Why Competency Projects Fail (And How to Avoid It)
Summary
When used as a framework to focus individual, team, and company skills on what matters most, a well-honed competency program will make an organization stand out. By supporting smart decisions around recruiting, developing, engaging, and retaining employees, a competency program can create a competitive edge. As a competency-first approach has moved from novel idea to mission-critical business strategy, organizations have – with varying degrees of success – put competency programs into place. Using competencies to assess talent informs recruiting and hiring decisions, guides learning and development plans, and shapes future leaders as individuals grow and as the climate in which they operate continues to evolve. “Learning to celebrate success is a key component of learning how to win in the market.” – Douglas Conant, former President and CEO, Campbell Soup Company Any enterprise project has many moving parts.