ATAR Notes: Forum
VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: shinny on September 15, 2008, 07:20:59 pm
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Can someone give a definition for 'competency'? I've seen it refer to the actual level to which an individual is meant to meet with respect to a particular skill in an organisation, but also referring to the actual level to which an individual currently has with respect to a particular skill. The second definition seems to fit more in line with the 'English' meaning of the word however...
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I'd say it could be both but I would agree slightly more with the second definition.
Competency: 'A skill or capacity that a manager or employee has in a given area as a result of natural ability, training and practice.'
So, management and employees need to be competent in the tasks that they undertake within the organisation.
Other useful terms relating to competency:
Competency-based assessment: Where employees are assessed on competencies (measureable skills) against industry benchmarks.
Competency-based training: Training as a result of a competency gap analysis that identifies the differencies between the competencies of the employee and the competencies required to do the job effectively.