Competency
Define Competency Standard
Employees are the most important asset of an organization.
A good talent management strategy is characterize by their emphasis on the differential management of the employees in the management of the organization talent.
The significance of talent inventory review are:
· To review and improve upon existing organization structure and talent management. Ensure optimal organizational structure that is able to design and implement strategies
· Identify key roles and people, invest in them, build capacity
· Assess Employee Engagement
· Talent review and analysis
Precise knowledge of talent data
A sound talent and leadership structure,
the formation of talent pipeline
Significantly shorten the vacancy period for the strategic position
Effective talent retention strategy,
with a 10% increase in key talent retention
Competency
Define Competency Standard
Assessment
Assess Current Status
Competency Assessment: 360 degree competency assessment
Evaluate KSA (Knowledge, Skills, Talent) and actual job performance
Evaluate individual competency indicators in the workplace for management competencies, service oriented jobs suitability, Sales and Influencing competencies, entrepreneurship, innovation, stress and adversity tolerance, etc.
Plan
Promote Actions
1)Provide a clear view of the existing talent structure (roles and responsibilities) and the capabilities and its corresponding deficiencies.
2)Give recommendations: report to senior executives on the findings of the survey and analyses. Provide a reference for high-level personnel decision-making, to arrive at a consensus for building talent.
3)Help development: Based on the inventory results to develop competency training and talent management plans, create talents pool for succession and career development plan. Help HR establish talent management programs that are tied closely with the organization strategy and the company values system.