Components of competency based management

HR infographics "Components of competency based management" was redesigned from the Wikipedia file: Competency-circle.jpg. [en.wikipedia.org/ wiki/ File:Competency-circle.jpg]
This file is licensed under the Creative Commons Attribution-ShareAlike 3.0 License. [creativecommons.org/ licenses/ by-sa/ 3.0/ ]
"Competency-based human resources planning serves as a link between human resources management and the overall strategic plan of an organization. Competencies are defined as observable abilities, skills, knowledge, motivations or traits defined in terms of the behaviours needed for successful job performance.
Competency-based management supports the integration of human resources planning with business planning by allowing organizations to assess the current human resource capacity based on their competencies against the capacity needed to achieve the vision, mission and business goals of the organization. Targeted human resource strategies, plans and programs to address gaps (e.g., hiring and staffing; learning; career development; succession management; etc.) are then designed, developed and implemented to close the gaps." [Competency-based management. Wikipedia]
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