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Part One: How To Develop Valid
And Actionable Competency
Models
Luciano Gregoretti
Consultant
908.897.0924
lgregoretti@talentfirst.com
1 - How to Develop Valid
and Actionable
Competency Models
June 10th – 12th
2 - Competency-Based
Talent Development
June 24th – 26th
3 - Using Competency
Models to Hire Top
Talent
July 8th – 10th
4 - Competency Models
and Performance
Management
July 22nd – 25th
7 Steps to Developing Competency Models:
Progression
5 - Competency-Based
Coaching
Aug 5th – 7th
6 - Competency Models
and Leadership
Development
Aug 19th – 21st
7 - Integrated Talent
Management and Cloud
Technology
Sep 2nd – 4th
3
About TalentFirst
A Talent Management consulting and technology firm that offers actionable
tools and systems to optimize organizations’ human capital investment
Consulting Technology Assessment
Competencies 101
Business Case For Competencies
Dollar: Financial Capital
=
Competency: Human Capital
Other Advantages…
For the people
 Clearly defines expectations for the role(s)
 Increases clarity and ownership around development (roadmap)
 Drives greater employee engagement and organizational commitment
For the organization
 Increase performance (hard and soft)
 Lower turnover rate
 Higher talent retention
For the HR department
 From “reactive administrative” to “strategic business” function
What are Competencies?
 Includes behavioral-anchored
descriptors of the capabilities
needed for success in a role(s)
 Includes how these capabilities are
applied or demonstrated at various
proficiency levels
Skills,
Knowledge
& Abilities
Applied for
Specific
Outcomes
Competency Models Need To Be:
Simple
Targeted
Actionable
Today or Tomorrow?
75% Critical Today
25% Future Focused
Form Follows Function
Learning
Applying
Leading
Expert
 Applies to those individuals who have become
function leaders and who are strategic and proactive
in the achievement of their business responsibilities
 Applies to those individuals who are able to work
independently and who are fully functional in the
position
 Applies to those individuals who are new in the
position and/or who have altered responsibilities
 Applies to those individuals who command an extensive
base of knowledge and organizational influence and who
actively coach and mentor others
Example of Competency
Learning Applying Leading Expert
Influencing & Consultative Selling
Uses a persuasive,
consultative selling model and
product knowledge to
influence customers to
choose Company’s products.
Completes pre-call plan to
identify objectives for each
customer interaction.
Evaluates results to refine
approach.
Engages customers to
understand their specific
needs and opportunities.
Tailors selling strategies and
approaches based on
individual customer
requirements and style.
Applies power of persuasion
to drive others’ decision
making and actions to
increase sales.
Anticipates customer needs
and proactively addresses
opportunities/issues to drive
increased short and long-term
business results in the
Territory. Delivers strategic,
value-added solutions for
customers that produce
mutually-beneficial results.
Demonstrates a track record
of driving positive action in
others.
Advances capabilities of peers
and serves as a resource for
consultative selling
techniques and influencing
best practices. Creates
champions throughout the
customer base for a broad
impact beyond product and
Territory. Sought out by
cross-functional partners to
develop and implement sales
strategies.
Customer Engagement
Definition: Cultivates relationships with key decision makers and applies persuasive, consultative
selling skills to increase access and gain product support to achieve Company and customer objectives.
Builds purposeful internal and external networks to develop and drive collaborative, value-added
solutions.
Competency
Development & Launch
It Starts With an Objective Analysis
Leadership
Interviews
Behavioral
Insight©
Job
Analysis
Job
Function
Survey
 Objective data linked to
performance
• Limits subjective biases
• Reduces risk to the organization
 Efficient, multi-pronged study
 Greater staff engagement and
ownership
TalentFirst Foundation Study
Leadership Interviews
Leadership
Interviews
Behavioral
Insight©
Job Analysis
Job
Function
Survey
 Capture strategic and systemic perspective
 Allow to incorporate vision and strategy in model
 Ensure optimal buy-in
 45’ minutes/ 1 hour interview
Job Analysis (real-life observations)
Leadership
Interviews
Behavioral
Insight©
Job Analysis
Job
Function
Survey
 Observe key behaviors in real life situations
 Understand context and environment
 Include top, average and low performers
 Provide qualitative data to be leveraged in survey
phase
Job Function Survey
Leadership
Interviews
Behavioral
Insight©
Job Analysis
Job
Function
Survey
 To gather large number of information around
KSAs
 Everyone is involved in the process!
 Buy-in and adoption
Behavioral Insight©
Leadership
Interviews
Behavioral
Insight©
Job Analysis
Job
Function
Survey
 Identify core personality traits that differentiate
top performers
 A valid and reliable online behavioral assessment
tool
 High-Performance Footprint
Launching Competency Systems
 Competency systems need to be launched for maximum impact and
sustainability
 Communication linking competencies to business strategy
 Interactive launch session
 1-2 competency-based tools and systems
 Post-launch – phased deployment of additional tools and systems
“Change the expectations, change the outcomes”
The Next Webinar…
REGISTER FOR THE NEXT WEBINAR!
Competency-Based Talent Development
June 24, 2014 at 1:00 - 1:30 PM ET
June 26, 2014 at 3:00 - 3:30 PM ET
Audience Questions & Answers
21
TalentFirst Headquarters
1011 US Hwy. 22 West
Bridgewater, NJ 08807

