COMPETENCY-BASED MANAGEMENT AND SUSTAINABLE COMPETITIVE ADVANTAGE IN BANKING ORGANIZATIONS
Abstract
One of the main challenges organizations face today is maintaining a sustainable competitive advantage and surviving in the marketplace. Identifying core competencies and competency-based management has been emerging as a way to competitively improve products and services. This article discusses concepts regarding the development and application of employee's knowledge, skills and attitudes (competencies). The focus is specifically on banking organizations, which, in recent years, have been undergoing profound methodological and procedural changes, resulting in an increased demand for more capacitated workers who demonstrate a high potential for growth. In order to quickly obtain precise information regarding the frequent economic, social, political and technological transformations of the environment, organizations have been seeking to create favorable conditions to develop, to validate and to apply their employee's competencies.
Downloads
Published
Issue
Section
License
Once the papers have been approved, the authors will assign their copyrights to this Journal. The Copyright Assignment Conditions include:
1. The Mackenzie Administration Journal holds the rights to all the papers published therein through assignment of copyright.
2. The author retains moral rights to the paper, including the right to identify the author whenever the article is published.
3. As of July 1, 2015 RAM adopted the CC-BY license standard (Creative Commons– BY). Authors are allowed to copy, distribute, display, transmit and adapt articles. Authors must attribute to RAM explicitly and clearly an article’s original publication (with reference to the journal’s name, edition, year and pages in which the article was originally published), yet without suggesting that RAM endorses the author or its use of the article. Contents are released by means of the CC-BY license to fully inter-operate with a variety of different systems and services, including for commercial purposes. In case of an article’s reuse or distribution, authors must make the article’s licensing terms clear to third parties. CC-BY criteria follow open access policies by major OA (Open Access) publishers and journals, such as PLoS, eLife, Biomed Central and Hindawi, among others.
4. When formally requested by the author, this Journal may allow the paper to be published as a chapter or part of a book. The only requirement is that prior publication in this Journal (Journal name, issue, year and pages) must be clearly and explicitly shown as a reference.