Competence Management Strategies (CMS) A Future Concept in Competence Management for Knowledge-Based Organizations

Abstract

Competence is the driving force behind the success of any business. This is particularly true, as it pertains to knowledge-based organizations. Consequently, the management of the competencies of an organization’s members is of vital importance, and is an integral aspect of managerial activities in these organizations. The objective of this thesis is to introduce and explore the idea and concept of developing formulated strategies – Competence Management Strategies (CMS), as it were – to assist in addressing the specific needs of competence managers in these innovative work environments. The focus of this research literature study centers on the following research questions: What components are today’s competence systems comprised of, and how can the use of competence systems be enhanced to provide even better support in the management of organizational competence? On what strategy or strategies for competence systems development might future research focus? This study is based on a literature review of two doctoral dissertations; one on competence systems, and the other on knowledge creation and management and on interest activation. Based on the analysis and evaluation of these materials, this thesis presents a discussion, and conclusions are drawn, which articulate the potential, feasibility, and probable necessity of an innovative unified strategy approach to the management of organizational competence.