Company Certifications and Competencies
The acquisition of industry recognized technology and quality control company certifications around your products/services improves your market position. Through technology certification such as those from AWS or Microsoft Azure, the organization becomes acknowledged as an industry expert and leader in the area. Through quality management certifications, an organization achieves measurable improvements in client confidence, product/service satisfaction, market recognition and process efficiencies, among others.
A company may choose to obtain a competency or certification for several reasons, including:
1. Demonstrating credibility: By obtaining a certification or competency, a company can demonstrate to its customers and stakeholders that it has the necessary skills and knowledge to provide high-quality products or services.
2. Meeting regulatory requirements: Some industries have specific regulations or standards that companies must meet in order to operate legally. Obtaining the necessary certifications or competencies can help a company comply with these regulations.
3. Increasing customer trust: Customers are often more likely to trust a company that has obtained certifications or competencies, as they see it as a sign of the company’s commitment to quality and expertise.
4. Improving employee skills: Obtaining a competency or certification can also help a company improve the skills of its employees. Training and testing for a certification can help employees develop new skills and knowledge that they can use to improve their job performance.
5. Differentiating from competitors: A certification or competency can also help a company stand out from its competitors. By demonstrating its expertise and commitment to quality, a company may be able to attract more customers and win more business.
The best competency or certification for a company to get would depend on the specific industry and field in which the company operates. Some certifications may be more important for certain industries than others.
For example, if a company is in the technology industry, they may want to consider getting certifications such as ISO 27001 for information security management or SOC 2 for data privacy and security. These certifications would demonstrate to customers and stakeholders that the company takes data security seriously and has implemented appropriate measures to protect sensitive information. In the healthcare industry, certifications such as HIPAA compliance may be crucial to demonstrate that the company is following regulations related to patient privacy and data security.
Other certifications that may be valuable for companies in various industries include ISO 9001 for quality management, LEED certification for environmentally sustainable buildings, and OSHA compliance for workplace safety. Finally, some certifications are targeted at technical expertise in a certain area or platform such as AWS, Azure or OCI. These serve to demonstrate credibility, increase customer trust, and differentiate the organization from its competitors.
Ultimately, the best competency or certification for a company to get will depend on the industry, the company’s specific needs and goals, and the expectations of customers and stakeholders. It’s important to research and carefully consider the different options before deciding on a certification to pursue. In subsequent posts we will take a deeper look at AWS, as well as, other targeted technical company certifications.
Special expertise is needed to obtain these certifications and implement quality controls on time & without burdening resources. We at the BwB Advisors have helped clients gain competencies through an exact process that manages the entire effort as a well-defined project. Our advisors are seasoned professionals and past auditors who possess the required knowledge & experience to drive these initiatives, establish Key Performance Indicators, and gain the benefits of both technology and quality management certifications. BwB provides you a greater understanding of the requirements & what is needed to satisfy them, a review of the materials in advance of the audit and help through the audit itself.
Reach out for a free initial consultation to see how company certifications can help your organization and how BwB can guide on this journey by clicking here.
You can learn more about AWS Corporate Competencies by clicking here. Or you can learn more about Azure Corporate Competencies by clicking here.
June 2023 / Insights / By: Liliana Ramirez
