Competency

I had lectured about competency today. I have heard about the word "Competency", but I have never heard about the meaning.

The coach was whom teaching at some university, and also he is working as a consultant at the Watson Wyatt.

Simply saying, the meaning of the word competency is "the process to compete or finish something.

The competency seems to be same as the ability to do something, but it is quite different thing, because the competency is based on the results. Actually, the ability can be evaluated without results.

I realized that I should be careful about the results and the process to compete that.