A Study on Competency Mapping in Organizations

Abstract

In today’s fast moving business world, in order to remain competitive firms
should identify the skills and competencies required for tomorrow’s industry leaders.
Organizational success earlier depended on physical and financial assets but today’s
success solely rely on intangible ability and capability that lie in the human capital which
are manifested in the form of competencies. This research discusses about competency
based human resource practices and also about the overall competency level of firms. A
few firms were selected for this purpose; survey was conducted among the executives and
non-executives. It was concluded from the findings that competencies is the key behavior
of success and hence firms encourage Innovations and Scientific ways of doing things
among competent people