How the Competency Management Cycle can contribute to bridging the skills gap

Due to globalisation, technological innovations and changes in the labour market, skills development has become a pressing topic on the agenda of organisations globally. A skills gap is frustrating economic growth in countries all over the world. Skills development can thus be viewed as a condition for economic prosperity and growth, especially in emerging countries. Since skills development is such a universal issue, DECP came up with a project to support employers’organisations with that matter. A team of learning and development experts of Maastricht University has recently taken on the challenge to fight this problem. They have developed the toolbox CMC, which is a possible step to bridge the skills gap.

The Competency Management Cycle