What is it about?
Human capital is a strategic resource which is bringing long-term performance for organization; this is the reason it is described and monitored using simulation and modeling, in order to see that HC is an investent, and not a cost. For more info, we invite you to read this interesesting chapter wrote by two specialists: in HRM and in Accounting.
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Why is it important?
If you want long-term results you must invest in people! Thus, the chapter is showing this using simulation and mathematical modeling.
Perspectives
This chapter is based on collaboration between two university teachers and two specialists in different but inter-related fields: HRM and Accounting. Hoping that our mathematical model used in this chapter convince other interseted persons that simulation is cost-effective and bring many benefits for any organization who wants to improve performance.
Florea Nicoleta Valentina
Read the Original
This page is a summary of: Using Modeling and Simulation Techniques to Improve the Accountability and the Performance of Human Resource Management, IGI Global,
DOI: 10.4018/978-1-5225-3226-2.ch004.
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