Abstract
Abstract. The article identifies key factors influencing the labor market. The economic meaning of the concept’s «competence», hard skills, soft skills, their importance in the professional activity of the top manager has been investigated. The main advantages of hard and soft skills of the top manager have been ascertained. It has been proven that in contrast to hard skills, soft ones allow a manager to perform managerial functions (make decisions, organize and manage teams, large teams, negotiate effectively, delegate authority successfully, assign priorities, manage time, prevent conflict situations); increase the level of competitiveness of the firm; create new jobs; create financial, organizational prerequisites to meet the personal needs of employees. A method to determine the level of competence of managers has been developed, it will assess the level of their professional skills and its impact on the success of the organization. It has been substantiated that the implementation of managerial competencies creates the prerequisites for increasing the competitiveness of the firm by making considered strategic decisions, conducting competent analytical work on the strengths and weaknesses of competitors, creating a favorable psychological climate, reducing a staff turnover. Keywords: managerial, management competencies, soft skills, hard skills, employment, competitiveness, personal needs, labor market JEL Classification M53 Formulas: 3; fig.: 2; tabl.: 1; bibl.: 21.
Highlights
It has been proven that in contrast to hard skills, soft ones allow a manager to perform managerial functions; increase the level of competitiveness of the firm; create new jobs; create financial, organizational prerequisites to meet the personal needs of employees
In our opinion, when determining the managerial competencies of the leader, it is advisable to take into account their impact on the competitiveness of the firm, creating new jobs, meeting the needs of the organization and employees, the balance between Hard Skills and Soft Skills
For each of the variables we propose to assess the degree of the skill development on a scale of 0 — the skill is not expressed; 1 — the skill is weakly expressed; 2 — moderately expressed competence, it is formed and inherent to an experienced manager); 3 — possession of a skill at a high level
Summary
A method to determine the level of competence of managers has been developed, it will assess the level of their professional skills and its impact on the success of the organization. To give a theoretical substantiation of the formation and development of managerial competencies of managers, to trace their impact on the labor market of Ukraine and to develop proposals for their practical use to increase the competitiveness of enterprises.
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