Question: MARKOV ANALYSIS # 1 MARKOV ANALYSIS # 2 TRANSITION PROBABILITY MATRIX TRANSITION PROBABILITY MATRIX START START OF YEAR END OF YEAR OF YEAR END OF
MARKOV ANALYSIS # MARKOV ANALYSIS #
TRANSITION PROBABILITY MATRIX TRANSITION PROBABILITY MATRIX
START START
OF YEAR END OF YEAR OF YEAR END OF YEAR
JOB A JOB B JOB C JOB D EXIT JOB A JOB B JOB C JOB D EXIT
JOB A JOB A
JOB B JOB B
JOB C JOB C
JOB D JOB D
EXPECTED MOVEMENTS OF EMPLOYEES EXPECTED MOVEMENTS OF EMPLOYEES
END OF YEAR END OF YEAR
INITIAL # OF INITIAL # OF
EMPLOYEES JOB A JOB B JOB C JOB D EXIT EMPLOYEES JOB A JOB B JOB C JOB D EXIT
JOB A JOB A
JOB B JOB B
JOB C JOB C
JOB D JOB D
PREDICTED # PREDICTED #
OF EMPLOYEES OF EMPLOYEES
AT YEAR END AT YEAR END What is the Markov Analysis telling you in terms of supply? Are there any areas of concern or gaps? What are the external hiring needs andor gap strategies that may
be employed?
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