Why is competency mapping assuming greater importance in the functioning and effectiveness of management/ governance in organisational setups? What are the essential steps in the direction of institutionalizing competency mapping in an organization? Explain with examples from your own experiences working in an organizational setup or the ones you are aware of. Briefly describe the organization you are referring to.

Competency mapping has emerged as a critical tool in enhancing the efficiency and effectiveness of management and governance within organizational setups. In today's dynamic business landscape, the focus has shifted from mere qualifications and experience to a more nuanced understanding of an individual's competencies, skills, and behaviors. This shift underscores the relevance and significance of competency mapping in driving organizational success.

In essence, competency mapping involves identifying, assessing, and managing the key competencies required for various roles within an organization. These competencies encompass a blend of knowledge, skills, abilities, _______ _______ ______ _________ _________ __________ __________.
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