Event Name: Guest Lecture on Competency-Based Human Resource Management (CBHRM)

Objective: The objective of the session was to introduce students to the principles and practices of Competency-Based Human Resource Management, with a particular focus on leadership competencies.

Outcome: The outcome of the Guest lecture was to develop a deeper understanding of the importance of competencies in driving organizational success, the key elements of a robust competency framework, the practical application of CBHRM in talent management, and the crucial role of leadership behaviors in achieving organizational goals.

Report

The Human Resources Club of SIBM-H Humanalaya conducted a Guest Lecture on the topic “Competency-Based Human Resource Management (CBHRM0 for the HR speciaization students of MBA Batch 2023- 25 on 3 rd of August 2024. The guest lecturer for the session was Mr. Shivanand Mohan, a seasoned expert in L&D, Talent Management, and Organizational Development from MSN, offering valuable insights applicable to our HR aspirations. He has successfully provided a comprehensive overview of this strategic approach and its implications for modern day organizations functioning on a practical level.

Mr. Mohan initiated the discussion by providing a clear definition of competencies as the amalgam of knowledge, skills, and abilities (KSAs) that differentiate high performers. He emphasized the importance of behavioral aspects in competency assessment & how it is the observable actions that truly distinguish individuals.

The central theme of the lecture was the newly developed MSN Labs booklet outlining eight leadership behavioral competencies. These competencies, crucial for effective leadership, are divided into four proficiency levels: Basic, Proficient, Experienced, and Expert.

Leadership Behavioral Competencies:

• Leading & Developing
• Adhering to Principal Values
• Learning Agility
• Building Teams
• Adaptability & Coping
• Organization & Executing
• Achieving Personal Work Goals & Objectives
• Entrepreneurial & Commercial Thinking

Effectiveness vs. Efficiency

Mr. Mohan emphasized the distinction between effectiveness and efficiency. While efficiency focuses on optimizing processes and resources, effectiveness centers on achieving desired outcomes. He stressed that both are crucial for organizational success, but effectiveness often takes precedence.

Resource ---> Relationships ---> Results --->

Resources are the inputs used to create outcomes. Relationships are the connections between people or entities that facilitate the use of resources. Effective relationships optimize resource utilization,leading to desired results.

He stated that the individual demonstrates exceptional abilities in three key leadership areas i.e. Lead self, Lead others & Lead business

Key Takeaways:

• Defining Competencies: Mr. Mohan began by elucidating the concept of competencies, emphasizing that they are the underlying abilities, skills, knowledge, and behaviors required for successful job performance. He differentiated between core, technical and behavioral competencies, highlighting their significance in different organizational roles.

• The Shift from Roles to Competencies: He underscored the shift from traditional job-based HR to competency-based HR & explained how focusing on competencies enables organizations to identify, develop, and retain top talent pool more effectively.

• Challenges and Opportunities: He also acknowledged the challenges associated with implementing CBHRM, such as resistance to change, measurement difficulties and the need for cultural transformation and cleared all the queries asked by the students.

Mr. Mohan's lecture provided valuable insights into the practical application of CBHRM. The students definitely gained a clear understanding of the benefits of this approach and its potential to enhance our future organizational performance.

Overall, the guest lecture was very informative, engaging, and provided practical guidance on competency-based HR. Mr. Shivanand Mohan's expertise and experience enriched the learning experience for all participants.