Organizational and economic mechanism of the functioning of a competent organization

In the article, methodological aspects of forming the organizational and economic mechanism for the functioning of a competent organization are examined. The concepts of «organizational and economic mechanism», «competent organization» and «organizational and economic mechanism for the functioning of a competent organization» are defined. An author’s definition of a competent organization is proposed as an organization that possesses the necessary knowledge, skills, and resources to achieve its goals, effectively utilizes its assets to create value for stakeholders (customers, employees, shareholders, society) through the implementation of innovations, while maintaining its competitive positions under the influence of external and internal environmental factors. The main characteristics of a competent organization are highlighted (presence of a clear strategy, strong leadership, effective processes, competent employees, high level of organizational culture, result orientation). A conceptual scheme of the organizational and economic mechanism for the functioning of a competent organization is proposed, which includes the following elements: object, subject, goal, tasks, principles (general management principles, general principles of organization functioning, specific principles of competent organization functioning), support subsystems, functions, means of management influence (approaches, methods, levers, tools), three basic components (organizational, economic, competency-based). Specific principles of the functioning of a competent organization are defined. The essence and features of the competency-based approach in organizational management are considered. The competency-based approach is an effective tool for improving organizational management efficiency and developing its personnel, ensuring quick adaptation to changes in the external and internal environment. Digital management tools are systematized, the use of which will allow the organization to improve operational efficiency, adapt more quickly to the impact of external and internal factors, and ensure market competence. Keywords: competent organization, competence, organization development, organization management, organizational and economic mechanism, functioning of a competent organization, management principles, competency-based approach, digital tools.