What are "competencies" within the context of CSOD Performance?

Competencies are defined as the skills and behaviors that are essential for achieving success in a specific role within an organization. In the context of CSOD (Cornerstone OnDemand) Performance, competencies provide a framework for assessing employee capabilities and potential. They enable organizations to identify what is needed for roles across the organization and to establish standards for performance.

By focusing on competencies, organizations can enhance their performance management process by aligning employee development, performance reviews, and talent management strategies with the skills and behaviors that drive success. This approach fosters a clearer understanding of expectations across roles and helps in structuring training and development programs accordingly.

In contrast, the other options do not accurately capture the essence of competencies. Goals set by management pertain to performance objectives rather than individual skills or behaviors. Performance metrics refer to quantifiable data used to evaluate performance over time, which focuses on outcomes rather than the underlying skills needed. Specific tasks assigned to employees relate more to job functions and responsibilities rather than the broader notion of competencies, which encompass the foundational abilities and traits required for effective performance.