Skills and Competencies: What is the Difference?

Skills and Competencies: What is the Difference?

READ TIME: 3 minutes. Nearly every day, we hear business people discuss the “skills” and “competencies” their employees need to succeed. The two terms are used together so often that many people think of them as synonyms.  Are they the same?...
Inadequate Competency Model Hazards and How to Avoid Them

Inadequate Competency Model Hazards and How to Avoid Them

READ TIME: 4 minutes. When developed correctly, competency models enable organizations to close skill gaps, increase employee engagement and retention, guide succession planning, and more. However, a poorly developed competency model may not yield desired results. In...
The Pros and Cons of Six Different Competency Models

The Pros and Cons of Six Different Competency Models

READ TIME: 6 minutes. Can’t decide which competency model to use? Making decisions is not always easy. An inordinate amount of time deciding between equally attractive options can drain you of your time and energy, which is why we often follow certain best practices...