools for creating development plans, conducting assessments, and providing feedback.