MODELLING AND SIMULATING RISKS IN THE TRAINING OF THE HUMAN RESOURCES BY APPLYING THE CHAOS THEORY

Eugen Rotarescu ()
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Eugen Rotarescu: Lucian Blaga University, Sibiu, Romania

Review of General Management, 2012, vol. 15, issue 1, 134-146

Abstract: The article approaches the modelling and simulation of risks in the training of the human resources, as well as the forecast of the degree of human resources training impacted by risks by applying the mathematical tools offered by the Chaos Theory and mathematical statistics. We will highlight that the level of knowledge, skills and abilities of the human resources from an organization are autocorrelated in time and they depend on the level of a previous moment of the training, as well as on the impact of the risk factors that can materialize in the process of the continuous training of human resources. The process of self-correlation and continuous training ensures the sustainable and qualitative development of the human resource in order to preserve its character of strategic resource of a modern organization.

Keywords: Chaos Theory; modelling; simulating; risks; continuous formation of the human resources (search for similar items in EconPapers)
JEL-codes: J24 O15 (search for similar items in EconPapers)
Date: 2012
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