The success of every finance function hinges on the competency of its employees. All the best financial technology and processes that money can buy will not be enough to overcome a deficiency in people. Companies that use competency assessment enjoy lower employee turnover, higher employee performance and increased sales and profits.

This course explores the competency assessment framework that enables you to manage your own career and/or manage your finance team more effectively. ;

Learning Objectives
  • Recognize how to self-assess your own strengths and weaknesses and those of your team.
  • Explore how to apply competency assessment as a performance evaluation, succession planning, and professional development tool.
  • Explore how to develop a career path using a competency assessment framework tool.
Last updated/reviewed: March 4, 2024
18 Reviews (51 ratings)

Reviews

5
Member's Profile
Well-thought out concepts and tools for self- and team assessments. Clear and engaging presentation by Mr. Cook. Great demonstration of how the competency assessment tool has been integrated into the Proformative site.

5
Member's Profile
I’m planning on implementing this model at our business. I believe it will give us a concrete blueprint for where we need to be & how to get there in terms of staff development.

5
Member's Profile
Great presentation. This course provided a good insight into the different components of competency and the guidance to carry out evaluation.

4
Anonymous Author
Very insightful and though provoking. We are only as good as our people, and this is a helpful tool for assessing and developing your team.

3
Anonymous Author
The exam questions seemed to have more than one correct answer. The answers to the questions were not clearly define in the material.

5
Anonymous Author
Excellent course on how to evaluate and measure competency in the Office of the CFO, with practical techniques and tools provided.

3
Anonymous Author
Useful information, but the theoretical frameworks are not my cup of tea - too much management-speak jargon for my taste.

5
Anonymous Author
Insightful competency model with examples provided throughout the presentation and applicable to finance departments.

5
Anonymous Author
I thought the presentation was enlightening and motivating. I will do the self-assessment.

5
Member's Profile
Excellent assessment framework; I can't wait to put this to use in my finance department!

5
Anonymous Author
Interesting topic and lots to absorb. Instructor goes through the topics very quickly

5
Anonymous Author
I was surprised on how useful competency assessment is. Very useful in my opinion

5
Member's Profile
really good model for evaluation and gap analysis. quite practical and helpful.

5
Anonymous Author
It was a very useful course for me to understand competency assessment better.

5
Member's Profile
Great course. I will find this helpful for my job performance. God bless.

2
Anonymous Author
Interesting concepts but I really did not get mych out of this course

4
Anonymous Author
Very helpful and practical course.

Member's Profile
interesting course

Prerequisites
Course Complexity: Foundational

No Advanced Preparation or Prerequisites are needed for this course. 

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
Competency Assessment
  Understanding competency7:31
  The competency map6:44
  Proficiency10:01
  Assessing competency3:55
  Interpreting the assessment11:14
Demonstration
  Competency Assessment Demonstration by David Cowan12:23
Continuous Play
  Competency Assessment in the Office of the CFO 44:02
SUPPORTING MATERIALS
  Slides: Competency Assessment for the Office of the CFOPDF
  Competency Assessment for the Office of the CFO GlossaryPDF
REVIEW and TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam