- Execution Skills: (Ability to personally perform a task)
- Conceptual Knowledge: (Understanding the underlying concept -technical / functional)
- Functional Competence: (Understanding the role of the function in the organization)
- Integrative Capability: (Ability to manage function or functional task in the context of a business or organization , includes interacting & collaborating with other functional heads)
It is necessary to understand that the skill level in the hierarchy does not necessarily indicate the value of the skill itself. For example, Mr. Amitabh Bachchan's execution skills are a lot more valuable than most CEO's skills. Similarly subject matter experts provide very high value and it has been told that the supply chain manager of one of the world's leading automobile manufacturers is paid more than its CEO.
In the next post we will discuss how each level of skill is assessed.
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