TalentFirst India
B 45 DSIDC Industrial Estate
Delhi 1100 95, INDIA

Luciano Gregoretti
Consultant
908.897.0924
lgregoretti@talentfirst.com

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How to Develop Valid and Actionable Competency Models

  • 1. Part One: How To Develop Valid And Actionable Competency Models Luciano Gregoretti Consultant 908.897.0924 lgregoretti@talentfirst.com
  • 2. 1 - How to Develop Valid and Actionable Competency Models June 10th – 12th 2 - Competency-Based Talent Development June 24th – 26th 3 - Using Competency Models to Hire Top Talent July 8th – 10th 4 - Competency Models and Performance Management July 22nd – 25th 7 Steps to Developing Competency Models: Progression 5 - Competency-Based Coaching Aug 5th – 7th 6 - Competency Models and Leadership Development Aug 19th – 21st 7 - Integrated Talent Management and Cloud Technology Sep 2nd – 4th
  • 3. 3 About TalentFirst A Talent Management consulting and technology firm that offers actionable tools and systems to optimize organizations’ human capital investment Consulting Technology Assessment
  • 5. Business Case For Competencies Dollar: Financial Capital = Competency: Human Capital
  • 6. Other Advantages… For the people  Clearly defines expectations for the role(s)  Increases clarity and ownership around development (roadmap)  Drives greater employee engagement and organizational commitment For the organization  Increase performance (hard and soft)  Lower turnover rate  Higher talent retention For the HR department  From “reactive administrative” to “strategic business” function
  • 7. What are Competencies?  Includes behavioral-anchored descriptors of the capabilities needed for success in a role(s)  Includes how these capabilities are applied or demonstrated at various proficiency levels Skills, Knowledge & Abilities Applied for Specific Outcomes
  • 8. Competency Models Need To Be: Simple Targeted Actionable
  • 9. Today or Tomorrow? 75% Critical Today 25% Future Focused
  • 10. Form Follows Function Learning Applying Leading Expert  Applies to those individuals who have become function leaders and who are strategic and proactive in the achievement of their business responsibilities  Applies to those individuals who are able to work independently and who are fully functional in the position  Applies to those individuals who are new in the position and/or who have altered responsibilities  Applies to those individuals who command an extensive base of knowledge and organizational influence and who actively coach and mentor others
  • 11. Example of Competency Learning Applying Leading Expert Influencing & Consultative Selling Uses a persuasive, consultative selling model and product knowledge to influence customers to choose Company’s products. Completes pre-call plan to identify objectives for each customer interaction. Evaluates results to refine approach. Engages customers to understand their specific needs and opportunities. Tailors selling strategies and approaches based on individual customer requirements and style. Applies power of persuasion to drive others’ decision making and actions to increase sales. Anticipates customer needs and proactively addresses opportunities/issues to drive increased short and long-term business results in the Territory. Delivers strategic, value-added solutions for customers that produce mutually-beneficial results. Demonstrates a track record of driving positive action in others. Advances capabilities of peers and serves as a resource for consultative selling techniques and influencing best practices. Creates champions throughout the customer base for a broad impact beyond product and Territory. Sought out by cross-functional partners to develop and implement sales strategies. Customer Engagement Definition: Cultivates relationships with key decision makers and applies persuasive, consultative selling skills to increase access and gain product support to achieve Company and customer objectives. Builds purposeful internal and external networks to develop and drive collaborative, value-added solutions.
  • 13. It Starts With an Objective Analysis Leadership Interviews Behavioral Insight© Job Analysis Job Function Survey  Objective data linked to performance • Limits subjective biases • Reduces risk to the organization  Efficient, multi-pronged study  Greater staff engagement and ownership TalentFirst Foundation Study
  • 14. Leadership Interviews Leadership Interviews Behavioral Insight© Job Analysis Job Function Survey  Capture strategic and systemic perspective  Allow to incorporate vision and strategy in model  Ensure optimal buy-in  45’ minutes/ 1 hour interview
  • 15. Job Analysis (real-life observations) Leadership Interviews Behavioral Insight© Job Analysis Job Function Survey  Observe key behaviors in real life situations  Understand context and environment  Include top, average and low performers  Provide qualitative data to be leveraged in survey phase
  • 16. Job Function Survey Leadership Interviews Behavioral Insight© Job Analysis Job Function Survey  To gather large number of information around KSAs  Everyone is involved in the process!  Buy-in and adoption
  • 17. Behavioral Insight© Leadership Interviews Behavioral Insight© Job Analysis Job Function Survey  Identify core personality traits that differentiate top performers  A valid and reliable online behavioral assessment tool  High-Performance Footprint
  • 18. Launching Competency Systems  Competency systems need to be launched for maximum impact and sustainability  Communication linking competencies to business strategy  Interactive launch session  1-2 competency-based tools and systems  Post-launch – phased deployment of additional tools and systems
  • 19. “Change the expectations, change the outcomes”
  • 20. The Next Webinar… REGISTER FOR THE NEXT WEBINAR! Competency-Based Talent Development June 24, 2014 at 1:00 - 1:30 PM ET June 26, 2014 at 3:00 - 3:30 PM ET
  • 21. Audience Questions & Answers 21
  • 22. TalentFirst Headquarters 1011 US Hwy. 22 West Bridgewater, NJ 08807  TalentFirst India B 45 DSIDC Industrial Estate Delhi 1100 95, INDIA  Luciano Gregoretti Consultant 908.897.0924 lgregoretti@talentfirst.com