A competency framework effectively defines role responsibilities and required organizational behaviours.
A competency is a set of skills, knowledge, abilities, attributes, experience, personality traits and motivators which has a predictive value towards an individual effectively performing in a job. A Competency Framework is required for Core & Technical Competency.
Core competencies are key abilities or strengths that a company has developed that give it a competitive advantage over its peers and contribute to its long-term success.
Technical competencies are the abilities and knowledge needed to perform specific tasks. They are practical and often relate to mechanical, information technology, mathematical, industry-specific process or scientific tasks.
The competency framework is an effective method to assess, maintain and monitor the knowledge, skills and attributes of people in your organization. The framework allows you to effectively measure your team members' current competency levels ensuring that they have the expertise needed to add value to the business. This framework is also the foundation for planning the development of team members in a given role.