The examples below of competencies may be used in various staff management functions like: ▪ Planning performance expectations. ▪ Determining training and development needs. ▪ Establishing recruitment and selection criteria.
The competencies are grouped together under categories. Each competency includes a title, a general definition, and several measurable or observable performance statements.
This list is useful as a reference, but is not all-inclusive. The performance statements listed are to be used to generate thought about how the competency is displayed when performed well on the job. The competency descriptions are intended to be tailored to individual positions.
Position-specific competencies are best determined through a job analysis process. Supervisors should talk with their HR office to receive specific direction around competency identification.
|Competency Group – Communication |
|Competency Title |Description |Performance |
| | |statements |
|Listening |Understands and learns from what others say. |Examples |
|Reading Comprehension |Grasps the meaning of information written in English, and applies it to work |Examples |
| |situations. | |
|Speaking |Conveys ideas and facts orally using language the audience will best |Examples |
| |understand. | |
|Writing |Conveys ideas and facts in writing using language the reader will best |Examples |
| |understand. | |
|Competency Group - Cognition |
|Competency Title |Description |Performance |
| | |statements |
|Analysis/Reasoning |Examines data to grasp issues, draw conclusions, and solve problems. |Examples |
|Creative & Innovative Thinking|Develops fresh ideas that provide solutions to all types of workplace |Examples |
| |challenges. | |
|Decision Making & Judgment |Makes timely, informed decisions that take into account the facts, goals, |Examples |
| |constraints, and risks. | |
|Mathematical Reasoning |Uses mathematical techniques to calculate data or solve practical problems. |Examples |
|Problem Solving |Resolves difficult or complicated challenges. |Examples |
|Researching Information |Identifies, collects, and organizes data for analysis and decision-making. |Examples |
|Competency Group – Personal Effectiveness |
|Competency Title |Description |Performance
hardware student performance for the financial year 2013 and 2012 has been generated and critically analyzed for the purpose of this report. Literature briefing has been described on the sources of finance available to an organization. Advantages and disadvantages of the sources available is discussed further to find out whether that particular finance is correct or not. Income statement and a statement of financial position were extracted from the data provided. Financial calculation of company regarding…
Business Studies Study Notes The Financial Role of Management - Business Goals and Objectives - Businesses purposes for existing are translated in to goals → could include increasing dividends to shareholders, be environmentally friendly, Goals are the longer term outcomes of a businessesMain purpose is usually to maximise profits → can only achieve this if it has strategically planned how it will achieve this. Goals/purposes/mission → business objectives → strategic planning…
Processes of Financial Management Planning and implementing Financial planning is essential if a business is to achieve its goals. Financial planning determines how a business’s goals will be achieved. The financial planning process begins with long-term or strategic financial plans. Long-term plans include a business’s planned capital expenditure and/or planned investments. Capital expenditure is what is spent on a business’s non-current or fixed assets. It is used to generate revenue and ultimately…
1: 1. Identify and describe the various sources of finance 1.1 Internal source 1.2 External sources 2. Assess the implication of the difference sources of finance related to risk, legal, financial and dilution of control and bankruptcy 2.1 Issue debt 2.2 Issue equity 3. Select appropriate sources of finance and make recommendations on the best ways of raising finance TASK 2: Part 1: Assess and compare various costs involve with each source of finance to Vale filters Limited Part 2:…
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standard-setting process, the authoritative sources of accounting information, the objectives of financial reporting and their role in the economy, and the role of ethics in financial reporting. Standard setting process According to Schroeder, Clark, and Cathey (2011), the guidance and education of the public, including issuers, auditors, and users of financial information is the part of FASB’s mission is to establish and improve standards of financial accounting and reporting. The mission…
A number of promising alternative energy sources have been developed and implemented in recent years. Making effective use of these energy sources, however, can present numerous challenges for small to medium enterprises (SMEs). Outline the benefits of these alternative energy sources and discuss how SMEs can overcome the challenges and take advantage of these benefits. Overcoming the challenges of alternative energy for small to medium enterprise As the world’s consumption of fossil fuel energy…
points can influence the financial needs of a business. First of all the size of the business, is a crucial impact to the state of the financial side of the business. A small business, would obviously mean less costs , whereas a huge business would mean more due to the size. Future plans for growth and development , strongly contribute to the financial needs of a business as to grow you need to expand and in order to expand you need to spend money. 2. Outline why financial statements are necessary…
