Lili Bibilashvili, Lela Piralishvili, Nino Gonashvili
Under the aegis of East European University there has been conducted the research on comprehension and identification of the base competencies in the Georgian labour market in the conditions of the differing informational and communication mode caused by the accelerated tempo of the VUCA (volatility-uncertainty - complexity-ambiguity) world. Resulting from qualitative changes in the market and increased competition, together with education, the development of necessary competencies in parallel with learning is becoming vital. According to modern HR Management trends and practices, when recruiting, together with the technical knowledge, there is assessed the basic transfer competencies corresponding to the position and determined by the organization. The main line of the research is aligned with the basic idea of the EU and EC framework document Education and Training, 2020, in compliance with which development of the relevant and high quality knowledge, skills and competencies is carried out through delivering of continuous education and they are closely linked to employment, innovation, active citizenship and welfare. The research of the global human capital trends, conducted by the consulting company Deloitte in 20182021, served as the basis for the research. Using the quantitative survey there was studied the attitude of the postgraduates and final course students of all three levels in relation to obtaining and developing the basic competencies in the institutions of higher education. The research shows the results of the analyses carried out based on the data obtained from the focus groups involving the representatives of various clusters and the indepth interviews with the experts of the education, business and HR resource spheres. It should be mentioned that the basic competencies highlighted within the Georgian labour market are different and covers the trends current in the world only partially. Digital skills, communication skills and knowledge of foreign languages are the basic transferable skills, having been named by all players in the labour market. The remaining transferable skills are discussed in the research. The results of the research will be useful not only for the institutions of higher education, but also for employers and job seekers. The recommendations given at the end of the research can become also the part of the action plan for the institutions of higher education and the Ministry of Education and Science of Georgia.