This study highlights the role of competencies possessed by every employee which brings out the exemplary performance at work place with a special reference to information technology industry. This empirical study deals with the competencies such as accountability, adaptability, customer focus, inter personal skill, team work and stress tolerance and its role in bringing out the successful performance in information technology related work performance. It was found that there exists a strong relationship among the competency variables and employee performance. This study may throw light in identifying the required competencies for a job position and hence helps in training the employees to achieve the required performance which in turn increases the organizational performance.