Sho Kawasaki, Genso Watanabe, Takenori Takahashi

(Mejiro University, Japan)

 

 

Abstract: The career checkup developed by the Ministry of Health, Labor and Welfare promises to be useful as a diagnostic tool to objectively understand, to the extent possible, the current situation and challenges in human resources development from the standpoint of how best to aid career development within companies. The study has a two-fold purpose. The first is to analyze data from the career checkup using the quantitative and mathematical methodologies of selective multigroup principal component and ridge regressions to determine the optimal form of career development assistance to influence employees’ awareness of their occupations. The second is to compare analytic results with ridge estimates in order to verify the applicability of selective multigroup principal component regression, and based on an understanding of the characteristics of these methodologies, to propose career development assistance policies from the analytical results.

 

 

Key words: selective multigroup principal component; ridge regressions; career development; career checkup

JEL code: L2