Application of Markov chains in managing human potentials
Human potentials make a unique foundation to every organization. Due to individuals' differences which enable a business surroundings and create competitive advantage, it is necessary to coordinate them to the mission, vision and goals set by the organization in order to satisfy the needs for s...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Croatian Operational Research Society
2020-01-01
|
Series: | Croatian Operational Research Review |
Online Access: | https://hrcak.srce.hr/file/349421 |
_version_ | 1819001696675692544 |
---|---|
author | Nikolina Žajdela Hrustek Damira Keček Ines Polgar |
author_facet | Nikolina Žajdela Hrustek Damira Keček Ines Polgar |
author_sort | Nikolina Žajdela Hrustek |
collection | DOAJ |
description | Human potentials make a unique foundation to every organization. Due to individuals' differences which enable a business surroundings and create competitive advantage, it is necessary to coordinate them to the mission, vision and goals set by the organization in order to satisfy the needs for specific knowledge and skills, and effectively realize the defined business goals. Application of Markov chains enables prediction of random variables' movements. This study shows, via a practical example, predicting the necessity for human potentials in an ICT company throughout a period of three years. |
first_indexed | 2024-12-20T22:53:19Z |
format | Article |
id | doaj.art-c94e6b70e4d843dc9b2d09e1a0ab7b43 |
institution | Directory Open Access Journal |
issn | 1848-0225 1848-9931 |
language | English |
last_indexed | 2024-12-20T22:53:19Z |
publishDate | 2020-01-01 |
publisher | Croatian Operational Research Society |
record_format | Article |
series | Croatian Operational Research Review |
spelling | doaj.art-c94e6b70e4d843dc9b2d09e1a0ab7b432022-12-21T19:24:11ZengCroatian Operational Research SocietyCroatian Operational Research Review1848-02251848-99312020-01-0111114515310.17535/crorr.2020.0012240690Application of Markov chains in managing human potentialsNikolina Žajdela Hrustek0Damira Keček1Ines Polgar2Faculty of Organization and Informatics, University of Zagreb, Varaždin, CroatiaUniversity Center Varaždin, University North, Varaždin, CroatiaFaculty of Organization and Informatics, University of Zagreb, Varaždin, CroatiaHuman potentials make a unique foundation to every organization. Due to individuals' differences which enable a business surroundings and create competitive advantage, it is necessary to coordinate them to the mission, vision and goals set by the organization in order to satisfy the needs for specific knowledge and skills, and effectively realize the defined business goals. Application of Markov chains enables prediction of random variables' movements. This study shows, via a practical example, predicting the necessity for human potentials in an ICT company throughout a period of three years.https://hrcak.srce.hr/file/349421 |
spellingShingle | Nikolina Žajdela Hrustek Damira Keček Ines Polgar Application of Markov chains in managing human potentials Croatian Operational Research Review |
title | Application of Markov chains in managing human potentials |
title_full | Application of Markov chains in managing human potentials |
title_fullStr | Application of Markov chains in managing human potentials |
title_full_unstemmed | Application of Markov chains in managing human potentials |
title_short | Application of Markov chains in managing human potentials |
title_sort | application of markov chains in managing human potentials |
url | https://hrcak.srce.hr/file/349421 |
work_keys_str_mv | AT nikolinazajdelahrustek applicationofmarkovchainsinmanaginghumanpotentials AT damirakecek applicationofmarkovchainsinmanaginghumanpotentials AT inespolgar applicationofmarkovchainsinmanaginghumanpotentials |