The ABC’s of Competencies

Competency-based management is a strategic talent management approach that defines the competencies required for successfully delivering an organization’s business strategy. It is at the heart of a variety of facets of talent management, including recruitment and selection, learning and assessment, performance management, career development and succession planning, and workforce planning.

According to a 2016 study by Brandon Hall Group, 72% of organizations cite competencies as critical to their talent strategy, and there’s a reason for that.

By using competencies as building blocks, you will be able to create an integrated talent management network within your organization, to ensure you are hiring, developing, and promoting the right people into the right positions.

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