In this spirit, competency is the overall ability to generate success, satisfaction, value and excellence from the application of knowledge. A competent person would achieve the desired outcomes consistently, efficiently, every time or more often than not, satisfying or exceeding the expectations of the clients over varying circumstances. Competence is defined by the European Commission as the capacity to use effectively experience, knowledge and qualifications. We refer to the totality of the abilities, know-how and attributes that empower people to successfully and consistently perform duties assigned under a role as competence. During and post transition, knowledge resources such as know-how, expertise and innovation will increasingly be regarded as critical economic resources. The foremost contemporary management visionaries have labelled today’s global economy as one in transition towards a “knowledge economy”. Given the role of the human agents and the pervasive interconnectedness and complexity of most modern products, processes and systems, we propose a radical shift of emphasis from hardware, software, products, systems and process/testing to the human attributes and operations that conceive, design, develop and deploy complex products and services.
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