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Competency Profiling of Organization's Absorptive Capacity Development

In: Business and Management Annual Volume 2023

Author

Listed:
  • Chulatep Senivongse

Abstract

This study examines the relationship between competencies and absorptive capacity in organizations. Absorptive capacity, defined by Cohen and Levinthal, is a firm's ability to acquire, assimilate, transform, and leverage external knowledge for business opportunities. Competency refers to individual capabilities for effective task performance. The study explores the recursive nature of absorptive capacity, where individual competencies contribute to its development within the firm. Four competency domains - learning capability, business-orientation, self-orientation, and social intelligence - are identified, forming a framework for analyzing competencies required at different absorptive capacity stages. Aligning competency development with specific stage requirements enhances absorptive capacity. Valuable insights are provided for management, especially HR professionals, to design and manage competency, foster absorptive capacity development, and support organizational growth strategies.

Suggested Citation

  • Chulatep Senivongse, 2023. "Competency Profiling of Organization's Absorptive Capacity Development," Chapters, in: Vito Bobek & Tatjana Horvat (ed.), Business and Management Annual Volume 2023, IntechOpen.
    • Handle: RePEc:ito:pchaps:326293
    DOI: 10.5772/intechopen.113322
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    More about this item

    Keywords

    competency management; competency assessment; absorptive capacity; absorptive capacity competency; HR development;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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