A STUDY ON THE ROLE OF COMPETENCY MAPPING WITH REFERENCE TO RYDON INDUSTRIES PVT LTD, COIMBATORE

Human Resource Management is the process of bringing people and organizations together so that the goals of each are met. Nowadays, it is not possible to show a good financial or operating report unless your personal relations are in order. Over the years, highly skilled and knowledge-based jobs are increasing while low-skilled jobs are decreasing. This calls for future skill mapping through proper HRM initiatives. Indian organizations are also witnessing a change in systems, management cultures, and philosophy due to the global alignment of Indian organizations. There is a need for multi-skill development. Competency Mapping is the process of identifying key competencies for an organization, its jobs, and functions within it. Competency Mapping is important and is an essential activity. Every well-managed firm should have well-defined roles and a list of competencies required to perform each role effectively. Competency Mapping identifies an individual’s strengths and weaknesses in order to help them better understand themselves and to show them where career development efforts need to be directed. Competency mapping is not only done for confirmed employees of an organization; it can also be done for contract workers or for those seeking employment to emphasize the specific skills that would make them valuable to a potential employer. These kinds of skills can be determined when one is ready to do the work. Competency Mapping is one of the most accurate means of identifying the job and behavioural competencies of an individual in an organization. Competency is a set of knowledge, skills, and attitudes required to perform a job effectively and efficiently. A competency is something that describes how a job might be done excellently. A competency only describes what has to be done, not how. A core competency is something that cannot be copied and it is the pillar upon which an individual rests.