4Th Young Scientists Workshop on Agricultural Development in Central and Eastern Europe

4th Young Scientists Workshop on Agricultural Development in Central and Eastern Europe

September 4-6, 2006

IAMO, Halle (Saale), Germany

Who should be chosen, without subjective judging, in case of a dismissal?

Szent István University – Gödöllő / Hungary

Erika Orosz 1 - Véghné Dr. Bálint Katalin2

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Management and Business Administration PhD School 1 -Department of Bookkeeping and Accounting 2

Keywords: to be redundant, human knowledge capital, COCO-method

Abstracts

Outsourcing, reorganizing, owner changing becomes more and more common as the proportion of the competitive sphere is increasing, cost-and labor reduction also reside.

Organizations cannot guarantee the sure employment as they did in the past, often very skilled fellow-worker are losing their jobs. Valuable, experienced fellow-worker with great work-experience are giving patterns for the members of an organization. With the dismissal of the workers companies are losing their human knowledge capital and all of their invested training cost. In this case there is a big loss in the human capital (e.g. We are losing valued people through retirement, cutback or reorganization) and apparently nothing is happening. The individual knowledge, organization-culture are incomprehensible assets of the organization, the knowledge capital is a great treasure. In so far is it necessary to dismiss an employee decision makers usually rely on figures and other subjective factors, which accompanied by great responsibility.

It is very hard for some decision makers to cope with choosing people for dismissal. They would rather shift the responsibility while others rely on figures ending with wrong decision. Are they really firing the least efficient workers? Did decision makers really look behind the figures?

The aim of this study is to introduce a method and analyse using this method (COCO). This gives a possibility for forecasting without any programming knowledge and establish of choosing among objects (employees, knowledge capital).

We ought to pay attention to the great potential of the new organizational capital (knowledge capital), which are also the resource of the sustainable development and the key factor of the economical success in the future.