Strategic Prioritization of Human Resource Performance Indicators in Power Plants: A Hybrid MCDM Approach Applied to the Nowshahr Combined Cycle Power Plant
Journal Title: Journal of Organizations, Technology and Entrepreneurship - Year 2024, Vol 2, Issue 4
Abstract
In an increasingly competitive energy sector, the strategic utilization of human resources is paramount to achieving sustainable competitive advantage. The alignment between human resource management (HRM) and strategic objectives plays a critical role in enhancing organizational performance, particularly in power plant operations. This study aims to prioritize human resource performance indicators within the context of power plants by employing a hybrid multi-criteria decision-making (MCDM) approach. Through a comprehensive literature review, the key evaluation criteria—preparation, implementation, and evaluation—were identified. A mixed-method research design was adopted, integrating the Delphi method for expert consensus with a fuzzy Analytic Hierarchy Process (AHP)-Complex Proportional Assessment (COPRAS) approach for quantitative analysis. The study was conducted as an applied case study, with data collected from 15 senior experts and managers at the Nowshahr Combined Cycle Power Plant. Findings indicate that among the main criteria, the implementation dimension was assigned the highest priority, with a final weight of 0.418. Within this category, the training system emerged as the most influential sub-criterion, receiving a weight of 0.1154. Additionally, continuous performance measurement was identified as the most effective strategy for sustaining workforce efficiency. The proposed methodology provides a systematic framework for decision-makers in the energy sector to enhance human resource performance from a strategic perspective, thereby improving overall operational effectiveness.
Authors and Affiliations
Rasoul Naserhojjati Rudsari, Seyed Fakhreddin Fakhrhosseini
Keywords
Related Articles
- EP ID EP765176
- DOI https://doi.org/10.56578/jote020402
- Views 10
- Downloads 0
Navigating the Determinants of Marketing Performance in SMEs: An Integrative Systematic Review and Theoretical Analysis
The determinants influencing marketing performance in small and medium-sized enterprises (SMEs) have garnered increasing scholarly attention due to their critical role in driving economic development. SMEs face multiface...
Strategic Prioritization of Human Resource Performance Indicators in Power Plants: A Hybrid MCDM Approach Applied to the Nowshahr Combined Cycle Power Plant
In an increasingly competitive energy sector, the strategic utilization of human resources is paramount to achieving sustainable competitive advantage. The alignment between human resource management (HRM) and strategic...
Strategies for Effective Logistics Outsourcing: A Case Study in the Serbian Market
The viability of numerous businesses in today’s competitive landscape is significantly influenced by their ability to successfully implement outsourcing strategies, particularly in the realm of logistics. Despite the ext...
Directors’ and Officers’ Liability Insurance, Risk Taking, and Corporate Strategic Deviation
Directors’ and Officers’ (D&O) liability insurance is a type of professional liability insurance that provides a safety net for corporate risks. This study, using data from Shanghai and Shenzhen A-share listed companies...
Measuring Inconsistencies in Research and Development Descriptions in Annual Reports of Listed Companies
The descriptions of Research and Development (R&D) activities in the annual reports of listed companies provide crucial insights into a company’s internal governance, external competitiveness, and long-term sustainabilit...