A Study on Developing Competency of Workforce Planning

Competencies are measurable human capabilities that are required for effective work performance. Competency analysis and modeling identifies a wide range of people management systems such as workforce planning, selection, employee development, performance management and compensation.

Many organizations are adopting competency based workforce practices to find solutions to the problem of effective management and monitoring their workforce in the new world of work. Nowadays the demand to achieve this goal rests on change which necessitates a continuous transformation. Hence the competency framework strives to develop the workforce.

The paper examines the various concepts relating to business modeling and analyzing factors and effective measures in developing workforce competency plan. The data is collected via secondary source constituting journals, research articles, websites, and books. The main objectives are: To examine competency analysis and organizational models. To evaluate effective measures in developing a competency workforce. To analyze the various factors effecting in developing workforce planning.