Аннотация: The article is dealt with the main points of teacher’s competences in the modern world. It is stressed that business and education experience a new conflict of generations in the whole world. The task of priority of education of the 21st century envisages orientation to the personality’s interests that will correspond to modern tendencies of the social development; to creation of preconditions for development of students’ creative abilities; to formation of the ability to adapt to changes taking place in society. It is emphasized that in conditions of modernization of the system of education a special attention is paid to realization of competency-based approach in educational process. Such tasks require global transformation of stereotypes in formation of professional competences, the change in values-based orientations and beginning of new abilities of teacher. But whatever reforms took place in the system of education, they eventually come down to a specific teacher.