Benefits of Global Competency Models

 
Competency models have strategic value to improve global performance of the companies. The benefits of global competencies are as follows:

1. They make explicit the knowledge. Behavioral skills and personal attributes of employees that lead to high performance in specific hobs.

2. They include core values of a business, help in communication of these values throughout the organization and shape and align the business culture to maintain it’s identify across the world.

3. The help employees understand the requirements of the global economy, like the need for strong technical skills and strong relationship skills.

4. They are behavior-bases performance standards against which performance of performance of people and units is measure. They provide behavior  vision for the performance required to implement worldwide business strategies successfully.

5. They enable decision- makers to wisely select, develop, deploy, align, and evaluate people in the global context.  

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