Competency Management As A Tool Of Talent Management Case Study

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1. Introduction
In the present competitive business world, the human capital has become the most important resource. Thus it is necessary to understand various tools of proper management of human resources. Competency mapping, which is yet unexplored in India, is one of the best HR tools which leads in most adequate recruitment, and selection of an employee. Thus, to have the in depth knowledge of competency mapping, the study is done. And apart from that, it is also necessary to find its importance and applications in an organisation. Future of the organisation is relying more on their competent employees than success of an organisation. Competencies are the inner tools for motivating employees , directing systems and guide the business towards its goals , so that organisation can increase its value. Competencies provide common language and method that can integrate all the functions of HR like recruitment, Training, Performance management, Remuneration, Performance appraisal, Career & Succession planning and integrated human management system.

1.1 What is Competency?
Competencies are a combination of Knowledge, skills and attitudes required to do a job successfully. It refers to skills and knowledge that leads to superior performance. It provides a framework for …show more content…

Competency mapping is used as a tool of talent management which is sound and integrated human resource practices. The objective of this is to attract and retain the right individuals for the right positions at the right time. This gives competitive advantage for organization in the form of superior talent and managing it properly. The individual equip themselves with knowledge, skills, and competencies to be talented resource and perform in such a way that their talent is

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