Competency Models Utilization in Industrial Enterprises

Abstract:

The paper focuses on the issues of managerial competencies and the competency model in industrial enterprises. This paper deals with the theory of knowledge processing and its role as a theoretical basis for knowledge development in the area of managerial competencies. Managerial competencies, however, are becoming one of the key building blocks in the success of companies in terms of achieving both their mission and vision in adding value and improving business performance, and especially in the enhancement of the development of their own employees. A managerial competency is more than just knowledge and skills. It involves the ability to meet complex demands, by drawing on and mobilising psychosocial resources in a particular context. While skills and knowledge are part of a manager's competency, that can be measured fairly easily, intangible assets like effective communication and teamwork, while essential, are harder to pin down and evaluate. In the following parts of this article the concept of the competency model has been explained. A competency model organizes the competencies needed to perform effectively in a particular work setting.

• Periodical: Advanced Materials Research (Volumes 655-657)
• Pages: 2226-2229
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.655-657.2226
• Online since: January 2013
• Authors: Katarína Krajčovičová, Dagmar Cagáňová, Milos Čambál
• Keywords: Competency Model, Industrial Enterprises, Managerial Competencies, Performance

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DOI: 10.1002/smj.4250040413