How does it work?

  • A finance competence framework is a listing of the professional competence elements required in finance jobs.
  • Jobs are analysed by reference to the elements and levels required.
  • People are similarly analysed.
  • This provides a list of the competence areas where the individual meets the jobs requirements and where there are gaps.
  • The gaps can be analysed for the individual across the competences, forming the basis of an Individual Development Plan.
  • The gaps can analysed by competence across the organisation, highlighting organisational exposures.

This process is an important element in developing our finance talent.”
- HR Director