Effect of Integrated Competency Management and Human Resource Development at the Level of Efficiency of Workforce
The successful running of an establishment is only dependent on trust and competence infused in its employees. In this context, competence management has a key function to take part in with the business front of any establishment. For the viability of any
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Abstract The successful running of an establishment is only dependent on trust and competence infused in its employees. In this context, competence management has a key function to take part in with the business front of any establishment. For the viability of any organization, the latter as the ultimate responsibility to pour in enough confidence and competence among these employees going on various sections of the institutions might finally contribute to success of the organization in the business field. The operational and behavioral facets of employees have to be satisfied by implementing competency management by providing training and updating their skills. Human resource policies and practices as well as competencies of human resource play a tangible role to reap competitive advantage in the field. The concept of competency is a vital organ of human resource management presenting a groundwork to analyze workforce practices and bring them near to the management attention in the organization. This report discusses an innovative, vibrant and proactive approach to the consolidation of human resource development, competency management and knowledge management to attain the best execution for an efficient organization’s business performance in combination with strategic business needs at the right direction for its winner. Further, it may also form one of the success factors for the organization by contemplating enhancement of a workforce sufficiently through the development of human resources and management of competencies. Keywords Competency management · Human resource management · Knowledge management · Integration
T. Madhavi (B) · R. Mehrotra School of Business and Management, Jaipur National University, Jaipur, Rajasthan 302017, India e-mail: [email protected] R. Mehrotra e-mail: [email protected] © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2021 V. Nath and J. K. Mandal (eds.), Proceedings of the Fourth International Conference on Microelectronics, Computing and Communication Systems, Lecture Notes in Electrical Engineering 673, https://doi.org/10.1007/978-981-15-5546-6_41
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1 Introduction In the present world class, business has emerged on account of trade, the principle of service oriented and commercial organization with the concept of gaining ground faster in the world trade and in the development of updated technology. Unlike a business trend prevailed upon in the market two decades ago, the present-day business management has been looking forward for short-term earnings and thus becomes more flexible, efficient and customer friendly. In their attempt to implement modern technology, they are in one away, setting apart their workforce [1]. Nohria et al. [2] have surveyed over two hundred companies at a span of ten years and made viable suggestions for their successful survival. They have noticed that they do possess aligned culture, implementing plans successfully and have concent
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