What is strategic competence management?
In today’s post, we give a brief introduction on what is strategic competence management. As we might already know, human capital competencies are at the center of the operations and profitability of knowledge-based organisations. This boils down the the skill-sets, knowledge and experiences of each and every employee in the organisation.
Strategic competence management thus describes the alignment of human capital management initiatives with desired business outcomes. Competence management plays a strategic role in achieving corporate goals through a set of applications and processes that enable companies to better measure, manage, and optimise employee performance.
With these facts and analysis data, business intelligence is generated which can be used for improved decision making at the enterprise level. These days, HR is no longer just an administrative arm of the effective organisation; instead HR initiatives are being tied to the strategic decisions and goals of an organisation.
Contact us to find out more about how strategic management can help your organisation!
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