Definition of Competencies
Competencies are defined as “the measurable characteristics of a person (e.g., behavioural skills, technical skills, attributes, attitude, etc.) that are related to success at work” .
Tools for Assessing Competencies
There are various tools and resources to assess how well an individual performs against pre-determined competencies. Many of these tools are based on significant amounts of research in the areas of management and executive development. These tools can be used to assess existing and prospective employees’ level of capabilities in relation to leadership competencies. They can also be used to diagnosis developmental needs and create development plans in a highly targeted manner.
Once an organization has determined what leadership competencies are critical for driving business results, they can conduct a competency-based gap analysis of their current talent pool in order to identify how best to approach leadership development and organizational succession planning initiatives.
The Importance of a Competency-Based Approach to Recruitment and Employee Development