WHAT IS
Competency Management System?
A Competency Management System is a framework that helps businesses identify, assess, and develop the skills and competencies of their workforce to align with organizational goals. It ensures employees possess the necessary expertise to meet current and future demands.
Competency Management Software works by systematically mapping out required competencies, evaluating employee performance, and providing targeted training and development programs to fill any gaps, thereby optimizing workforce potential and driving business success.
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.