Article ID Journal Published Year Pages File Type
5126248 Procedia - Social and Behavioral Sciences 2016 9 Pages PDF
Abstract

Human capital is the key factor for economic success of any organization. Actually we live in the era of globalized economy that brings strong similarities, in time of huge explosion of information, changes and innovations. HR managers think about how to find any competitive advantage enabling their companies to differ from others and how to define, find and maintain those competencies that enable humans to cope with change. Private sector found an answer for these issues in Competency based management. Competency models are a key tool in human resource systems and practice. Public administrations systems throughout the world have been subjected to major reforms over the last 30 years and Competency management has already been implemented in public sector of several OECD countries as well. Following article examines the theory of competence, competency models, concept of Holistic managerial competence and the necessity of holistic managerial competence valuation in public sector.

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Social Sciences and Humanities Arts and Humanities Arts and Humanities (General)
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