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A competency model can be a powerful tool for HR and organizations to ensure employees have the right skills and knowledge to meet business goals. It can enable you to address skills gaps, improve hiring decisions, and support employee development.
This article discusses the key benefits of an effective competency model, the different types, and how to develop and implement one in your organization.
Contents
What is a competency model?
When do you need a competency model?
The benefits of a competency model
5 types of competency models
Examples of competency models
7 steps to develop and implement a competency model
Best practices for maintaining and updating competency models