This white paper examines how to use a competency-based approach to build behaviors, skills, and knowledge. It explains how to integrate competencies into all phases of talent management to onboard, review, develop, motivate, and retain employees. It also shows the valuable contribution competencies can make in managing change and defusing turf battles that arise during downsizings, consolidations, and business reengineering.
it global project management
own best career path. It also enables the business to make more strategic decisions in areas not traditionally associated with talent management, such as cost-cutting or business reorganization. To leverage maximum ROI, this competency compass should be built into an integrated talent management system so that competencies can automatically be updated and applied to guide learning, performance, compensation, and succession planning. Appendix A Checklist for Choosing a Competency-based Talent