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C

Calibration Bias
Please see "biases."
 
Calibration Meeting

A “calibration meeting” brings together managers (who are peers) to finalize ratings of all salaried employees within their groups. 


During these meetings, employees’ individual results are comprehensively calibrated against their peer groupand evaluated on defined criteria that include performance relative to objectives, job-scope delivery, demonstration of leadership competencies, living the company’s values, and personal development.
 
Candidate Pools

"Candidate pools" are generated from the process of engaging and grouping candidates by interest level, background, skills, and experiences.

 
Candidates
A "candidate" is the prospective person seeking or being sought for a position or role within a company.
 
Capability
A "capability" is a higher-level and more holistic attribute that concerns the capacity to use one’s competence in novel situations. This difference in terminology implies that competencies are static sets of knowledge and skills. Capabilities, by contrast, require that knowledge and skills be built upon through additional learning. While these distinctions may seem academic, their implications are not. Competencies are measurable today, whereas capabilities are what the individual could do in the future in a novel situation.
 
Capability Development
“Capability development” describes the integrated concepts of talent development, performance-driven learning, and operational training.
 
Capability Management
“Capability management” describes the integrated concepts of talent development, performance-driven learning, and operational training.
 
Capability Model

A “capability model” is generally considered to be a broader view of the total capabilities needed for success in a role, including:

  • Skills and competencies
  • Knowledge
  • Personal and individual characteristics
  • Personality
  • Cognitive abilities

It is an important tool to define successbut should be used to define a role and build development programs, providing the basis for a much simpler, higher-level set of competencies used for performance management.
 
CAPEX

Sometimes called “CAPEX,” the cost of developing non-consumable parts of the business is an expenditure that creates future value or benefit. 


This is incurred when the business spends money either to buy a fixed asset (such as a new computer or a license for an ERP application) or to add to the value of an existing fixed asset (for example, by adding more disk storage to the computer system or adding more modules to an ERP system).
 
Capstone Team
A “capstone team” is a group of people who work together on a project at the end of specific developmental programs. This team typically meets after a program to evaluate and discuss findings and results.