As companies world over face a turbulent business environment, it is ever more critical for them to be nimble footed. In a knowledge dominated world, it is the ability to scale competencies both ways, on demand, that ensures organizational agility. We refer to such an agile state as one of Dynamic Competency calibration. Achieving this state calls for maturity on multiple dimensions  resource planning, recruitment, performance management, training/competency development, and other talent related processes. Most importantly, it calls for a rigorous and real-time alignment between the business direction and the competency related initiatives on the ground.