Title: Selection of appropriate age management measures using multi-criteria decision-making methods with interrelationships

Authors: Jiří Franek; Terezie Krestová

Addresses: Department of Business Administration, Faculty of Economics, VSB-Technical University of Ostrava, Ostrava, Czech Republic ' Department of Business Administration, Faculty of Economics, VSB-Technical University of Ostrava, Ostrava, Czech Republic

Abstract: Age management is an approach that reflects the age of employees to support organisation performance. Organisations set age management goals and try to achieve them through specific measures. To effectively apply age management, it must be aligned with the general and human resource strategy of organisations. A limitation in the implementation of age management can be found in the procedure that is vaguely described in the available literature. This paper proposes a new application of multi-criteria decision-making (MCDM) methods in the field of age management to evaluate age management goals and select the most preferred measures for a specific organisation. To evaluate age management measures, we applied AHP, ANP, and WINGS multi-criteria decision-making methods. The evidence suggests that the relationships among measures are complex, and that the application of matrix-based MADM methods is beneficial. However, the ranking of alternatives estimated by the AHP, ANP, and WINGS was identical.

Keywords: age management; human resource management; analytic hierarchy process; analytic network process; ANP; weighted influence nonlinear gauge system; WINGS; multi-criteria decision-making; MCDM.

DOI: 10.1504/IJMCDM.2023.134925

International Journal of Multicriteria Decision Making, 2023 Vol.9 No.4, pp.351 - 378

Received: 19 Feb 2022
Accepted: 20 Jan 2023
Published online: 21 Nov 2023 *

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