Competency Development and Human Resource Flexibility
Keywords:
Competency development, human resource flexibility, human capital theory, resource-based view theoryAbstract
This paper discussed the relationship between competency development and human resource flexibility. The objectives of the paper were to examine the roles dimensions such as skill training, mentoring and project work play in outcomes of human resource flexibility. As a seminar paper, a theoretical design was adopted in the structure and approach towards assessing the variables. The review of literature was premised within the resource-based view and human capital theoretical frameworks; both of which advocate investments in the development of the organization’s human capital as a basis for driving outcomes such that human resource flexibility for improved organizational competitiveness and adaptability. Following the review, the study observed as its findings that skill training, mentoring and project workcontribute in the actualization of human resource flexibility; it was stated in conclusion that related actions and processes of competency development are critical to the quality, responsiveness and effectiveness of the organization’s human resources, advancing flexibility features necessary for survival and well-being. It was recommended that organizations invest more and offer more support toward processes and actions that enable workers learning, growth and development within the workplace.