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Office of Personnel Management (OPM) publicly shares its Competency Models. Here’s how the OPM competency models can support your workforceplanning. In the ever-evolving landscape of business, workforceplanning is a critical aspect of organizational success. In today’s business world, agility is key.
Transferring the expertise of your most knowledgeable employees to others is critical to sustaining your organization’s success. To facilitate knowledge exchange, some firms tie their mentoring programs to their learning and development, workforceplanning, succession management, or knowledgemanagement initiatives.
For employees, the succession planning process translates into stretch opportunities that can help them learn new skills, advance their careers, increase their value to the team and boost earning power. Institutional knowledge/Knowledgemanagement. The result? Threats to business continuity and costly disruption.
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