Framework for Competency and Capability Assessment for Resource Allocation

Abstract

This paper proposes a decision process that engineering organizations can use to make human resource allocation decisions. This type of systematic approach will assist organizations in determining accurate predictions of their strengths and weaknesses and enable them to determine optimum resource allocations. In addition, identifying strategic core competencies followed by identification of organizational and individual capabilities necessary to fulfill the needs of these core competencies will optimize human resource allocations. The proposed framework can complement and improve on available methods for identifying sourcing strategies with a goal of “rightsizing” organizations. Assessment of organizational competencies and capabilities can provide the necessary rationale behind human resource allocation and outsourcing decisions. Using the proposed framework presented in this paper would, therefore, assist companies in optimizing human resource allocation decisions.