Competency: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Competency

  • an innate personal skill or ability.
  • See also Competence

Wiktionary Definition for: Competency

  • The ability to perform some task.
  • (''Law'') Meeting specified qualifications to perform.
  • (Linguistics) Sub-conscious knowledge of a native language's structure.

Additional Resources

The CMA Competency Framework: Unlike Any Other
CMA Canada is developing an innovative competency framework that will ensure CMAs remain the premier strategic financial management professionals who lead successful enterprises in the global marketplace. The mapping framework defines each competency stage, encompassing the career level, the competency approach (i.e. the knowledge, functional skills, enabling skills, and experience...
Tags: Financial accounting, Investment, Gale Group, competency, financial management, financial, career, knowledge
White papers 2005-04-01
Competency-Based Socio-Economic Development
For the past three decades, the concept of competency-based management has received ever increasing attention in the business management literature. This attention assumes crucial proportions as the industrial base of many countries is supplanted by the "Knowledge economy" or "Post-Industrial Society." This paper describes the concept of competencies as defined...
Tags: Strategy, University of Virginia, competency, business management, knowledge, benefit
White papers 2004-07-08
Reap What You Know: Sow The Seeds of ISO 9001:2000 Success With Competency-Based Training
Training requirements are about to change dramatically for most organizations registered to ISO 9001. The change will be for the better, but it will not come without some planning and effort. ISO 9001:2000 now mandates that training be based on competency needs. This requirement goes far beyond that of the...
Tags: Workforce management, training and certification, TQM/Six Sigma/ISO 9000, ISO standards, Process improvement, QCI International, ISO 9001:2000, training, ISO 9001
White papers 2002-03-20
Project Management Competency: Practical Observations (Part I)
Nowadays project environment is dynamic, fast-paced and enormously complex. The need for new products and services requires companies to have execution capability that is fast, reliable and of high quality. This is driving executives to implement project management competency programs to deliver strategic projects. A consistent theme in the project...
Tags: Tools & Techniques, Strategy, project management, competency, environment
White papers 2003-12-22
Human Resource Competencies for the New Century
The company, Schoonover Associates, has completed a new human resource competency framework. This set of success factors, based on a study, updates the last HR competency work - "Human Resource Competencies for the Year 2000". The key findings of the study, including emerging trends in HR and new competency criteria,...
Tags: competency, Human Resources, Y2K
White papers 2003-12-11
Competency Management - Cutting through Complexity
At its most basic, competency management is a people asset audit. Anyone who embraces the principles of human capital management knows that the skills, knowledge, and experience contained within an organization constitute some of its key resources. In order to leverage them effectively, organizations need to have a comprehensive understanding...
Tags: human capital, succession planning, human capital management, workforce, audit, knowledge
White papers 2003-09-01
Competency-Based Human Resources Management
The application of the competencies approach comprises the traditional areas of human talent management at the organization: selection, remuneration, training, assessment and promotion. Several experiences of applications of standardized competency systems have taken place in England, Ireland, Scotland and Australia. These experiences are framed within national systems of training and...
Tags: Workforce management, training and certification, training, talent management, talent
White papers 2004-12-28
Lessons Learned in Building a Competency-Based Approach to Career Development
Many organizations today are exploring new standards for how to select, develop, position, and reward their talent. Those who determine that a competency-based career development process is right for them quickly realize the difficulty of changing old habits. Clearly defining roles, responsibilities, and career tracks is only one step in...
Tags: Professional development, training and certification, Aon Consulting, career development, competency, career, talent, strategy
White papers 2002-09-01
Transformation as an Organizational Competency
This article suggests certain things like visionary leadership, wall-to-wall authorship, accountability, and integrity turned transformation at Magma Copper into a key company competency. The article asserts that when all the people in an organization, from the CEO to the truck driver, share a common vision and commitment, the organization produces...
Tags: competency, accountability, vision
White papers
Theoretical Substantiation of Human Resource Management From the Perspective of Work and Organizational Psychology
