Strategic Human Resources Management (HRM) is a crucial factor of companies in which knowledge plays a vital role. But Germany’s shrinking and aging population and their effects on the labor force potential within the next 10 to 15 years seem to be ignored by HR managers. Layoffs are still common practice and even early retirement schemes were common a short time ago. Supposably, managers do not have informative tools neither to evaluate ex ante specific HR strategies nor to forecast the development of stock and age structure of their workforce by simultaneously taking into account the intrasystem complexity and dynamic. This case study in progress elaborates on the underestimated effects of employee fluctuation and different recruiting policies on the value of human capital in conjunction with a detailed aging chain. The author uses the feasible ‘Transparent Human Capital Valuation’ approach to assess this human capital value and implements the approach as a co-flow within the system dynamics model. The promotion of an applicable and holistic HRM tool is both a contemporary and overdue issue.

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Date created

• 2007 July 29-2007 August 2

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

298eed5a7fe199ac661be72f3a39f134

Scope and Contents

Part of

0619e689ce89476bfd3b88323c5a9410

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives