Talent Management: The Strategic Connection
There is one key element that defines the effectiveness of implementing competencies into a talent management system, and that is a strategic connection between business objectives and said competencies. Essentially: [...]
The Trainer’s Role in Developing Competencies
Competency modeling provides a truly ideal framework for your training programs. Studies show that competency-based training offers a return on investment (ROI) nearly ten times higher than the ROI of [...]
Key Ingredients to Organizational Success
Conversation, Compensation, and Competencies Do you feel overwhelmed with managing your employees’ expectations? Do they not understand your company culture and what is expected of them to keep progressing? You’re [...]
The Right Choices for Successful Workforce Planning
Staff turnover can be costly, not only in terms of the hiring and training process, but also as you transition between employees. That gap slows down your productivity and can [...]
Competency-Based Succession Planning
For most employees, the potential to access other, oft-higher positions within an organization is a great incentive to maximizing performance. As an HR professional, it is therefore important that [...]
The cost of a wrong hire: Competencies to the rescue
When it comes to the recruiting and hiring process, technical knowledge, education and experience, while important initial screening criteria, are not the elements that distinguish between average and superior performance. [...]
Looking for great talent? Competencies may be your best ally
The primary mission of HR professionals focuses on four distinct objectives: Finding great talent Minimizing the learning curve to productivity ratio Maximizing employee engagement Reducing voluntary turnover (employee retention) These [...]
Build Models With Input From Job-Holders
SECONDARY DATA COLLECTION METHODS Observation of Job Holders Observation of job holders can be helpful in developing competency models, if a limited duration of observation will permit observing highly effective [...]