In the article it is tried to substantiate further developments in human resource management with reference to the competency approach in work and organizational psychology. First the objectives of scientific and applied research in work and organizational psychology are lined out. Then the competency approach is discussed as a helpful...
Tags: Human resource management (HRM), Organizational structure, competency, HRM, psychology, Human Resources, modeling, theory
White papers 2004-04-24
Stress Management Interventions in the Workplace
This article is about a client-centred approach, which throws up a wide range possible interventions in which the consultant needs competency in a variety of different areas to undertake effective assignments. It also includes various behavioural techniques recognised competency in cognitive. Inevitably clients tend to resist organisationally-orientated interventions and this...
Tags: competency, stress management, workplace, technique
White papers 2003-01-01
Transforming Human Resource Organizations : A Field Study of Future Competency Requirements
As human resource organizations transform, staff competency requirements alter significantly. The question is: to what? The present study attempts to answer this question using data gathered from knowledgeable observers within a single firm and employing a unique future-oriented, role focused methodology. The results suggest a competency model with three parts:...
Tags: Cornell University, Human Resources, competency, core competency
White papers
The Map Is Not the Terrain: The Future of Leadership Competencies
This paper indicates how the competency approach to leadership and management could be conceived of as a repeating refrain. It continues to offer an illusory promise to rationalise and simplify the processes of selecting, recruiting and developing leaders yet only reflects a fragment of the complexity that is leadership. Taken...
Tags: Competency, Leadership, Management
White papers 2004-12-16
Employee Wage Rates and Compensation Packages on Kansas Farms
This publication summarizes a survey of a subset of Kansas Farm Management Association members conducted during the fall of 2001. Included in the study were farm owners, managers, and farm-employed family members. It conclude that both cash wages and total compensation cash wages plus benefits tend to increase as...
Tags: Benefits, payroll solutions, salary, compensation, benefit, survey
White papers
Competency Management: Reasonable Expectations, Strategic Considerations And Success Factors
Competency management goes to the very core of the organization; instilling competence and contribution as the culture's value-set. It can empower the individual and provide vital work force decision support to management. But implementing this process takes some care and planning. Done well, it is a powerful business process that...
Tags: SkillSoft, decision support, business process
White papers 2006-03-01
Leadership Architect Competency Elaboration
This paper tells about the domain of competency which organizes all the others and gives them dynamic force is leadership. An architecture team without leadership goes nowhere. It thrashes and diverges. One has seen this too many times. A leader is required to infuse the team with a common vision,...
Tags: Team management, Bredemeyer Consulting, leadership, team, leader, vision
White papers 2002-10-21
Core Competency Analysis
Core competencies are a set of unique internal skills processes and systems that provide competitive advantage in the market. A good way to think of core competency analysis is to list the values of both product and services from the point of manufacturer or distribution to consumption. It provides an...
Tags: Strategy, Business Development Index Ltd. Inc., core competency, analysis, competitive advantage, benefit
White papers 2002-06-01
Workplace Disability Conflict Management
Dispute resolution skills are now a required competency for a wide range of jobs, many outside of the human resources department. Managers and employees are to welcome people with disabilities into the workplace and to address disability accommodation effectively, they will they will need knowledge of disability, along with conflict...
Tags: Recruitment & Selection, Resourceful Internet Solutions Inc., disability, workplace, accommodation, Human Resources, knowledge, job
White papers 2006-10-01
Leadership Competency Depends On Core Emotional Skills
This paper explains points which are concerned with emotional intelligence and leadership such as competency mapping, change management, creating safety, making supportable decisions, inspiration for change. In the "Chaos" of fast-paced, significant change leaders must face the unknown, deal with paradox, be out of control and deal with normal human...
Tags: competency, leadership, emotional intelligence, change management, leader
White papers 2006-05-10
Business Process Management Is A Journey That's Better With A Guide
Global organizations are rapidly adopting Business Process Management BPM concepts to realize their process performance goals and become process-driven to achieve greater agility, efficiency and productivity. Embarking on this journey takes teamwork and discipline that can be guided by a BPM Competency Center. Software AG offers a BPM Competency Center...
Tags: Operational planning, Business process automation, Strategy, Software AG, BPM, business process, teamwork, performance
White papers 2006-03-01
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