Competency Models form the foundation of all Talent Management systems. They describe the skills, knowledge and abilities typically exhibited by successful performers and formulate a clear reference point from which to hire, manage and develop staff.
For example, competencies serve as a benchmark in assessing an individual’s mastery of the key factors essential for success in a role. In developmental planning, they serve as a benchmark to determine areas of strength and developmental opportunities. In the job description, they are referenced to describe how the individual is to deliver the desired outcomes.
Competencies enable organizations to establish a consistent lexicon of language that aligns all talent management processes. By having a common foundation of behaviors, people gain a clearer understanding of the path to success.
