concentrated efforts towards Competence building also significantly influence the overall health of the organisation. These findings are elaborated more in the subsequent sections. The study results are in supportive of the claims by Kapoor & McGrath (2014) that such rapid change in technology puts organisations on the run in hot pursuit of talent and competence. The competence adequacy required to maintain a particular technology at one point of time becomes no more relevant at a different point of time, leaving behind a profound gap in competence requirement, as a result of the Technology disruption (TD). The result empirically supported that the lowered level of competence adequacy significantly affects the Organisational health (OH). As a
result of the reduction in competence adequacy, firms will no more be able to enjoy competitive advantage in the market. As Neuman and Weiss, (1995) put it that competence adequacy (CA) might influence the overall productivity of the employee group and lower the labour market participation of workers with obsolete skills (Van Loo, de Grip, & de Steur, 2001). Rathe & Witt, (1999) noticed the need of value based approach to competence building at firm level, which gives clarity in terms of adequacy with changing environmental factors. This study result is in line with this argument.
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- Summer '17
- competence building