Chapter
Aug 14, 2017
International Conference on Construction and Real Estate Management 2016

Dynamic Management of the Real Estate Talent Level Structure Based on the Markov Chain

Publication: ICCREM 2016: BIM Application and Off-Site Construction

ABSTRACT

In order to keep real estate enterprises developing healthily and continually, the talents level structure of real estate companies must be maintained relatively stable. In this paper, a model based on Markov chain is proposed for real estate companies to carry on dynamic management of its talents level structure. The model is centered on describing the changes of talents level structure, forecasting future talents level structure, and looking for strategies in order to reach some ideal talents level structure and realize dynamic adjustment timely. In the end, many academic conclusions are drawn to improve talents level structure management.

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REFERENCES

Andrew, D.M., Kevin, M.Q. and Jong, H.P. (2011). “Markov Chain Monte Carlo in R.” Journal of Statistical Software, 42(9), 1–21.
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Steve, B., Andrew, G., Galin, J. and Meng, X.L. (2011). “Handbook of Markov Chain Monte Carlo.” Chance, 25(1), 35–39.
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Published In

Go to ICCREM 2016
ICCREM 2016: BIM Application and Off-Site Construction
Pages: 1083 - 1088
Editors: Yaowu Wang, Ph.D., Professor, Harbin Institute of Technology, Mohamed Al-Hussein, Ph.D., Professor, University of Alberta, Geoffrey Q. P. Shen, Ph.D., Professor, The Hong Kong Polytechnic University, and Yimin Zhu, Ph.D., Professor, Louisiana State University
ISBN (Online): 978-0-7844-8027-4

History

Published online: Aug 14, 2017

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Authors

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Wanhua Zhao [email protected]
Associate Professor, Dept. of Civil Engineering and Architecture, Wuhan Polytechnic Univ., Wuhan, China, 430023. E-mail: [email protected]

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