What HR planning technique uses a matrix of historical probability ratios to forecast the internal movement of employees across jobs, promotions, and exits over time?

Explanation

• Markov Analysis is a quantitative HR supply forecasting tool using historical transition probabilities to track employee flow into, through, and out of positions.
• It helps HR predict internal candidate availability across organizational job levels.
• Replacement charts provide qualitative insights, while Markov analysis yields mathematical supply figures.