Application of Markov Chain Model to Corporate Manpower Planning: A Nigeria Local Government Hub Example

Abstract:

A corporate manpower planning study, seeking to gain insight into, and hence, attempt tounwrapthe wider meanings of a long-run manpower practice inherent in a set of data obtained from one of the 774 Local Government Organizations in Nigeria, was conducted. The data which spanned over a period of twenty years, relate to six states recruitment, staff stock, training, interdiction, wastage, and retirement and, in particular were found to possess Markov properties, especially stochastic regularity, and therefore had absorbing Markov Chain model fitted into the set. Our results suggest that staff habituate substantial number of times (47) among non-absorbing states before subsequent absorption into any of the two absorbing states. And, again, 52% of the workforce gracefully attain retirement while 48% regrettably get wasted. Agreeably, it seemed that the absorbing Markov Chain model employed has established a definite pattern of manpower flow in the organization as a sure-thing principle rather than a chance mechanism.

• Periodical: Advanced Materials Research (Volume 824)
• Pages: 514-526
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.824.514
• Online since: September 2013
• Authors: A.C. Igboanugo
• Keywords: Absorbing State, Fundamental Matrix, Manpower Planning, Markov Chain, Wastage

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