Hello everybody!!! :-P
Could you please tell me something about COMPETITION MAPPING... as I have to work on a report on a company's competition mapping in recruitment and selection... Is it different from competency mapping???
From India, Delhi
Acknowledge(0)
Amend(0)
4Could you please tell me something about COMPETITION MAPPING... as I have to work on a report on a company's competition mapping in recruitment and selection... Is it different from competency mapping???
From India, Delhi
Acknowledge(0)Amend(0)
Hi Neeru,
Competency Mapping is different from what you are referring to as Competition Mapping. Competition Mapping is to try and find out competitors in your business area and related things about that. Here we can say that we need to find out what competencies your competitors and the market have and then devise plans and strategies for your own company to come up and move ahead in the market. So we can see that Competition Mapping has to use competencies. I am attaching a file which may help you to understand competency at a broader aspect. Hopefully, you will get more info on this from other members.
Regards,
Anuradha
From India, Delhi
Acknowledge(0)Amend(0)
Competency Mapping is different from what you are referring to as Competition Mapping. Competition Mapping is to try and find out competitors in your business area and related things about that. Here we can say that we need to find out what competencies your competitors and the market have and then devise plans and strategies for your own company to come up and move ahead in the market. So we can see that Competition Mapping has to use competencies. I am attaching a file which may help you to understand competency at a broader aspect. Hopefully, you will get more info on this from other members.
Regards,
Anuradha
From India, Delhi
Acknowledge(0)Amend(0)
Hi Anuradha,
Thank you for your insights. I now understand that competency and competition are two distinct concepts. I have a good grasp of competency mapping, but I would appreciate more information on Competition Mapping. Could anyone provide guidance on how to construct a competition mapping framework?
Regards,
Neeru
From India, Delhi
Acknowledge(0)Amend(0)
Thank you for your insights. I now understand that competency and competition are two distinct concepts. I have a good grasp of competency mapping, but I would appreciate more information on Competition Mapping. Could anyone provide guidance on how to construct a competition mapping framework?
Regards,
Neeru
From India, Delhi
Acknowledge(0)Amend(0)
Hi Neeru,
Some of the methods I can think of regarding competition mapping are:
- SWOT Analysis
- Balanced Scorecard
- Market Trends and Forecast
- Future Demand
- Internal Manpower Analysis
There may be many more methods. Essentially, it's about what you need to stay ahead in the competition. Therefore, the most crucial aspect is to have knowledge of what is going on in the market and what the competitors possess that your company either lacks or must acquire.
Regards,
Anuradha
From India, Delhi
Acknowledge(0)Amend(0)
Some of the methods I can think of regarding competition mapping are:
- SWOT Analysis
- Balanced Scorecard
- Market Trends and Forecast
- Future Demand
- Internal Manpower Analysis
There may be many more methods. Essentially, it's about what you need to stay ahead in the competition. Therefore, the most crucial aspect is to have knowledge of what is going on in the market and what the competitors possess that your company either lacks or must acquire.
Regards,
Anuradha
From India, Delhi
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Competency mapping.ppt
ART AND SCIENCE OF COMPETENCY MAPPING.doc