How does Competency Management work?
Competency management begins with identifying the skills and abilities required for various roles within your organisation. This process starts by mapping out these abilities and setting clear performance expectations.
Next, employee skills are assessed against these benchmarks to identify any gaps. If so, targeted training and development programs are then implemented to address these gaps and enhance skills. Alternatively, external hires may be considered to fill these roles. Regular performance reviews are imperative to ensure that development is tracked and that accurate data is consistently fed into the CMS.
By integrating continuous feedback into competency-based performance management, organisations can foster a culture of constant improvement and responsiveness.