Research Reports from the Department of Operations

Document Type

Report

Publication Date

12-1-1968

Abstract

A systematic evaluation methodology has been developed which integrates some major concepts from value, utility, decision, subjective probability theories and the Delphi method for obtaining a consensus of opinions. These theories are applied to the process of evaluation of personnel for recruitment, promotions, merit raises, transfer, salary administration, training and development. The model requires and utilizes as inputs explicitly stated sets of long-range goals, short-range objectives, resource needs, evaluative criteria, weighting and utility functions, as well as the subjective judgments of appropriate evaluators. The processing of this information may be implemented by manual calculations, batch processing on an IBM 1620 computer, or by direct simulation on a large time-sharing computer system. By utilizing standard statistical procedures and the decision rule to maximize expected utility, the methodology produces the type of output information required for rational decision making.

Keywords

Operations research, Personnel management, Delphi method, Manpower planning, Employees--Recruiting, Decision making--Mathematical models

Publication Title

Socio-Economic Planning Sciences, Volume 5, Issue 6, December 1971, Pages 547-567 ; Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University

Issue

Technical memorandum no. 147

Rights

This work is in the public domain and may be freely downloaded for personal or academic use

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