New Hybrid Multiple Attribute Decision-Making Model for Improving Competence Sets: Enhancing a Company’s Core Competitiveness

Kuan-Wei Huang, Jen-Hung Huang and Gwo-Hshiung Tzeng
Additional contact information
Kuan-Wei Huang: Department of Management Science, National Chiao Tung University, Hsinchu 30010, Taiwan
Jen-Hung Huang: Department of Management Science, National Chiao Tung University, Hsinchu 30010, Taiwan
Gwo-Hshiung Tzeng: Graduate Institute of Urban Planning, College of Public Affairs, National Taipei University, San Shia District, New Taipei City 23741, Taiwan

Sustainability, 2016, vol. 8, issue 2, 1-26

Abstract: A company’s core competitiveness depends on the strategic allocation of its human resources in alignment with employee capabilities. Competency models can identify the range of capabilities at a company’s disposal, and this information can be used to develop internal or external education training policies for sustainable development. Such models can ensure the importation of a strategic orientation reflecting the growth of its employee competence set and enhancing human resource sustainably. This approach ensures that the most appropriate people are assigned to the most appropriate positions. In this study, we proposed a new hybrid multiple attributed decision-making model by using the Decision-making trial and Evaluation Laboratory Technique (DEMATEL) to construct an influential network relation map (INRM) and determined the influential weights by using the basic concept of the analytic network process (called DEMATEL-based ANP, DANP); the influential weights were then adopted with a modified Vise Kriterijumska Optimizacija I Kompromisno Resenje (VIKOR) method. A simple forecasting technique as an iteration function was also proposed. The proposed model was effective. We expect that the proposed model can facilitate making timely revisions, reflecting the growth of employee competence sets, reducing the performance gap toward the aspiration level, and ensuring the sustainability of a company.

Keywords: competency model; competence set; core competitiveness; INRM (influential network relation map); multiple attribute decision making (MADM); DEMATEL; DANP (DEMATEL-based ANP); modified VIKOR (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
https://www.mdpi.com/2071-1050/8/2/175/pdf (application/pdf)
https://www.mdpi.com/2071-1050/8/2/175/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:8:y:2016:i:2:p:175-:d:64091

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().