4M Competency Framework

1. A Comprehensive Guide to the 4M Competency Framework A "com petency fram ew ork" is a structure that lists and describes each unique com petency (such people m anagem ent or problem -solving skills) needed by em ployees of an organization or a division thereof. E very function in an organization has a set of abilities, or talents, that are defined by a com petency fram ew ork. E m ployee perform ance can be m easured by enterprises using a com petency fram ew ork, and em ployees can benefit from the fram ew ork's clarity regarding the requirem ents for each role. 1 | P a g e

2. Com petency fram eworks delineate the qualities, abilities, and expertise required for specific occupations. These fram ew orks can assist firm s in supporting em ployee learning and developm ent as w ell as helping them m ake educated decisions about talent acquisition, retention, and succession planning. Team s are inform ed by their organizations on the behaviors that are expected of them based on their jobs. E m ployees can now com prehend the organization's values and the perform ance standards that are expected of them . W hy is a com petency fram ew ork im portant? A com petency fram ework w ith proper organization benefits both the w orkforce and the com pany. W ith the help of this fram ework, staff m em bers can com prehend precisely w hat is expected of them as w ell as the com petencies required to carry out their particular roles. An em ployee can use the fram ew ork to determ ine w hich abilities they need to concentrate on developing if they are deficient in any particular area. In the ever-evolving landscape of professional developm ent, organizations are constantly seeking effective w ays to assess and enhance em ployee perform ance. One fram ew ork that has gained significant traction for its holistic approach is the 4M Com petency Fram ew ork. Com petency fram eworks also give em ployees inform ation about the com pany, including the abilities that are highly valued and the im pact of their w ork on the com pany. The fram ework functions as a benchm arking tool for each position and can assist talent m anagem ent and H R team s in determ ining whether a person is perform ing their job to the best of their abilities w ithin a business. D eveloping a com petency fram ew ork for a new ly created or unfilled position can also assist an organization in locating eligible applicants during interview s. The 4M Com petency Fram ew ork is a structured m odel designed to evaluate and develop key com petencies am ong individuals w ithin an organization. 2 | P a g e

3. The 4M represent M ap M easure M anage M axim ize, collectively form ing a fram ew ork that addresses various facets of personal and professional grow th. M ost im portant thing to focus is the im plem entation of the 4M Com petency Fram ework Im plem enting the 4M Com petency Fram ew ork requires a strategic and thoughtful approach. Com panies can start by conducting com petency assessm ents to identify strengths and areas for im provem ent. Once identified, targeted training program s, m entorship opportunities, and perform ance feedback can be im plem ented to support em ployees in their journey tow ard m astery. W hat elem ents m ake to a fram ew ork for com petencies? D espite potential variations in construction across different businesses, the fram ew ork m ay be segm ented into several com petency-based attributes, including the follow ing: Core values. These provide fundam ental m oral standards for w orkers' behavior and decision-m aking. Core com petencies. These are fundam ental abilities that every em ployee has to have, just like problem -solving. Functional com petencies. These abilities are related to particular job roles. M eta com petencies. These are advantageous traits that are applicable to a variety of w ork contexts but aren't specifically necessary for em ploym ent, such flexibility and the capacity to adjust to change. L eadership com petencies. These characteristics help to identify people w ith potential for m anagem ent and leadership roles. 3 | P a g e

4. H ere enters our one solution to all PeopleB lox. PeopleB lox stands as an innovative A I-driven Talent Intelligence softw are platform , distinguished by our exclusive 4M com petency fram ew ork. Collaborating closely w ith our clients, w e specialize in crafting and im plem enting m eticulously tailored com petency libraries that are distinctive to their specific industry and technological landscape. To know m ore connect to us at: https://w w w .peopleblox.io/index L et’s dive deep into the 4M Com petency Fram ew ork offered by PeopleB lox 1.M A P- Our consulting team collaborates closely w ith professionals from both the B usiness and L earning and D evelopm ent (L &D ) team s to m eticulously analyze and break dow n your skills into intricate details. 2.M E A SU RE - Our A I-driven chatbot offers a user-friendly, m obile-responsive interface, m aking it effortlessly sim ple for team m em bers to sw iftly capture and share their unique experiences. 3.M A N A G E - A fter benchm arking all em ployees, our com prehensive set of analytical reports and visualizations em pow ers you to glean valuable insights. W e assist you in envisioning your talent in w ays you've never experienced before. 4.M A XIM IZE - H arness the potential of your talent by utilizing features like individual developm ent plans, learning calendars, attrition indicators, and high- potential identification. These tools contribute to the sustainable grow th of your business. B enefits of having a com petency fram ew ork A com petency fram ework offers the follow ing benefits: Provides clear expectations. Com petency fram ew orks provide a clear outline of the expected technical, soft and hard skills for all roles in the organization. 4 | P a g e

5. H elps detect skills gaps. M anagers can identify w here an em ployee isn't fulfilling all the expected com petencies for their position. Prom otes career grow th. E m ployees can w ork on any identified skills gaps for their career progression. The fram ework should also take staff m obility into account and how an em ployee can achieve certain m ilestones for career grow th. A ids in the recruitm ent process. The fram ew ork gives recruiters a detailed list of all required and ideal skills a potential em ployee should have to adequately fill a particular role. Supports the creation of training and professional developm ent program s. M anagers can identify w here their staff needs im provem ent and exam ine w ays to provide m entoring and training. About Us: PeopleBlox is a young HR Tech startup based out of Pune, India. We believe in building products that make a dent in the universe! At our Baner office, you’ll find young interns fresh out of Pune’s top engineering colleges working side-by-side with gray haired veterans who’ve formed and successfully run businesses. But the one thing that’s common to us all is - the desire to build the best talent engineering product in the world! Contact Us: Contact Us At: https://peopleblox.io/contact Call: +91-7447406688 Email: customercare@peopleblox.io Follow On LinkedIn: https://www.linkedin.com/company/peopleblox/ 5 | P a g e