Human resource is a term which means a group of persons who have acquired some particular skill or expertise to undertake a particular type of job. The term “Human Resource Planning” refers to the rather complex task of forecasting and planning for the right numbers and at the right kinds of people at the right places and the right time to perform activities that will benefit both the organization and the individuals in it”. Human resource development is an important aspect of study and the human resource planning has to be done taking into consideration the dynamic of manpower availability and requirements. Manpower planning techniques have become an essential tool for the modern managers, especially in a climate of economic recession and government cut-backs. Manpower planning is an interdisciplinary activity. It requires the combined technical skills of statisticians, economists and behavioural scientists together with the practical knowledge of managers and planners. At the national level, manpower planning aims to make the best use of the nation’s human resources. This involves the attempt to forecast the demand and supply for people with various skills and qualifications and to bring them into balance. With advancement of civilization, science and technology, manpower is required to deal with complex problems of varying nature in different areas of real life, of course required with specialization and skill. All these associated problems of manpower requirements warrant a systematic approach to the study of human resource planning. The study of manpower planning has gained more and more momentum at the turn of 1980’s. This subject has occupied an important place in business management and human resources development. With the growing advancement of civilization and greater need for highly specialized and technical manpower to deal with very complex real life situations, suitable policies regarding recruitment, training and other aspects should be evolved taking into consideration all the existing ground realities. The study of this subject has become more scientific with greater exactitude by the application of mathematical and stochastic analysis. In this context, it is book mainly developed several Stochastic models with existing ground realities using human resource management. This book offers ten chapters which comprises of various stochastic models for human resource management. As such the stochastic models discussed in different chapters of the thesis is applicable not only to the software industry but also in a wider context.
Prof. Dr. R. Elangovan, M.Sc., M.Phil., Ph.D. (Statistics), M.Ed (Education), M.B.A., Ph.D. (Business Administration) from Annamalai University. Graduated during 1982 and competed M.Sc. (Statistics) during 1984. Completed M.Ed. in Education during 1994 and M.B.A. (Business Administration) during 2013 from Annamalai University. He has been awarded Ph.D. in Statistics during 2000 and Ph.D. in Business Administration during 2021 from Annamalai University. He has 33 years of PG teaching experience at Annamalai University. Currently he is working as a Professor, School of Management at SASTRA Deemed University, SASTRA, Thanjavur, Tamil Nadu. He has published 79 papers in International, 31 papers in National journals and 20 papers in Conference proceedings, 30 papers in Scopus/Web of Science/ UGC care referred journals. A total of 160 papers published. Visited countries USA (Five times), France, Paris, Nantes, U.K., U.A.E, Sri Lanka, China, Hong Kong in connection with delivering talks in the International Conferences, and in connection with Annamalai Univerity Examinations. He did his Leadership Academicians Program (LEAP), domestic phase at I.I.T. Varanasi and International National Phase at Judge Business School, Cambridge University, London, U.K. during 2019 and 2020. He has an excellent record of guiding 24 students and awarded Ph.D. since 2009, 43 students awarded M.Phil. since 2001. He delivered 80 invited talks in connection with international conferences India and abroad. He has presented 102 papers in the National Conferences and 40 Webinar/Workshop/Seminar/Colloquium attended. He has chaired 40 sessions in the National and International Conferences in India and Abroad. He has received the Dr. Radha Krishnan Best Teacher National Award during 2020. He has received the Ratna Prasad Multidisciplinary Research and Education Society Iconic Professor and Research Award during January 2023. Recently he has received the Peter Drucker Legendary International Education and Research Excellence Award 2024 in Business Administration. He has organized two National Conferences and one Workshop sponsored by CSIR, UGC, New Delhi during 2002, 2018 and 2019. He has organized three days International Workshop sponsored by NBHM, Department of Atomic Energy, Government of India during 2014. He has organized two days faculty training programme and one day “Hands on Experience SPSS” during 2015. He was the coordinator for UGC-SAP-DRS I Programme during April 2016 to March 2022 and DST-FIST during March 2018 to February 2021. He has worked as a Statistician in Aravind Eye Hospital, Madurai during 1987 to 1988, as an Assistant Technical Officer in Christian Medical College, Vellore during 1988 to 1989 before joining as a Lecturer, Annamalai University during 1990 as a Lecturer. Currently he is working as a Professor, School of Management, SASTRA Deemed University, SASTRA, Thanjavur. He has gained the reputation of being an Excellent teacher and researcher.
Dr. E. Susiganeshkumar is a distinguished statistician specializing in Stochastic Processes and its Applications, having completed a Ph.D. in Statistics at Annamalai University since October 2011. He began his academic career as a Lecturer-cum-Statistician at Sri Venkateshwara Medical College and Research Centre, Ariyur, Puducherry from November 2008 to June 2015. Later moving to Periyar Government Arts College, Cuddalore, where he served as an Assistant Professor and Head in the Department of Statistics from July 2015 to till date. He is serving as a Research Supervisor and has nearly 20 International publications and 15 National publications. Research interests span the application of Stochastic Processes reflected in their extensive publications and ongoing research endeavours. He is dedicated to inspiring and educating students and colleagues alike, driven by a passion for statistics and a commitment to excellence in research.
1 Introduction ..........................................................................................1
2 Predicting the Growth of Manpower for the Tamil Nadu Software Industry...............................................................................17
3 Analysis of Flows in a Manpower System with Particular Reference to Tamil Nadu Software Industry...............45
4 Prediction of Manpower Wastage in Tamil Nadu Software Industry Using Cox’s Regression Approach..................................57
5 A Stochastic Model for the Prediction of Staffing Structure with Special Reference to Tamil Nadu Software Industry...........71
6 A Stochastic Model for the Prediction of Manpower Using Incomplete Manpower Data in Tamil Nadu Software Industry...............................................................................79
7 Markov Model for Prediction of Wastage in Manpower Planning...............................................................................................85
8 A Stochastic Model for Estimation of Expected Time to Recruitment with Two Sources of Depletion of Manpower........93
9 On the Determination of Optimal Manpower Reserve at Three Nodes in Series ......................................................................105
Bibliography......................................................................................119
