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Managerial challenges to promoting competency-based intellectual capital in emerging market economies – developing a framework for implications

Sateesh V. Shet (School of Business Management, NMIMS University, Mumbai, India)
Manlio Del Giudice (University of Rome Link Campus, Rome, Italy) (HSE University, Moscow, Russian Federation)
Hussain G. Rammal (UTS Business School, University of Technology Sydney, Sydney, Australia)

Journal of Intellectual Capital

ISSN: 1469-1930

Article publication date: 11 June 2021

Issue publication date: 17 January 2022

531

Abstract

Purpose

This study aims to explore the challenges experienced by managers in adopting competency modeling (CM) and recommends an approach to overcome these challenges in promoting competency-based intellectual capital in organizations.

Design/methodology/approach

Using in-depth interviews with organizational practitioners in India, this study identifies the challenges of competency modeling in emerging market economies.

Findings

This study identified nine contextual and eight non-contextual challenges in implementing CM practices in organizations. The framework addresses the CM challenges using direction setting, negotiation and selling, and monitoring and control dimension of implementation with behavioral, operational and change alignment aspects of CM. The framework proposes a checklist for stakeholders to help them diagnose and analyze the gaps in effective CM implementation.

Research limitations/implications

This article contributes in the concept of competency-based intellectual capital and adoption of CM practices.

Practical implications

This framework will assist the change management practitioners, human resources leaders, organizational development consultants and practitioners as a toolkit to address the challenges in the people management intervention.

Originality/value

The framework suggests a checklist for stakeholders to help diagnose and analyze the gaps in effective CM adoption.

Keywords

Acknowledgements

The article is based on the study funded by the Basic Research Program of the HSE University.

Citation

Shet, S.V., Del Giudice, M. and Rammal, H.G. (2022), "Managerial challenges to promoting competency-based intellectual capital in emerging market economies – developing a framework for implications", Journal of Intellectual Capital, Vol. 23 No. 1, pp. 85-102. https://doi.org/10.1108/JIC-01-2021-0018

Publisher

:

Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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