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Understanding Competencies and Competency Modeling A ...
IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. Volume 16, Issue 1. Ver. I (Jan. 2014), PP 14-22 14 | Page Understanding Competencies and Competency Modeling A Literature Survey Vikram Singh Chouhan & Sandeep Srivastava Abstract: In a knowledge-based economy, the success of organizations depends mostly on the quality of their human resource. Organizations rely on their competent employees as a main resource. The performance of organizations depends not only on the workforce Competency , but also on their evaluation and development on an ongoing basis to meet the global competition. For obvious economic and business reasons, organizations have always been concerned about the competence of its people. In the modern world, characterized by rapid and dramatic change, the attainment of competence has become an integral component of individual and organizational strategies.
Understanding Competencies and Competency Modeling ― A Literature Survey www.iosrjournals.org 16 | Page capacity of transfer skills and abilities from one area to another‖.
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