Strategic Workforce Planning Under Uncertainty

<jats:p> A new study in the INFORMS journal Operations Research proposes a data-driven model for conducting strategic workforce planning in organizations. The model optimizes for recruitment and promotions by balancing the risks of not meeting headcount, budget, and productivity constraints, w...

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Main Authors: Jaillet, Patrick, Loke, Gar Goei, Sim, Melvyn
Other Authors: Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2022
Online Access:https://hdl.handle.net/1721.1/143705
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author Jaillet, Patrick
Loke, Gar Goei
Sim, Melvyn
author2 Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science
author_facet Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science
Jaillet, Patrick
Loke, Gar Goei
Sim, Melvyn
author_sort Jaillet, Patrick
collection MIT
description <jats:p> A new study in the INFORMS journal Operations Research proposes a data-driven model for conducting strategic workforce planning in organizations. The model optimizes for recruitment and promotions by balancing the risks of not meeting headcount, budget, and productivity constraints, while keeping within a prescribed organizational structure. Analysis using the model indicates that there are increased workforce risks faced by organizations that are not in a state of growth or organizations that face limitations to organizational renewal (such as bureaucracies). </jats:p>
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spelling mit-1721.1/1437052023-06-26T20:57:59Z Strategic Workforce Planning Under Uncertainty Jaillet, Patrick Loke, Gar Goei Sim, Melvyn Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science Massachusetts Institute of Technology. Operations Research Center <jats:p> A new study in the INFORMS journal Operations Research proposes a data-driven model for conducting strategic workforce planning in organizations. The model optimizes for recruitment and promotions by balancing the risks of not meeting headcount, budget, and productivity constraints, while keeping within a prescribed organizational structure. Analysis using the model indicates that there are increased workforce risks faced by organizations that are not in a state of growth or organizations that face limitations to organizational renewal (such as bureaucracies). </jats:p> 2022-07-13T15:24:00Z 2022-07-13T15:24:00Z 2022 2022-07-13T15:17:36Z Article http://purl.org/eprint/type/JournalArticle https://hdl.handle.net/1721.1/143705 Jaillet, Patrick, Loke, Gar Goei and Sim, Melvyn. 2022. "Strategic Workforce Planning Under Uncertainty." Operations Research, 70 (2). en 10.1287/OPRE.2021.2183 Operations Research Creative Commons Attribution-Noncommercial-Share Alike http://creativecommons.org/licenses/by-nc-sa/4.0/ application/pdf Institute for Operations Research and the Management Sciences (INFORMS) MIT web domain
spellingShingle Jaillet, Patrick
Loke, Gar Goei
Sim, Melvyn
Strategic Workforce Planning Under Uncertainty
title Strategic Workforce Planning Under Uncertainty
title_full Strategic Workforce Planning Under Uncertainty
title_fullStr Strategic Workforce Planning Under Uncertainty
title_full_unstemmed Strategic Workforce Planning Under Uncertainty
title_short Strategic Workforce Planning Under Uncertainty
title_sort strategic workforce planning under uncertainty
url https://hdl.handle.net/1721.1/143705
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