Month: December 2015

Leadership Competencies

Exforsys
Leadership role in any organization is vital to its success. Managers can be leaders but not every manager is a leader. A leader must be able to create a vision, influence others, and bring out the best in their people. With leadership, one can initiate action among his people. He can motivate everyone to keep going, with or without the help of rewards. Additionally, leadership enables a person to provide guidance to others so that work can be done effectively and efficiently, and such guidance is given through coaching and… Read More

Competency Assessment

Exforsys
For an individual to know his strengths and weaknesses, it is imperative to conduct a self-assessment. The process involves answering a set of questions specifically designed to help individuals discover what characteristics and abilities they possess that can help them succeed in their endeavors. On the other hand, managers should assess their employees’ level of competency in order to appraise their performance as well as to help them develop and excel in their career. More often than not, competency assessments are done only to check whether a particular individual has… Read More

Competency Framework

Exforsys
A competency framework is a method by which an organization can accurately assess the knowledge, skills, and attitudes (KSA) of their employees. In addition, it also helps maintain and keep track of these competencies; a tool to measure competency levels to ensure that everyone makes significant contributions to the organization by performing in a superior manner. With a competency framework, recruitment officers will be able to effectively hire the ideal candidate they need for their company; managers will be able to make sound decisions in managing their employees; and employees… Read More

Competency and Competence

Exforsys
Competency and competence have often been used interchangeably. Moreover, people often think that competency and competence are one and the same however this is a misconception. What a lot of people fail to realize is that these are two different concepts and cannot be used to take the other’s place. To understand this better, definitions of each are given below. Competency (pl. competencies) refers to the characteristics of a person; these may be observable or non-observable. Such characteristics are behavior-based, and are instrumental to helping a person perform his tasks… Read More

Types of Competency

Exforsys
There are many competencies that have been identified over the years, and these are divided into six types. Below are the basic definitions and examples of each Competency. The Six Types of Competencies Individual Competency– This type refers to a person’s own knowledge, skills, and attitudes (behavior) that contribute to effectiveness in performance, as well as in dealings with other people. Business Competency– This refers to the knowledge and skills required in a particular business or industry. Management Competency– This refers to a set of competencies that are applicable only… Read More

Introduction to Competency

Exforsys
In order to perform well in any job, an individual needs possess all necessary skill set and knowledge, as well as the personal attributes. Today’s Individuals have become fiercely competitive to succeed in their chosen fields, and are equipping themselves with the right attitude, knowledge, and skills. Understanding this reality will create awareness that to stay competitive you must have an edge over the others. For this reason, you need to develop certain competencies. Many often confuse competence and competency. Although used interchangeably, they are nonetheless different from each other.… Read More

Corporate Social Responsibility and Human Rights

Exforsys
Corporate social responsibility (CSR), as an increasing business practice, is understood to be a sense of obligation or responsibility from corporations not just on the economic aspect of business goals, but also to the social and environmental approaches. So, corporate social responsibility fulfills the “triple bottom line” of a business activity which consists of the economic, social, and environmental aspects. Since CSR deals with people in the society as well as individuals within the organization, human rights play an important role in the many CSR activities. The Relevance of Human… Read More

Corporate Social Responsibility Career Opportunities

Exforsys
Corporate social responsibility, otherwise known as CSR, is no longer just a popular concept and business practice in the business world but has also developed in the aspect of career opportunities. CSR defines the way companies behave and operate in social, environmental, and ethical frameworks. The development of substantial career opportunities for value-based professionals reflects the diversity of the field of CSR existing in both private and public sectors. However, unlike any typical job, CSR roles may not have specific designations or titles but the job description reflects CSR programs… Read More

Corporate Social Responsibility towards Suppliers and Creditors

Exforsys
When companies uphold corporate social responsibility (CSR), they are accountable to various internal and external stakeholders. Internal stakeholders may include the shareholders, employees, and management while external stakeholders are the consumers or the buying public, suppliers, creditors, competitors, and the local community or the society at large. Let us focus on how companies practice social responsibility towards its supplier and creditors since these players in the business aspect project important roles to the businesses. Who are the Suppliers and Creditors? It is uncommon to consider suppliers and creditors to be… Read More

Corporate Social Responsibility towards Stake Holders

Exforsys
We often hear the old belief that when it comes to dealing with business, we must be strictly business-like and no other things should get in the way. This means that profitability is the governing language in business. Although true, this perspective is no longer entirely applicable to all businesses because corporations have come to embrace the very essence of corporate social responsibility (CSR). Companies have learned to perform business in the interests of the larger community and in an ethical manner. Furthermore, observing corporate social responsibility also means being… Read More

Corporate Social Responsibility towards Society

Exforsys
Through business activities, companies interact with the society and create an impact on the said society where business is conducted. A company starts out employing people, or manpower, and begins the production of goods and services. The latter involves transaction with the local suppliers as well as the customers. Basically, this is the nature of interaction between businesses and the buying public. However, apart from this basic perspective, there are other various ways in which a company interacts with the society that may not directly relate to the mere buy… Read More

Corporate Social Responsibility towards Government

Exforsys
Businesses operate in communities that either directly or indirectly affect their transactions. Companies interact with the various sectors in the larger community and part of this is the government. So, in the perspective of corporate social responsibility or CSR, many people feel that the government sector must also play a role in the business activities. Since the government is responsible for regulating the laws and upholding the security of a state, it is just right to engage them in the aspect of social responsibility. The government is considered an external… Read More