Competency model as a tool of valuation of management capability

Juraj Misun

MPRA Paper from University Library of Munich, Germany

Abstract: In the current business environment of constant change and turmoil occurs between businesses rivalry, which has an impact on their actual success and prosperity. Successful companies put primary emphasis on the quality of their managers’ defined competencies. Competencies are becoming a key building element for the success of these businesses. Businesses regardless of their size, legal form of business and branch, in which they operate, are highlighting the importance of competency models and their usage. Competency model in corporate practice is an instrument of valuation of the managerial competence, which contributes to the development of managerial competences and to creating and sustaining of competitive advantage in business. The aim of this paper is a comparison of the views of domestic and foreign authors on managerial competence perused through domestic and foreign literature. Based on the study of knowledge from literary sources we point out the nature of managerial competence. At the different kinds of competences as a valuation tool of managerial capability is highlighted the essence of the competency model, which in some way contributes to the improvement and refinement of management processes in companies. With the joining of several competences for a managerial position in the managerial triangle for a purpose we are talking about competency models in holistic management. With combining of several competences for a managerial position in the managerial triangle for a purpose we are talking about competency models in holistic management. We put the accent on different approaches and competency models from the view of several authors. The paper is a benefit in many of the recommendations and proposals for corporate and business practices that contribute to the creation, development and maintenance of the competitive advantages of the company owned by the company or in the future may become the owner.

Keywords: Managerial competences; competency model; managerial capability; managerial competence valuation. (search for similar items in EconPapers)
JEL-codes: M54 M59 (search for similar items in EconPapers)
Date: 2013
References: View complete reference list from CitEc
Citations:

Published in 9th EBES Conference Proceedings - Rome, Italy : january, 11 - 13, 2013. (2013): pp. 1047-1061

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/54275/1/MPRA_paper_54275.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:54275

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().