1. A Role-aligned Competency and Learning Management System (RCLMS) for generating a set of priority lists of employees of an organization for addressing demand and supply of competencies of the employees for at least one role in the organization, the RCLMS comprising: a processor; and a memory coupled to the processor, the memory comprising: a Business and Competency Managing Module (BCMM), stored in the memory and executable by the processor, to classify a business of the organization into service technology areas and product technology areas in a database, wherein the classifying includes categorizing of the service technology areas and product technology areas into a plurality of hierarchy levels; and determine at least a focus area, a sub-focus area and a community as hierarchy levels for each of the service technology areas and for each of the product technology areas, wherein the employees possess competency relating to at least one of the hierarchy levels of at least one of the service technology areas and the product technology areas, wherein the determination is based on a plurality of weights and maturity levels to be acquired in each of a set of knowledge dimensions; a Role Managing Module (RMM), stored in the memory and executable by the processor, to determine a set of roles in the organization, each role of the set of roles being indicative of a functional job of the employees of the organization and is associated with at least one of the service technology areas and the product technology areas; and an analysis module, stored in the memory and executable by the processor, to obtain a role list comprising: at least one role from the set of roles for which demand and supply of competencies of the employees is to be analyzed; and at least one service competency and at least one product competency demanded for the at least one role; obtain a location and a time at which the at least one role in the role list is required; compute a Best Fitment Index (BFI) for each of the employees for the at least one role in the role list, based on: exact matching of competencies possessed by a respective employee with the at least one service competency and the at least one product competency demanded for the at least one role; fuzzy matching of competencies possessed by the respective employee and the at least one service competency and the at least one product competency demanded for the at least one role in at least one of a peer class of competencies and a conjugate class of competencies under the hierarchy levels, wherein an equivalence is determined by performing a check of at least one of peer class and conjugate class associated with at least one service competency and the at least one product competency; and the location and the time for the at least one role; identify employees for whom the BFI is greater than a predefined minimum percentage fit; generate the set for priority lists of the identified employees based on the BFI, availability at the location, and availability at the time, for addressing the demand and the supply of competencies of the employees for the at least one role in the role list; build a competency management framework by generating employee profiles based upon one or more user inputs to bridge a demand and supply gap; and a lifecycle module, stored in the memory and executable by the processor, to implement a lifecycle process for each competency in each of the hierarchy levels of each of the service technology areas and the product technology areas, wherein the lifecycle process defines how the each competency is created, deployed, supported, and retired in the organization, wherein the BCMM is further configured to calculate an Employee Competency Menu (ECM) for each employee, wherein the ECM comprises: a set of current competencies possessed by the each employee in at least one of the hierarchy levels of at least one of the service technology areas and the product technology areas, a current proficiency level associated with each of the set of current competencies possessed by the employee, and a proficiency weight associated with the each competency of the set of current competencies, and wherein the BCMM is further configured to calculate a Cumulative Proficiency Index (CPI) for the employee based on the ECM, wherein the CPI is indicative of a depth and a breadth of the set of current competencies possessed by the employee, wherein the depth is equal to a summation of the proficiency weight associated with each of the set of current competencies, and wherein the breadth is equal to a total number of competencies in the set of current competencies.