An organization wants to choose the best technique for tracking the number of individuals who move annually between various job levels in the organization.Which HR planning method would it choose?

Question

Quizplus · Accepted Answer

The Markov model is the best option for tracking the number of individuals who move annually between various job levels in the organization. This statistical method uses transition probabilities to predict movement between different job levels. It can help to identify patterns and trends in employee movement, which can be used to develop effective HR planning strategies. The Delphi technique is more suitable for forecasting future trends and involves expert opinions, whereas succession planning focuses on identifying and developing potential future leaders in the organization. Trend analysis, on the other hand, looks at past data to identify patterns and trends over time, but may not be as effective as the Markov model in predicting future employee movement.

An Organization Wants to Choose the Best Technique for Tracking