Popularity of Competency Models

2021 ◽  
pp. 1-17
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Performance Management ◽  
Employee Development ◽  
Organizational Systems ◽  
Organizational Capability ◽  
Competency Models ◽  
Competency Based ◽  
Performance System ◽  
Use Of Knowledge

Competency models are prevalent within various industries in business. Their popularity is due to the value they add to employee development and organizational capability. The popularity of competency models and specifically competency-based approaches are covered in this chapter. Competence-based approaches and how businesses in the market use them for gaining and maintaining a competitive advantage are also covered. How competency-based approaches have evolved into a new area of performance management that allows businesses to integrate existing organizational systems into a single performance system where they make more use of knowledge and become knowledge management organizations through competency that is modeled in their business is also covered. The chapter sets the tone of the book.

scholarly journals Strategic management model with lens of knowledge management and competitive intelligence

2017 ◽  
Vol 47 (1) ◽  
pp. 55-93 ◽  
Author(s):  
Muhammad Shujahat ◽  
Saddam Hussain ◽  
Sammar Javed ◽  
Muhammad Imran Malik ◽  
Ramayah Thurasamy ◽  
...  
Keyword(s):  
Knowledge Management ◽  
Strategic Management ◽  
Competitive Advantage ◽  
Information Resources ◽  
Competitive Intelligence ◽  
Management Model ◽  
Management Process ◽  
Content Type ◽  
Use Of Knowledge ◽  
Strategic Management Process

Purpose The purpose of this study is primarily to discuss the synergic and separate use of knowledge and intelligence, via knowledge management and competitive intelligence, in each stage of strategic management process. Next, this paper aims to discuss the implications of each stage of strategic management process for knowledge management and competitive intelligence and vice versa. Design/methodology/approach A systematic literature review was performed within time frame of 2000-2016. Extracted information from reviewed studies was synthesized and integrated in strategic management model of Fred David. Findings A strategic management model with lens of knowledge management and competitive intelligence is proposed. Each stage of knowledge management process has implications for knowledge management and competitive intelligence and vice versa. In addition, synergic and separate use of knowledge and intelligence results in effective decision-making, leading to competitive advantage. Research limitations/implications Learning curve of knowledge management and competitive intelligence and being limited to the use of Fred David model are among the many key limitations. Practical implications Experts of knowledge management, competitive intelligence and strategic management can use this study to gain competitive advantage based on knowledge and information resources. Organizations should have knowledge management function and competitive intelligence to support the strategy formulation, implementation and evaluation. Social implications Readers can take a view for how they can manage their knowledge and information resources from a strategic perspective. Originality/value This study proposes a strategic management model with lens of knowledge management and competitive intelligence. The model discusses ways for synergic and separate use of knowledge and intelligence in each stage of strategic management, leading to competitive advantage. In addition, it discusses the holistic and integrated implications of knowledge management and competitive intelligence for each stage of strategic management process and vice versa.

Assessing Knowledge Management Needs

2011 ◽  
Vol 7 (3) ◽  
pp. 1-10 ◽  
Author(s):  
G. Scott Erickson ◽  
Helen N. Rothberg
Keyword(s):  
Knowledge Management ◽  
Financial Performance ◽  
Competitive Advantage ◽  
Knowledge Development ◽  
Management Techniques ◽  
Knowledge Strategies ◽  
Use Of Knowledge ◽  
Management Work

Most knowledge management work encourages practicing managers to pursue ever more knowledge development and sharing. There is an assumption that more knowledge always leads to greater competitive advantage and superior financial performance. Even though this may be the case, it is far from proven, and the application and use of knowledge management techniques may actually be more strategic, with optimal levels of effort and spending determined by differing circumstances. This study investigates these topics by assessing whether knowledge strategies might vary by industry, asset structure, and other potential variables.

