Tulay Bozkurt

In today’s fast changing environmental conditions are transforming the ways of conducting business for individuals and organizations. Such a fast changes together with ups and downs in the economy increase the uncertainty in the business world. Adapting to these conditions requires different approaches and abilities. Since the past experience and success stories can be trivial to sustain in this transition periods. Furthermore being a competent person, having excellent leadership skills and other superior performance characteristics of a business professional can be insufficient to achieve successful outcomes. Such a major changes refers “New World Order” for every piece of business life. Effects of the environmental changes on the individuals bring more risks and different responsibilities. It also accelerates the necessity of adapting new situation. At this point the arising question mark is which individual characteristics are vital to gather successful outcome for today and for the future in the conditions of uncertainty and change.  In this study effect of the environmental sources as external influencing factors to the individual’s competencies which is effective to gather the successful outcome at workplace searched and proposed in a new competency set. In addition various definitions, approaches, methods and stages of competency modeling and the relationship with human resource management functionalities explained at the beginning of the study.