[offshore_accordion][offshore_accordion_panel title=”Competency Definition” open=”yes”]It is the ability to identify the company’s key factors that are contributing to its successes and failures. It is the ability to formulate activities based on these on a long-term basis. It also means having knowledge and understanding of competitors, substitutes for the products, existing as well as potential customers, economic conditions, and of in-house existing processes and systems.[/offshore_accordion_panel][offshore_accordion_panel title=”Behavioural Indicators”]
Has a good understanding of all the functions in the organization |
Deploys different goals based on conditions |
Able to anticipate possible events |
Analyses the organization’s and products strengths and weaknesses |
Forms and sustains local networks and guilds |
Understands cost implications for deployment of strategy |
Conveys to top executives about the implications of adopting a new way of doing things |
Makes suggestions as to how the impediments could be removed. |
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Level 5 |
Goes beyond received wisdom to develop transformational value-maximizing strategies. Understands and identifies the best way to make things happen in complex organizational and market environment. Seeks more information on market and gives implications of adopting a particular strategy at the organization level. Has a clear understanding of all functions in the organization at the macro level. Instinctively understands the implications of a strategy on other departments |
Level 2 |
Produces new ideas to gain commercial advantage within strategic frameworks developed by others. Knows how to make things happen in immediate environment. Understands the immediate implication of adopting a strategy at his level and devises means of proper implementation at his level. |
Level 1 |
Understands the key elements of the company’s business strategy,functional goals and how own goals are related to them.Appreciates the impact that own performance can make on the overall business and ensures that critical issues are always addressed by self. |
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