This white paper examines how to use a competency-based approach to build behaviors, skills, and knowledge. It explains how to integrate competencies into all phases of talent management to onboard, review, develop, motivate, and retain employees. It also shows the valuable contribution competencies can make in managing change and defusing turf battles that arise during downsizings, consolidations, and business reengineering.
review of scm for investment management
involved in a regular review of competencies. Events that Should Trigger a Review of Competencies: Organizational Level Implementation of business processes, technology, operating procedures or policies Changes in the organization chart or team structure Expansion into new markets, new locations Decisions about cutting or adding jobs Manager Level When an employee quits or is terminated Wiring job descriptions for new or existing jobs Preparing to interview and select job candidates Performance reviews