A dynamic manpower forecasting model for the information security industry

Sang‐Hyun Park (National Information Society Agency, Seoul, South Korea)
Sang M. Lee (College of Business Administration, University of Nebraska – Lincoln, Lincoln, Nebraska, USA)
Seong No Yoon (College of Business Administration, University of Nebraska – Lincoln, Lincoln, Nebraska, USA)
Seung‐Jun Yeon (Electronics and Telecommunications Research Institute, Daejun, South Korea)

Industrial Management & Data Systems

ISSN: 0263-5577

Publication date: 21 March 2008

Abstract

Purpose

The purpose of this paper is to develop an integrated model for manpower forecasting for the information security (IS) industry, one of the fastest growing IT‐related industries. The proposed model incorporates three critical factors (feedback structure, time lags, and a flexible saturation point) in a system dynamics (SD) simulation frame.

Design/methodology/approach

A simulation model using SD is developed for a dynamic manpower forecasting by decomposing complex processes of manpower planning into a set of feedback loops with a causal‐loop diagram. Data gathered from a Korean Government agency were utilized in the simulation for forecasting the manpower demand and supply in the context of the IS industry.

Findings

The simulation results showed an overall IS manpower shortage in the IS industry. Policy alternatives were proposed based on the simulation results. The simulation model was rerun to reflect the various alternatives to achieve a stable manpower balance between demand and supply.

Originality/value

The research provides insights into the development of effective manpower planning at the industry level (macro level), and policies to increase its efficiency and effectiveness. The research model was developed and verified using SD.

Keywords

Citation

Park, S., Lee, S., No Yoon, S. and Yeon, S. (2008), "A dynamic manpower forecasting model for the information security industry", Industrial Management & Data Systems, Vol. 108 No. 3, pp. 368-384. https://doi.org/10.1108/02635570810858778

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Publisher

:

Emerald Group Publishing Limited

Copyright © 2008, Emerald Group Publishing Limited

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