1. bookVolume 27 (2021): Issue 4 (December 2021)
Journal Details
First Published
30 Mar 2018
Publication timeframe
4 times per year
access type Open Access

Direction of businesses operating in Slovakia to develop key managerial competencies

Published Online: 20 Nov 2021
Page range: 291 - 295
Received: 06 Jul 2021
Accepted: 02 Oct 2021
Journal Details
First Published
30 Mar 2018
Publication timeframe
4 times per year

The emerging era of the Fourth Industrial Revolution brings significant changes mainly in the sphere of development and widespread utilization of new technologies. The application of mentioned technological innovations can be found in all economy spheres, however the effectiveness of their implementation is the key to ensuring the businesses competitiveness. The authors analyse the current but also expected state of key managerial competencies as well as their application needed to maintain competitiveness in the emerging era of Industrial Revolution in businesses operating in Slovakia. The research was conducted by the questionnaire method in 1,077 companies, during the year 2020. The results of the survey show an above-average use of almost all assessed competencies as well as positive prognosis for the future, as the perception of their need of future application is even at a higher level than the present state shows.


JEL Classification

Anttila, J, Jussila, K., 2021. ISO 9004 - A stimulating quality management standard for the creative leaders of contemporary sustainable organizations. Production Engineering Archives, 27(2) 148–155, DOI: 10.30657/pea.2021.27.1910.30657/pea.2021.27.19 Search in Google Scholar

Bartuska, L., Hanzl, J., Lizbetinova, L., 2016. Possibilities of Using the Data for Planning the Cycling Infrastructure. Procedia Engineering, 161, 282–289, DOI: 10.1016/j.proeng.2016.08.55510.1016/j.proeng.2016.08.555 Search in Google Scholar

Blanchet, M., Rinn, T., Von Thaden, G., De Thieulloy, G., 2014. Industry 4.0: The new industrial revolution-How Europe will succeed. Hg. v. Roland Berger Strategy Consultants GmbH. München. Abgerufen am 11.05. 2014, unter http://www.rolandberger.com/media/pdf/Roland_Berger_TAB_Industry_4_0_2014 0403.pdf. Search in Google Scholar

European Parliament: Industry 4.0, 2015. Digitalisation for productivity and growth. online: www.europarl.europa.eu/RegData/etudes/BRIE/2015/568337/EPRS_BRI(2015)568337_EN.pdf Search in Google Scholar

Fiľa, M., Levicky, M., Mura, L., Maros, M., Korenkova, M., 2020. Innovations for Business Management: Motivation and Barriers. Marketing, (4), 267, DOI: 10.21272/mmi.2020.4-2210.21272/mmi.2020.4-22 Search in Google Scholar

Finance, A.T.C.C., 2015. Industry 4.0 Challenges and solutions for the digital transformation and use of exponential technologies. Finance, Audit Tax Consulting Corporate: Zurich, Swiss, 1–12. Search in Google Scholar

Flynn, J., Dance, S., Schaefer, D., 2017. Industry 4.0 and its Potential Impact on Employment Demographics in the UK. Advances in Transdisciplinary Engineering, 6, 239–44, DOI: 10.3233/978-1-61499-792-4-239 Search in Google Scholar

Hecklaua, F., Galeitzkea, M., Flachsa, S., Kohlb, H., 2016. Holistic approach for human resource management in Industry 4.0. In. 6th CLF - 6th CIRP Conference on Learning Factories, Procedia CIRP 54.10.1016/j.procir.2016.05.102 Search in Google Scholar

Helmrich, K., 2015. Digital Enterprise - Fertigungs- und Prozessindustrie auf dem Weg zu Industrie 4.0. Handelsblatt Journal -Sonderveröffentlichung zum Thema „Industrie 4.0 Search in Google Scholar

Hermann, M., Pentek, T., Otto, B., 2016. Design principles for industrie 4.0 scenarios. Proceedings of the International Conference on System Sciences, 3928–3937, DOI: 10.1109/HICSS.2016.48810.1109/HICSS.2016.488 Search in Google Scholar

Heynitz, H.V., Bremicker, M., Amadori, D.M., Reschke, K., 2016. The Factory of the Future: Industry 4.0- The challenges of tomorrow. KPMG AG Wirtschaftsprüfungsgesellschaft. Search in Google Scholar

Hitka, M.; Kozubikova, L., Potkany, M., 2018. Education and Gender-Based Differences in Employee Motivation. Journal Of Business Economics And Management, 9(1), 80–95, DOI: 10.3846/16111699.2017.141300910.3846/16111699.2017.1413009 Search in Google Scholar

