What Are the 4 Core Competencies? In order to be successful, it is important to have the right skills and abilities. There are four key competencies that will help you achieve your goals.
Competence in Leadership
In order to be a successful leader, one must have the 4 core competencies:
1. empathy- knowing how someone feels and being able to understand their perspective;
2. communication- being able to express yourself clearly and effectively;
3. problem solving- being able to find a solution that works for everyone involved;
4. motivation- inspiring others towards their goals and making them feel as though they are part of the solution, not just the problem.
Competence in Decision Making
The ability to make sound decisions is essential for success in any field. In the business world, making the right decisions can mean the difference between success and failure. There are four key competencies that are essential for making sound decisions:
1. Critical Thinking
2. Problem solving
3. Decision Making
4. Business Intelligence
Competence in Systems Thinking
In the field of systems thinking, practitioners understand how complex and interconnected systems function and interact. The four core competencies for systems thinking are:
1) System Understanding: Understanding the behavior of a system as a whole, including its components and how they interact.
2) System Design: Developing a plan or blueprint that takes into account the behavior of a system as a whole, including its components and how they interact.
3) System Operation: Manipulating or controlling the behavior of a system in order to achieve desired outcomes.
4) System feedback & adaptation: Monitoring and adjusting the behavior of a system in order to maintain or improve outcomes.
Competence in Negotiation
There is no one answer to this question as negotiation skills vary depending on the individual, their business, and the specific situation. However, there are four core competencies that are essential for any negotiator:
1. Knowledge of the negotiation process: Understanding what goes into a negotiation (e.g. preparing research, gathering information), understanding how different parties negotiate (e.g. positional bargaining vs collaborative bargaining), and being aware of the different stages of a negotiation (e.g., pre-negotiation, main negotiations, post-negotiation).
2. Communication skills: Being able to effectively communicate with others in a negotiation (e.g., listening attentively and respectfully, building relationships), being able to handle difficult conversations (e.g., refusal talks/talks about counteroffers), and staying calm under pressure (i.e., “cooling off” periods).
3. Strategic thinking: Having an understanding of what’s important in a negotiation (i.e., priorities/objectives), being able to think strategically about how best to achieve those objectives within the constraints of the situation, and keeping an eye on potential consequences of actions taken in a negotiation.
4. Decision-making skills: Being able to make sound decisions in a rapidly changing, complex, and high-stakes environment (e.g., knowing when to compromise and when to stand firm, understanding the different types of decision making).
Conclusion
Having the right skills and abilities will help you achieve your goals. If you are looking to grow your career, it is important to focus on these four competencies.
