Transformation of Managerial Competencies within the Context of Global Challenges

Abstract

This contribution presents an analysis of the transformational changes in the global environment on the content of modern models of managerial competencies. Theoretical approaches to the definition of managerial competencies according to international standards are studied, and on this basis a hierarchy of competencies, within the context of their acquisition through professional training, is determined. The predictions and changes in the basic competencies of managers in the near future (2025) are analysed. Sets of general managerial (organizational) competencies (hard skills) and non-specialized supra-professional competencies (soft skills) are defined and compared. Digital competences and intercultural competences are defined as conceptually new skills required by a modern effective manager.

Predicting the Impact of Managerial Competencies on the Behavioral Outcomes of Employees in the Selected Manufacturing Firms in Nigeria

“…This means that self-management is a skill that helps managers to understand and learn the impact of self-development and the development of others within the company. Managers can learn to recognize changes in the organization and how they are able to manage this change is governed by their behavior, which can, in turn, affect the behavior of other employees in the organization [21], which is also in line with the findings of [14,20].…”

“…Concerns for the environment, economic change, global poverty, population growth, human rights and political conflict may seem intractable and overwhelming, but they certainly require thoughtful action for sustainable behavioral outcomes [10,15]. Addressing these challenges requires high-quality knowledge and thinking skills, as well as a shared cultural understanding [17,20] and awareness [11,21]. Businesses may now interact with stakeholders (customers, workers, outside consultants, etc.)…”

“…Self-management as an essential managerial competency is increasingly contributing to the personal success of a manager; it entails taking responsibility for one's own actions and behavior. Researchers such as [14,16,21] conducted research on the influence of selfmanagement competencies on employee performance. Prior studies showed a strong relationship between self-management competency and employee performance.…”

Management Education in The Context of Current Management Trends and Labour Market Changes

“…The identification of key managerial competencies was based on previously conducted studies (Bondarenko et al, 2021;Shet & Pereira, 2021). Future managers feel best prepared for teamwork and working in a virtual environment.…”

“…However, it is diversity management that is the way to improve the performance of organizations (Yadav & Lenka, 2020), so the challenge of management education in Slovakia is to strengthen diversity work. Intercultural competencies, defined as conceptually new skills, are now essential for the modern effective manager (Bondarenko et al, 2021).…”