A competency model works only if…

A) All  managers are involved

B) The process has executive sponsorship

C) An outside consultant helps implement it

D) You put some courage into it.

There is no E or All of the above, because there is a single correct answer. It’s D.

The reason why can be found over yonder at FistfulofTalent.com. (I like FOT. Notwithstanding the fact they’re letting me try out for a spot on the team, it’s still a phenomenal site with great content related to talent management. The brains behind it, who also maintains HRCapitalist.com, is a fellow named Kris Dunn. Kris has an article up today, too, on the financial worth of employees. Note to Kris: thank you.)

Jason Seiden is Co-founder and CEO of Ajax Social Media, a training company that shows professionals how use social media to work more effectively.