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Valorizing the Human Capital Within Organizations: A Competency Based Approach

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Advances in Human Factors, Business Management and Society (AHFE 2018)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 783))

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Abstract

Changes in the business environment and in the nature of work itself require the implementation of integrated and flexible methodologies in competencies’ definition in order to valorize the human capital and achieve organizational targets in a future-oriented perspective. However, extant research suggests that the available approaches to competency definition are more focused on describing past behaviors than on anticipating future requirements. Therefore, this study endeavors to provide a competency-based model that supports the top management in the identification of the competencies employees should posses, highlighting crucial competencies that can translate the strategy and vision of the organization into behaviors, skills, and terms that people can easily understand and implement. The results of our explorative case study led us to identify a set of competencies (digital/analytical/technical/adaptive/combinative/proactive), classified following the Knowledge Skills Attitudes (KSA) model, that collectively lead to a successful definition of future-oriented competencies.

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Authors and Affiliations

  1. School of Technology and Innovation, University of Vaasa, Wolffintie 34, 65200, Vaasa, Finland

    Federica Polo & Jussi Kantola

Authors
  1. Federica Polo
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  2. Jussi Kantola
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Correspondence to Federica Polo .

Editor information

Editors and Affiliations

  1. School of Technology and Innovations, University of Vaasa, Vaasa, Finland

    Jussi Ilari Kantola

  2. Institute of Maritime Operations, University College of Southeast Norway, Borre, Norway

    Salman Nazir

  3. Hungarian-Netherlands School of Educational Management, University of Szeged, Szeged, Hungary

    Tibor Barath

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Polo, F., Kantola, J. (2019). Valorizing the Human Capital Within Organizations: A Competency Based Approach. In: Kantola, J.I., Nazir, S., Barath, T. (eds) Advances in Human Factors, Business Management and Society. AHFE 2018. Advances in Intelligent Systems and Computing, vol 783. Springer, Cham. https://doi.org/10.1007/978-3-319-94709-9_6

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  • DOI: https://doi.org/10.1007/978-3-319-94709-9_6

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-94708-2

  • Online ISBN: 978-3-319-94709-9

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