guide

HR Guide: The differences between Strengths, Values, and Competencies

2:35 What are the main differences between strengths, values, and competecnies?
key insights

Key Insights

The concepts of strengths, values, and competencies often overlap, with their distinctions being more semantic than substantive. This convergence reflects a broader trend in management and consultancy practices, where popular terminology shifts with market trends, though the foundational ideas remain largely the same.

The Interchangeable Trio

At their core, strengths, values, and competencies are constructs used to describe desirable traits and skills in employees. From a psychometric perspective, these terms often merge into a singular framework used by organisations to define what they seek in their workforce:

Strategies for Mitigation

Our discussion today highlights several strategies that can be employed to manage the use of AI tools in assessments. These include:

  • Strengthsare typically viewed as innate capabilities that individuals bring to their roles.
  • Valuesare the principles or standards of behavior that are important to the business and its culture.
  • Competenciesare the skills and behaviours that contribute to successful job performance.

Cyclical Trends in Management

The dialogue around these constructs tends to be cyclical, influenced by 'management fads' that highlight one aspect over another based on contemporary business trends. This cyclical nature is often driven by consultancy narratives that seek to repackage and market these concepts under new guises to maintain relevance and command higher fees.

The Jangle Fallacy

A critical view presented in the discussion is the 'Jangle Fallacy', a concept describing the error of mistaking identically functioning constructs for novel ones simply because they are relabeled. This fallacy underscores the redundancy within organizational strategies that focus too heavily on semantics rather than substantive development.

Practical Implications

While the rebadging of these constructs might seem trivial, it serves a practical purpose by rejuvenating interest and allowing organizations to reemphasize core aspects of their culture and operational goals in fresh, engaging ways. This can be particularly useful for reviving interest in essential but undervalued organizational principles.

Conclusion

Organisations must recognize the substantial overlap among strengths, values, and competencies to avoid unnecessary complexities in their developmental strategies. By focusing on the essence of what these constructs aim to achieve—enhanced performance and alignment with organizational goals—businesses can streamline their approach and better communicate their core expectations to their workforce.