Economics and
Manpower Evaluation
"creating innovative solutions that impact all industries"
| Evaluation and analysis of economic and
manpower issues require knowledge and experience
of state-of-the-art methodologies for analyzing
these issues in industry, insurance companies,
the legal profession, organizations,
associations, and/or other markets being
addressed. Manpower and personnel issues range
from personnel retention and performance to
manpower models for planning and budgeting.
Evaluation of manpower and personnel issues span
many disciplines (psychology, education,
operations research, statistics, economics,
econometrics, human resources, performance
dynamics). Consider the analysis of variation in
performance of jet engine mechanics. These jet
engine mechanics function at various levels of
skill and intellectual abilities. The United
States military uses standardized aptitude
measurements in selecting those who would be best
at performing maintenance on jet aircraft.
Psychologists have studied and developed numerous
aptitude tests for selecting jet engine
mechanics. Statisticians and economists have
analyzed data about maintenance performance to
identify those factors that are best at
explaining the variation in the capabilities and
productivity of aircraft mechanics, even at the
individual task level. BRINGING ORDER OUT OF "CHAOS". Develop consistency within the work environment with International Horizons Unlimited Project Development Services. The key to evaluating manpower and personnel issues is a thorough knowledge and understanding of the institutions and systems within which the personnel work. Private corporations often offer different incentives and working conditions for personnel than exists for the U.S. military. The reality is that economic evaluation of manpower and personnel issues requires approaches that are tailored to the organization or system in which the personnel actually perform their work. |
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