A well developed competency framework is an organisation’s DNA code, in it are written the secrets of how it differentiates from others and how it will thrive or fail over time
The number one issue in the retention and management of highly talented people is to create appropriate clarity about the requirements of different job roles. A good competency framework provides a library of knowledge about how the business or Group plans the work it does; it combines individual job profiles and a library showing how values, culture and business disciplines are combined.
Who uses Omnicor’s Competency Frameworks?
Client: South African Nuclear Energy Corporation.
A competency framework provides the basis for selection, training and succession planning processes
Client: FirstRand financial services group
Is building an integrated human resources platform based on a deep understanding of roles and competencies.
Client: Investment Bank
Uses Omnicor’s competency framework approach to systemise the way it manages talent and creates attractive, functional roles
A working competency framework provides an instant reality check for people developing new roles, programmes and other initiatives – it shows with great clarity the degree to which the innovation complements or contradicts current practice and embedded values.
6 Reasons why a Competency Framework will change your organisation
1
Jobs and job families are structured to complement and not defeat each other
4
Organisational strategy becomes operational through an effective competency framework
2
The framework becomes a sanity-check to prevent the random creation of jobs and structures
5
Complex, organisation-wide strategic direction and ideals can be mapped to individual jobs in ways that make sense.
3
From managing performance to reward and remuneration, recruitment, selection and everything else in between, competency frameworks create sense
6
The competency framework provides line management with practical structures for taking appropriate responsibility for people-management
The Extra Edge: Additional Features and Highlights
Best practice methodologies
Omnicor’s software can houses the framework, keeping it usable and relevant