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The Importance of Defining Key Competencies in an Organization
Hiring the right people for the right position defines the success of a business organization. The human resources is the most important asset of a company. It plays a major role in helping it achieve its mission and vision. It is one of the cost effective measures because this prevents the expensive and tedious hiring and selection process.
Furthermore, the success of a company does not just depend on its human resources but would also rely on several factors: clearly defining each of the roles, associating the jobs to the company’s goals and achieving maximum performance and sustaining high productivity levels. All these will best be attained by establishing the key competencies needed for an organization to grow and succeed. Hence, what we call the competency framework.
Making a competency framework will determine the set of skills, knowledge, abilities and capabilities that a candidate should have in order for her or him be qualified for the position and meet the set expectations. The process of hiring and selection does not stop once you have selected the qualified candidates but should as well include a clear discussion on the employee’s specific roles and contributions to help in accomplishing the goals of the organization. Structuring a competency framework helps in making the recruitment process easier and faster.
Filling up job vacancies is not as easy as employee retention. However, retention seems to be a more cost effective way than the hiring process. thus, highlighting the importance of being able to keep the right, committed and dedicated people in the organization. The framework also gives you an objective approach in evaluating the employees’ performance, helps in achieving high productivity levels and sustaining maximum performance and lets you determine how to aid the employee on her or his professional development.
It is very important to constantly inform and evaluate the employee on her or his performance. This will set things right and help the employees to be more effective on their jobs. The competency framework is an essential part of the performance evaluation system because this serves as a guideline on how to properly evaluate how well an employee is doing. Defining the key competencies will help the supervisor find an effective approach on how to handle an employee with poor productivity level and on how to further strengthen an employee with good performance.
An established competency framework also serves as an effective tool in training needs analysis. One way to retain an employee is to promote professional growth and development within the organization. The framework will as well determine what are the skills or competencies needed for an employee to develop its potentials and eventually improve his performance creating more chances for growth.
The competency framework serves as a backbone of an organization giving support to the company and its employees. Without defining the key competencies, the employees won’t have a clear direction and will have difficulty understanding their very important roles in the organization. The framework is very helpful to both the company and its employees in achieving their goals for them to accomplish the mission and vision of the organization.
- See more at: http://youremployment.biz/competency/the-importance-of-defining-key-competencies-in-an-organization/#sthash.pW4puZzD.dpuf
You are here: Home / The Importance of Defining Key Competencies in an Organization
The Importance of Defining Key Competencies in an Organization
Hiring the right people for the right position defines the success of a business organization. The human resources is the most important asset of a company. It plays a major role in helping it achieve its mission and vision. It is one of the cost effective measures because this prevents the expensive and tedious hiring and selection process.
Furthermore, the success of a company does not just depend on its human resources but would also rely on several factors: clearly defining each of the roles, associating the jobs to the company’s goals and achieving maximum performance and sustaining high productivity levels. All these will best be attained by establishing the key competencies needed for an organization to grow and succeed. Hence, what we call the competency framework.
Making a competency framework will determine the set of skills, knowledge, abilities and capabilities that a candidate should have in order for her or him be qualified for the position and meet the set expectations. The process of hiring and selection does not stop once you have selected the qualified candidates but should as well include a clear discussion on the employee’s specific roles and contributions to help in accomplishing the goals of the organization. Structuring a competency framework helps in making the recruitment process easier and faster.
Filling up job vacancies is not as easy as employee retention. However, retention seems to be a more cost effective way than the hiring process. thus, highlighting the importance of being able to keep the right, committed and dedicated people in the organization. The framework also gives you an objective approach in evaluating the employees’ performance, helps in achieving high productivity levels and sustaining maximum performance and lets you determine how to aid the employee on her or his professional development.
It is very important to constantly inform and evaluate the employee on her or his performance. This will set things right and help the employees to be more effective on their jobs. The competency framework is an essential part of the performance evaluation system because this serves as a guideline on how to properly evaluate how well an employee is doing. Defining the key competencies will help the supervisor find an effective approach on how to handle an employee with poor productivity level and on how to further strengthen an employee with good performance.
An established competency framework also serves as an effective tool in training needs analysis. One way to retain an employee is to promote professional growth and development within the organization. The framework will as well determine what are the skills or competencies needed for an employee to develop its potentials and eventually improve his performance creating more chances for growth.
The competency framework serves as a backbone of an organization giving support to the company and its employees. Without defining the key competencies, the employees won’t have a clear direction and will have difficulty understanding their very important roles in the organization. The framework is very helpful to both the company and its employees in achieving their goals for them to accomplish the mission and vision of the organization.
- See more at: http://youremployment.biz/competency/the-importance-of-defining-key-competencies-in-an-organization/#sthash.pW4puZzD.dpuf
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