March 22, 2019, 10:54 pm

NEW ARTICLE: Asset Management Capabilities – Are organisations still struggling with competency frameworks?

Assetivity is observing a resurgence in interest from businesses wanting to build internal capability in Asset Management.  

We are focusing our discussion on Asset Management Competency Frameworks as these are utilised to understand the needs for people in roles performing asset management functions.  An organisations Asset Management Capabilities is defined by their ability to identify and embed a competency framework relevant to their Asset Management functions. 

Larger, more complex organisations are investing in the development of competency frameworks and training programs aligned to their HR processes including performance evaluation and development planning, and often linked to productivity goals.  Smaller businesses are seeking to leverage competency frameworks already in the public domain, and third-party training programs to ensure their people have the required skills and are doing the right Asset Management work.

None of this effort and focus is new. Effective competency frameworks have been recognised throughout the training world as forming the basis for linking competence with organisational strategy and capability since the early 1990s. 

Read the full article

 

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