AN EVIDENCE-BASED STUDY ON COMPETENCY ADOPTION FRAMEWORK AND ASSESSING ITS IMPACT ON ORGANISATIONAL PERFORMANCE

Misra, Y., Kumar, V., & Tripathi, V. (2021). An evidence-based study on competency adoption framework and assessing its impact on organisational performance. Global Business and Economics Review, 24(2), 166-192.

46 Pages Posted: 15 Mar 2021

See all articles by Vibhash Kumar

Vibhash Kumar

Ramanujan College, University of Delhi

Date Written: February 9, 2021

Abstract

Companies have invested heavily in competency-based HR systems without having established guidelines on its implementation. This research studies the adoption of the competency framework in HR, along with perceived organisation performance (POP) and financial organisation performance (FOP). The study solicited research sample from the senior HR heads (N=175) of equity index companies listed in recognised stock exchanges of India. This study proposes a Competency Adoption Framework (CAFRMW) to measure the extent of adoption and evaluates the ability of CAFRMW to predict perceived and market-based performance measures effectively. The significant findings highlight that successful adoption of competency depends upon succinct documentation and formal communication of the same. Additionally, making competency accessible, contemporary, and training-appropriate is the key to success.

Keywords: Competency adoption framework, HR practices, Organisational Performance, Structural Equation Modelling

JEL Classification: O15

Suggested Citation

Kumar, Vibhash, AN EVIDENCE-BASED STUDY ON COMPETENCY ADOPTION FRAMEWORK AND ASSESSING ITS IMPACT ON ORGANISATIONAL PERFORMANCE (February 9, 2021). Misra, Y., Kumar, V., & Tripathi, V. (2021). An evidence-based study on competency adoption framework and assessing its impact on organisational performance. Global Business and Economics Review, 24(2), 166-192., Available at SSRN: https://ssrn.com/abstract=3803987

Vibhash Kumar (Contact Author)

Ramanujan College, University of Delhi ( email )

Kalkaji
Delhi, 110 019
India
+919711027124 (Phone)

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