MANAGEMENT COMPETENCIES AND THEIR IMPACT ON THE EFFICIENCY OF ORGANIZATIONS

This paper deals with the management competencies as a strategic basis for the staff development. The operation of an organization, its competitiveness and economic performance are affected by the managers' decisions in a great deal. In the recent time we have been observing a growing tendency to use the concept of managerial competencies as a foundation for building systems for human resources development. Competency models used are characterized as identified specific competencies that directly make a required job performance. The growing interest in the competency model and approach to human resources development affected the organizational changes in many companies. The management competencies being really a reliable strategic basis for the staff development, we will analyze the application of the principles of competence approach in an organization, The paper provides a theoretical overview and comparison of different approaches to the development of human resources we can implement in the business practice