A REPORT ON A STUDY ON COMPETENCY MAPPING OF THE EMPLOYEES OF RELIANCE MUTUAL FUND

Creating competency based culture and systems in organizations are the need of the hour.

This creates a demand for HR professionals to have specialized skills and have a continuous up-gradation of knowledge.

In this project an attempt has been made to evaluate the Self-Competency and the required competencies for the different roles of the employees of Reliance Mutual Fund with the help of 360- degree approach of Competency mapping.

In Reliance Mutual Fund, Jaipur, there are total number of employees are 10. They all belong to different job/task. There are five major roles performed by the employees.

Hence in total the number of responses (sample size) becomes 50. First analysis is done for Self-Competency and second is done for others ideal roles.

After the analysis we come to know that employees of Reliance Mutual Fund have awareness about Competency. They have specific skills, abilities, and knowledge etc. to perform their job efficiently and effectively. They faced challenges and accept changes but in a resistant manner so there should be well structured training schedule for their and company’s development.

On the other side all the roles (Cluster head, Banking head, Retail head, Operations head, Relationship Manager) should have different Competencies according to their specific role/task. Each of the specified roles should know his responsibilities and role to enhance the credibility and profitability of the company.

Hence, Competency mapping plays a vital role for the development of the employees as well as company.