Use of Knowledge Management for Competitive Advantage: The Case Study of Max Life Insurance

2016 ◽  
Vol 17 (2) ◽  
pp. 450-469 ◽  
Author(s):  
Himanshu Joshi ◽  
Jamal A. Farooquie ◽  
Deepak Chawla
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Life Insurance ◽  
Use Of Knowledge

scholarly journals Peranan Knowledge Management dalam Meningkatkan Keunggulan Kompetitif BTPN Syariah

2018 ◽  
Vol 1 (2) ◽  
pp. 43-49
Author(s):  
Anggiearanidipta Suma Muhammadsjah
Keyword(s):  
Knowledge Management ◽  
Human Resources ◽  
Competitive Advantage ◽  
Banking Market ◽  
Global Banking ◽  
The Creation ◽  
Use Of Knowledge

Knowledge has been recognized as the most difficult resource traded and imitated. The creation and use of knowledge needs to be managed at the level of individuals, groups, and companies. For the Bank itself, knowledge management is not organizing knowledge of their human resources as assets, but also as a key competitive advantage amid the global banking market. This paper discusses how knowledge management will be very beneficial for the BTPN Sharia to maintain a competitive advantage. Pengetahuan sudah diakui sebagai sumber daya yang paling sulit diperdagangkan dan ditiru. Penciptaan dan penggunaan pengetahuan perlu dikelola dengan baik pada level individu, kelompok, maupun perusahaan. Bagi BTPN Syariah sendiri, manajemen pengetahuan bukan hanya sekedar mengatur pengetahuan sumber daya manusianya sebagai asset, tetapi juga sebagai kunci keunggulan kompetitif ditengah pasar global dunia perbankan. Paper ini membahas bagaimana manajemen pengetahuan akan sangat bermanfaat bagi BTPN Syariah untuk menjaga keunggulan kompetitif.

Factors Influencing Effective Knowledge Transfer in Organizations

2018 ◽  
pp. 271-292
Author(s):  
Ömer Faruk Gürcan ◽  
Çiğdem Altın Gümüşsoy
Keyword(s):  
Information Technology ◽  
Knowledge Management ◽  
Knowledge Transfer ◽  
Literature Review ◽  
Competitive Advantage ◽  
Individual Group ◽  
Factors Influencing ◽  
Or Organization ◽  
Use Of Knowledge ◽  
Day By Day

Today, advances in information technology have increased the importance of knowledge day by day. Possessing knowledge and managing knowledge effectively are very important for firms to gain competitive advantage in rapidly changing environment conditions. Knowledge management helps to a firm to achieve its organizational objectives by making the best use of knowledge. It includes many processes. Knowledge transfer as one of the important processes in knowledge management, is defined as the transfer or dissemination of knowledge from one individual, group or organization to another. Effective knowledge transfer has many benefits to the firms. It increases the benefits that firms gain from knowledge. This study examines 11 factors based on literature review. Determining the factors influencing knowledge transfer will lead to a better understanding of the process and these factors can be used in other researches.

Assessing Knowledge Management Needs

2013 ◽  
pp. 180-189
Author(s):  
G. Scott Erickson ◽  
Helen N. Rothberg
Keyword(s):  
Knowledge Management ◽  
Financial Performance ◽  
Competitive Advantage ◽  
Knowledge Development ◽  
Management Techniques ◽  
Knowledge Strategies ◽  
Use Of Knowledge ◽  
Management Work

Most knowledge management work encourages practicing managers to pursue ever more knowledge development and sharing. There is an assumption that more knowledge always leads to greater competitive advantage and superior financial performance. Even though this may be the case, it is far from proven, and the application and use of knowledge management techniques may actually be more strategic, with optimal levels of effort and spending determined by differing circumstances. This study investigates these topics by assessing whether knowledge strategies might vary by industry, asset structure, and other potential variables.

scholarly journals   Methodology for the identification of managerial competencies in knowledge-based organizations

2012 ◽  
Vol 58 (No. 8) ◽  
pp. 347-353 ◽  
Author(s):  
M. Königová ◽  
J. Hron
Keyword(s):  
Competitive Advantage ◽  
The Czech Republic ◽  
Managerial Competencies ◽  
Knowledge Based ◽  
Efficient Management ◽  
Theoretical Approaches ◽  
Competency Models ◽  
Key Factor ◽  
Competency Based ◽  
The Individual

