Disadvantages Of Credentialing
The importance of capabilities validation and recognition through accreditation and certification is gaining importance in organizations, institutions, and individuals operating in an environment where business has become extremely competitive, customers fussy, and recruiters more choosy and demanding. So, credentialing has become the building blocks of the 21st century’s business and professional success. Evidenced proof of potential, capabilities, and capacities to deliver excellence is among the principal needs for businesses, organizations, professionals, and job-seekers in today's fiercely competitive market. In a report, McKinsey & Company projected a dismal outlook for the global labor market till 2020. As per the report, three types …show more content…
They mainly prefer a third-party, independent body operating with neutrality and transparency. They expect the service provider to uphold the best practices in all the aspects of credentialing like following the right process and policies pertaining to all the prerequisites for credentialing, the evaluation part, credentialing-related decisions, security for intellectual property, and the complaints and re-appeal process. Further, it is the global reputation of the credentialing body that adds weight to their …show more content…
The spread of capability recognition and certification bodies across the world has been considerably hamstrung by weak value and supply chains, which restrict their ability and increase the costs of accessing markets, conducting research & development, and preparing assessments and content, among others. Given this prevailing situation, CredForce focuses on defining the value chain of the global certification industry. Leveraging our most powerful, robust, and streamlined mechanisms and systems to cater to the industry’s requirements, we have built a transnational business services delivery system, which is probably the single largest in the world. Our system can take end-to-end care of the sheer volume of all activities virtually across all the stages of the entire value chain of the global certification, credentialing, and accreditation
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