Knowledge
& Skills needed by Individuals, Corporations
& the State
Corporations:
Professional
skills development norms-
Continuely invest in high quality training and development
schemes
Recruit individuals from the industry who can bring their commercial
expertise.
A corporate should follow a regime with the purpose:
ุTo define the competence
standards which firms should achieve;
ุTo ensure staff have and
continue to have the knowledge and skills
necessary to carry out their roles; and
ุTo ensure that consumers
are appropriately protected and have confidence in the firms which they deal with.
Organisations should also ensure that:
ุEmployees are competent
for their roles;
ุEmployees remain competent
for their roles;
ุEmployees are
appropriately supervised;
ุEmployees competence are
regularly reviewed;
ุThe level of
competence is appropriate to the nature of the business;
and
ุThe obligation to society
is fulfilled with an appropriate CSR program.
