Dynamics of human resource and knowledge management

K Hafeez () and H Abdelmeguid
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K Hafeez: School of Computing and Management Sciences, Sheffield Hallam University
H Abdelmeguid: Faculty of Engineering

Journal of the Operational Research Society, 2003, vol. 54, issue 2, 153-164

Abstract: Abstract Recent transitions from the industrial to knowledge economy suggest an immediate and wholesale retraining scenario so that many organisations can remain at the cutting edge of technology. The dynamics of the job market is creating a challenge for many organisations in recruiting and retaining their core staff. In fact, many companies are in fear of losing critical business knowledge when their employees leave. In this paper, systems dynamics is employed to illustrate the relationship between recruitment, training, skills, and knowledge in a causal loop form. Strategies for human resource management are developed by conducting time-based dynamic analysis. We anticipate that systems dynamics modelling would help organisations to devise efficient human resource management strategies.

Keywords: knowledge management; intellectual capital; human resource; core competence; systems dynamics (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (11)

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DOI: 10.1057/palgrave.jors.2601513

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