Developing a Simulation Model to Assist Human Resource Management of Construction Companies

Abstract

It is feared that “2007 problem” advances on the time of a large amount of retirement of the baby-boom generation. The loss of the technical capability by the retirement of veteran engineers could cause not only the depression of each company's competitiveness but also the whole industry's decline. This problem should have been able to be foreseen, but it was not able to be done for lack of a mid/long-term human resources management.
In this thesis, we developed a simulation model to forecast how the talent's growth and the performance of companies changes with the strategy of the human resources management. By using this simulation, we analyzed the relationships between the human resources management, the personal growth, and the performance of each company. Finally we proposed a human resource management that should be taken especially to deal with “2007 problem”.