June 2025 Edition - Topic: Competency Management
Dear valued readers,
This month we delve into a crucial component of effective human capital management: Competency - how organizations can effectively define, assess, and develop the competencies needed to drive performance and achieve strategic goals.
First, we'll provide a framework for HR Competency Model Analysis. We’ll explore the key elements of a robust competency model, including defining core competencies, identifying proficiency levels, and aligning competencies with job roles and organizational objectives. This analysis will provide a practical guide for organizations seeking to develop or refine their own competency frameworks.
Furthermore, we’ll draw on insights from David Rock's work in HBR, emphasizing the importance of clearly communicating expectations to employees. We'll explore how providing clear and specific targets – essentially, telling employees what you want them to strive for – can significantly enhance motivation, engagement, and ultimately, performance.
We encourage you to share your experiences and best practices in competency management within your organizations. Let’s explore together how a strategic approach to competencies can drive individual and organizational growth!
Wishing you a prosperous month ahead!
Warm regards,
ITD World Vietnam Team
* You can download this month's issue via this link.