Although we live in a knowledge economy, organizations no longer pay a premium for what employees already know, but rather, for what they are capable of knowing.
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In some ways, the Department's approach is still too cautious. It treats competency-based learning as an alternative rather as a standard that should inform all learning.
Skills and competencies are two very different things, and it is the astute corporation that recognizes this and thinks deeply about it.
Can you find your stars through assessment centers? Yes, but first you have to have a very good idea of what sort of competencies a star in your corporation will have.
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