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Benefits to Management
By employing competency-based management systems, managers will be better equipped to:
- Achieve the ‘best fit’ in future recruitment and selection, ensuring they hire to meet the current and future requirements of the position.
- Provide fairer evaluations of performance by assessing each person’s capabilities relative to the competencies most critical for effective performance within their particular role.
- Maximize your organization’s training investment by targeting internal and external training programs to specific, identifiable gaps in critical competencies.
- Plan more effectively for succession and replacement needs.
- Proactively address many potential work-related staff concerns.
Benefits to Employees
With competency-based management systems, employees are better able to:
- Understand how their key responsibilities and daily activities fit in with the organization’s strategic direction and plans.
- Perceive greater fairness in evaluations because everyone in the same role is measured against a common benchmark (the role profile).
- Determine the competencies they possess, and their current development level in each of these competencies.
- Identify how they can develop themselves to a higher level in these competencies.
- Manage their own career planning and development.
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