Workshop 8 - Competency, Part 1
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Competency: n. The ability to do something successfully or efficiently.
Competency is at the core of any business, and because of the importance of competency in sustainable business, it’s important to get a framework around it, form a common language around it. We don’t always know what we mean by competency, or if we do, we aren’t good at communicating it to others.
3 foundations of competency:
- Skill: knowing how to do something
- Knowledge: keeping up to date; knowing what’s going on in the field in which you work
- Experience: being able to say that you have done work in your skill area.
Competency = Photosynthesis: Competency is to sustainable business what photosynthesis is to a plant’s biology: photosynthesis changes energy from the sun into plant growth. Competency takes in energy ( and creates value in business. If you don’t have competency in something, you can put time, energy and money into a business without getting anything out. Competency is vital, especially to get to the triple bottom line of a sustainable business.