SUNConferences, COMA '13

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Method to Quantify Value Added and Employment Effects of Technology Shifts
Wilfried Sihn, Henrik Gommel

Last modified: 2013-08-20

Abstract


Companies are more and more confronted with a lack of skilled workers. Especially when dealing with technology shifts it is important to analyse the effects on value added and employment within companies' value added networks in order to allocate resources adequately. According to a study conducted by the Boston Consulting Group and the World Federation of People Management Associations, about 46 million additional workers will be needed till 2030, mostly highly skilled workers. Therefore one recommended course of action is the introduction of a strategic human resource planning.

This paper aims on setting up the framework for a method to determine value added and employment effects by linking technology management methods with macroeconomic models in order to quantify a company‘s future demand for workers within their strategic HR-planning. The benefits of this method firstly is the usability of the model within strategic planning and decision processes compared to existing, highly complex macroeconomic models. Secondly it builds upon technology management methods that are already broadly used in companies.


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