 Workforce skill-enhancement policies in manpower systems: modelling, analysis, and structural controlKannan Nilakantan International Journal of Mathematics in Operational Research, 2024, vol. 29, issue 1, 109-143 Abstract: This paper takes up the mathematical modelling of some recent skill-enhancement policies adopted in organisations for enhancing the skill levels of their employees using Markov modelling techniques. Three such policies or scenarios that organisations encounter or adopt are examined, viz.: 1) regular training of employees; 2) institution of 'time-bound promotions' in their lowermost echelons with a view to attract the best talent from the market; 3) adoption of 'periodic' policies to better adapt to seasonality and cyclic variations in their business requirements. These policies are mathematically modelled and their long-term behaviour and effect on the system structure are derived. A control analysis of the system structure under the influence of these policies is also presented. And concomitantly, it is found that 'proportionality-based recruitment control' policies show promise as a tool for structural control when such policies are in force. Keywords: skill-enhancement policies; time-bound promotions; regular training policies; periodic policies; proportionality-based recruitment control; Markov manpower systems. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmore:v:29:y:2024:i:1:p:109-143 Access Statistics for this article More articles in International Journal of Mathematics in Operational Research from Inderscience Enterprises Ltd |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.