Competency Management is the process of defining individual level competencies linked to specific jobs, and aligning the competencies of the workforce with these requirements. Competency-based personnel management systems are focused on identifying the competencies needed for effective performance and on developing those competencies in the workforce.
WORLDWIDE TREND & CRITICAL NEED
The future success of any organization depends on how effectively the organization adjusts to challenges, such as decreases in performance, strategic shifts, competitive pressure, or socio-political changes. An organizational ability to adjust to new challenges is defined by the flexibility of its capabilities, the actual structure, the processes, the quality and motivation of its people and the openness of its culture .All of this aspects are highly bounded to the framework of Competency management and Performance management; which became a crucial approaches for advancement in any leading & competitive organization worldwide.