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Understanding Managing Competency Strategy

Follow these steps to define a competency strategy and allocate values to the strategy:

  1. Prepare a strategy.

  2. Define the strategy and assign roles, tasks, competencies, and accomplishments to the strategy.

  3. Specify a value for the entire strategy (required only if you want to run the Value Allocation process, otherwise optional).

  4. Set up a competency strategy model for use in the scenario.

  5. (Optional) Run the Value Allocation Application Engine process (WA_VALUE) to allocate the values among roles in the strategy.

  6. (Optional) View the results of the value allocation process.

Note: Specifying a competency strategy value and running the Value Allocation process (WA_VALUE) are optional steps. However, to run the Match process (WA_MATCH) you must first set up a competency strategy as outlined in steps 1, 2, and 4 in the preceding steps.

Image: Conceptual overview of the Manage Competency Strategy and Value Allocation

The following diagram illustrates this overall process.

 Conceptual overview of the Manage Competency Strategy and Value Allocation