A competency profile is an assessment tool that includes a list key skills that an employee needs to possess to be successful in a position, and a company may use the profile to assess how strong a potential job candidate is in each area, notes XBInsight. In addition to using this profile for hiring, companies can also use it to assess current employees and recommend developmental training.
To create a competency profile, the company looks at the activities a person in a job role does and may consult with others to determine if any additional skills may be needed in the future. Some competencies are role-specific, like the ability to lead others and set a budget for a manager role, while others are more general and can apply to several roles. General competencies may include the ability to work as a team, communicate well and perform at a high quality level, according to the University of New Hampshire Human Resources department.