Manpower Planning – Theoretical Perspectives of Utility Theory and Models

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Manpower Planning – Theoretical Perspectives of Utility Theory and Models

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Abstract

Manpower Planning is an obvious and extremely critical function of some inter-related, explicit, operational, and functional Factors of an organization’s overall people resource attributes, methodology and strategic initiatives. In India, the employment, competence functions, manpower planning and execution decisions, models and implications of them at the micro and macro environments of the organizations have still some role to play. Manpower planning models have been evolved to cater situational necessities of the workforce and at the same time leaves the scope of in-depth review and analysis of their limitations and corrective aspects. The reflections of utility analysis and allied assessment of costbenefits also clarify the usage of alternative utility functions through systematic and logical approaches. The in-depth analysis and managerial perceptions on the analysis of outcomes have Significant roles in successful implementation of any manpower planning models in any given strategic corporate environment.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Arindam Chatterjee, Dr. Sriparna Guha. 2019. "Manpower Planning – Theoretical Perspectives of Utility Theory and Models". Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 19 (GJMBR Volume 19 Issue A4).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-A Classification JEL Code: M10
Version of record

v1.2

Issue date
May 3, 2019

Language
English
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Manpower Planning – Theoretical Perspectives of Utility Theory and Models

Arindam Chatterjee
Arindam Chatterjee
Dr. Guha
Dr. Guha