A Step-by-step Guide to Competency Profiling
Competency profiling has become more important than ever in recent times. It refers to the process of defining, identifying, and assessing the competencies that can lead to better performance of employees. Competency profiling can provide your business with several benefits. It can improve your hiring and selection process, enhance interviewing practices, and help with your employee development programs.
Want to get started with competency profiling? If yes, knowing the steps involved is important. The vital steps are listed below.
- Define Organisational Goals
The first step is to clearly define what you are trying to achieve through competency profiling. It can support a variety of organisational goals like enhancing job performance, recruitment, employee development, succession planning, and more. So, having a clear goal in mind can help you create competency profiles better.
- Include Important Stakeholders
When you want to create a competency profile, it is important to include important stakeholders who can contribute significantly to the process. The best practice is to include an HR manager, a line manager, an incumbent, and a subordinate. Each of the stakeholders can provide valuable input and help in determining relevant competencies.
- Create a Competency Shortlist
In this step, you need to think and list down all the potential competencies essential for the development of the employees. It may be quite tempting to create a long list of competencies. However, measuring the competencies can be tough in the long run. So, make sure to select only the competencies that are measurable and relevant.
- Leverage the Competency Profile for Recruitment and Development
Now that you have created a list of essential competencies, it is time to use them in the hiring process and for the development of employees. The competency profile can also help in skill gap analysis. It allows you to measure the inherent potential of the employees and accordingly plan strategies for enhancing their performance.
Competency profiling has become vital for every organisation, irrespective of size and industry. Want assistance with competency profiling or skills taxonomy? If yes, It’s Your Skills that can help. Connect with professional experts and discuss your specific requirements for increased productivity of the employees.