WHAT IS
Competency Management Software?
To explain the concept of competency management in more detail, the definition just given will be elaborated on in the following paragraphs. Also, read the following article on the difference between skills and competency management:
Competency Management consists of the terms Competence and Management. The term competence is defined very differently in the literature. But in summary, competence means being fit, capable, or qualified to do something. It is a collection of knowledge, skills, and abilities defined according to norms, attitudes, and values.
In an institutional context, management means the leading person or group of people who perform administrative functions in a company. These functions include, but are not limited to, setting organizational goals, devising strategies to achieve those goals, organizing and coordinating factors of production, and mentoring people.
In summary, Competence Management can be assigned to Strategic Human Resource Management as it pursues the goal of providing the skills needed to implement a strategy in the right place at the right time.