Predicting success of trainees

Reference no: EM131011811

Predicting success of trainees

What distinguishes managerial trainees who eventually become executives from those who, after expensive training, don't succeed and leave the company? We have abundant data on past trainees-data on their personalities and goals, their college preparation and performance, even their family backgrounds and their hobbies.

Statistical software makes it easy to perform dozens of signi?cance tests on these dozens of variables to see which ones best predict later success. We ?nd that future executives are signi?cantly more likely than washouts to have an urban or suburban upbringing and an undergraduate degree in a technical ?eld.

Explain clearly why using these "signi?cant" variables to select future trainees is not wise. Then suggest a follow-up study using this year's trainees as subjects that should clarify the importance of the variables identi?ed by the ?rst study.

Reference no: EM131011811

Questions Cloud

Encyclopedic information on the market/country of interest : Marketing (select a product/service) In (select an international market) This type of a paper will contain the analysis of the market environment, proposed market segments and the marketing mix. One should, at the beginning of the course gather some ..

Will you assume independence : In which of the following games of chance would you be willing to assume independence of X and Y in making a probability model? Explain your answer in each case.

A manufacturer of exercise equipment purchases : A manufacturer of exercise equipment purchases the pulleysection of the equipment from a supplier who lists these prices: less than 1000, $5.9 each; 1,000 to 3,999, $5.5each; 4,000 to 5,999, $5.0 each; and 6,000 or more, $4.6 each.

What ethical dilemmas do marketing professionals face : What ethical dilemmas do marketing professionals face in gathering information on customer bases through smartphones and social media

Predicting success of trainees : What distinguishes managerial trainees who eventually become executives from those who, after expensive training, don't succeed and leave the company?

Reflect upon the author opinion : Reflect upon the author's opinion.Synthesize a response to the following question: Do you agree with the author that the U.S. Dollar will remain the global currency?

Summarize the major reform principles of any three titles : How do unethical accounting practices affect internal and external stakeholders? Summarize the major reform principles of any three titles

Sunk costs and decision making : Alyssa has plans to go to a movie and already has a $10 nonrefundable, nonexchangeable, and nontransferable ticket. Now Tim, whom Alyssa has wanted to date for a long time, asks her to a party. Alyssa would prefer to go to the party with Tim and forg..

Why is the technological environment : Why is the technological environment such a dramatic force in todys market

User Account

All Pages