What Is Lean Control

question 75

Essay

What is lean control

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Definitions:

Markov Analysis

A statistical technique used to predict future states of a system based on its current state and known transition probabilities, often applied in workforce planning and decision making.

Talent Management

The ongoing process of identifying, hiring, developing, and retaining employees who are considered to be of high value to an organization.

High Potential

Individuals identified within an organization who have the ability, engagement, and aspiration to rise to and succeed in more senior, critical positions.

Human Resource Surplus

A situation where there are more employees available within an organization than necessary, often leading to downsizing or layoffs.