In the current entrepreneurial environment characterised by the dynamic development and changes, organizations have to promote the development of their employees in order to achieve a competitive advantage. Therefore, the personality of a manager who is a holder of specific knowledge, abilities, skills, traits, motives, attitudes and values becomes increasingly important as it is the main source for gaining a competitive advantage. Managerial competencies, i.e. the individual characteristic necessary to reach the required level of a manager’s performance, together with an efficient management thus become the key factor of success. The article focuses on the identification of managerial competencies in knowledge-based organizations in the Czech Republic. The first part of the article focuses on the theoretical approaches to managerial competencies, competency models and knowledge-based organizations. The second part of the article deals with the proposed methodology for the identification of managerial competencies. The final part summarizes the benefits and difficulties of applying the competency-based approach as a tool of the efficient management of organizations for the purpose of achieving a competitive advantage. The utilization of managerial competencies to achieve competitive advantage is important in all fields including the economics and management of agriculture and other similar fields.  

scholarly journals An Examination and Critique of the Use of Knowledge Management in Achieving and Sustaining Competitive Advantage in Business

2017 ◽  
Vol 4 (1) ◽  
pp. 14
Author(s):  
Colin Ting Si Xue
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Airline Industry ◽  
Competitive Environment ◽  
Management Systems ◽  
Competitive Advantages ◽  
Know How ◽  
Sustainable Competitive Advantages ◽  
Applied Knowledge ◽  
Use Of Knowledge

Today Knowledge Management and innovation have become factors for success. Organizations must compete in such complex and competitive environment in order to stay competitive. The organizations must know how to implement and distribute knowledge in the organizational process in order to achieve a sustainable competitive advantages. The organizations have invested heavily in building Knowledge Management Systems. Knowledge Management is essentially important especially in airline industry. In order to prove the previous statement, an airline industry – British Airways has been chosen to show how the industry has applied and used Knowledge Management in managing their business. British Airways has applied Knowledge Management in strategic planning, communication and customer experience.

scholarly journals Knowledge Management in Intelligent Organizations

2019 ◽  
Vol 1 (1) ◽  
pp. 1012-1019
Author(s):  
Beata Skowron-Grabowska ◽  
Tomasz Szczepanik ◽  
Petr Besta
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Knowledge Sharing ◽  
Modern Concept ◽  
Use Of Knowledge ◽  
Intelligent Organizations

AbstractThe aim of the paper was to present the specificity of knowledge management in courier companies as an example of intelligent organizations. Knowledge management is a modern concept that emphasizes using the most valuable resources of enterprises such as employees and it offers conditions for development of knowledge, sharing it, and thinking creatively. The paper presents courier companies as an example of intelligent organizations that use knowledge management in the implementation of courier services. The article presents the results of a survey that identified the use of knowledge in courier companies and analysed the factors that made the surveyed companies become intelligent organizations. The solutions implemented in enterprises that influenced the emergence of a competitive advantage were evaluated. Furthermore, the benefits achieved by the companies surveyed due to knowledge management and the growth of their intelligence were analysed.

Competency Model for Managers in Client-Oriented Economy

2015 ◽  
Vol 4 (2) ◽  
pp. 24-30 ◽  
Author(s):  
Пуляева ◽  
Valentina Pulyaeva
Keyword(s):  
Knowledge Management ◽  
Resource Management ◽  
Human Resource Management ◽  
Human Resource ◽  
Competency Model ◽  
Modern Theory ◽  
Goods And Services ◽  
Stage Of Development ◽  
Competency Models ◽  
Competency Based

Current stage of development of economy and society is characterized by general customization, increasing role of consumers and their needs;and today only those companies can lead the global fi erce competition which have unique intellectual resources. First of all, these resources include personnel competence. In this regard, the modern theory of human resource management actively developsthe competency-based approach. However, the existing competency models do not take into account all aspects of modern management and economy intellectualization, among which knowledge management has a special place due to the dependence of quality of goods and services on managers’ skills; hence the competitiveness of the business as a whole depends on the knowledge of managers at various levels. This paper deals with the implementation of the principles of modern client-oriented management andoff ers the competency model for managers developed by the author.The model meets the requirements of the new economy, in which the key role is played by professional knowledge and skills of employees in the production of quality goods and services. This model is based on existing and proven developments in the fi eld of human resource management.The author based the model on ”20 faces” model of manager’s competencies, but redesigned it completely, supplemented, extended and specifi ed levels of development for each of the features in this model. The proposed model can be an eff ective tool for human resource management and knowledge management in the transition to the production of goods and services with high consumer value.

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