Hitka, M., Závadská, Z., Jelačić, D., Balážová, Ž., 2015. Qualitative indicators of company employee satisfaction and their development in a particular period of time. Drvna industrija: Znanstveni časopis za pitanja drvne tehnologije, 66(3), 235–239, DOI: 10.5552/drind.2015.142010.5552/drind.2015.1420 Search in Google Scholar

Hofmann, E., Rüsch, M., 2017. Industry 4.0 and the current status as well as future prospects on logistics. Computers in Industry Journal, 89, 23–34, DOI: 10.1016/j.compind.2017.04.00210.1016/j.compind.2017.04.002 Search in Google Scholar

Ivushkina, E.B., Alieva, N.Z., Kushnir, I.B., Kalmykova, O.M., 2019. The Internet of Things as a Precondition of Development of the ICT Global Infrastructure. In Ubiquitous Computing and the Internet of Things: Prerequisites for the Development of ICT, 1003–1009, Springer, Cham.10.1007/978-3-030-13397-9_104 Search in Google Scholar

Jankelová, N. Joniaková, Z. Blštáková, J., Némethová, I., 2017. Readiness of human resource departments of agricultural enterprises for implementation of the new roles of human resource professionals. - Agricultural economics, 63(10), 461–470, DOI: 10.17221/189/2016-AGRICECON10.17221/189/2016-AGRICECON Search in Google Scholar

Jankelová, N., Mišún, J., 2021. Key Competencies of Agricultural Managers in the Acute Stage of the COVID-19 Crisis. Agriculture, 11(1), 59.10.3390/agriculture11010059 Search in Google Scholar

Kohnová, L., Papula, J., Papulová, Z., 2020. Cooperation Models for Employee Education: Analysis on Slovak and Czech Companies. Mobility Internet of Things 2018. Mobility IoT 2018. EAI/Springer Innovations in Communication and Computing, Springer, Cham, ISBN 978-3-030-30910-7, DOI: 10.1007/978-3-030-30911-4_2210.1007/978-3-030-30911-4_22 Search in Google Scholar

Krajcovicova, K., Caganova, D., Cambal, M., 2012. Key managerial competencies and competency models in industrial enterprises. In Annals of DAAAM for 2012 & Proceedings of the 23rd International DAAAM Symposium, 23(1), 1119-1122.10.2507/23rd.daaam.proceedings.261 Search in Google Scholar

Kucharčíková, A., Tokarčíková, E., Blašková, M., 2015. Human Capital Management – Aspect of the Human Capital Efficiency in University Education. Procedia - Social and Behavioral Sciences, 177, 48–60, ISSN 1877-0428, http://www.sciencedirect.com/science/article/pii/S1877042815016869#10.1016/j.sbspro.2015.02.332 Search in Google Scholar

Liang, Z., Howard, P.F., Leggat, S., Bartram, T., 2018. Development and validation of health service management competencies. Journal of health organization and management.10.1108/JHOM-06-2017-0120 Search in Google Scholar

Lorincová, S., Hitka, M., Štarchoň, P., Stachová, K., 2018. Strategic instrument for sustainability of human resource management in small and medium-sized enterprises using management data, Sustainability, 10(10), 3687, DOI: 10.3390/su1010368710.3390/su10103687 Search in Google Scholar

Mandičák, T., Mésároš, P., Behún, M., Behúnová, A., 2020. Development of Digital and Managerial Competencies and BIM Technology Skills in Construction Project Management. In New Approaches in Management of Smart Manufacturing Systems, 159–175, Springer, Cham.10.1007/978-3-030-40176-4_10 Search in Google Scholar

McKinsey, 2016. Industry 4.0 after the initial hype, Where manufacturers are finding value and how they can best capture it. Search in Google Scholar

PAC-IT, 2013. Trends in der Automobil - IT-Investitionspläne in Deutschland, online: https://www.pac-online.com/industrie-40-der-automobilindustrie-aktuell-noch-geringe-bedeutung Search in Google Scholar

Papula, J., Kohnová, L., Papulová, Z., Suchoba, M., 2019. Industry 4.0: Preparation of Slovak Companies, the Comparative Study.Smart Technology Trends in Industrial and Business Management. EAI/Springer Innovations in Communication and Computing.Springer, ISBN 978-3-319-76998-1, DOI: 10.1007/978-3-319-76998-1_810.1007/978-3-319-76998-1_8 Search in Google Scholar

Potkany, M., Stachova, K., 2015. Required skills and abilities of facility manager on strategic level of managing in Slovak companies. In: Economic Annals-XXI, 3–4(1), 55–59. Search in Google Scholar

PWC, 2014. Industry 4.0, Opportunities and challenges of the industrial internet. Search in Google Scholar

Rüßmann, M., Lorenz, M., Gerbert, P., Waldner, M., Justus, J., Engel, P., Harnisch, M., 2015. Industry 4.0: The future of productivity and growth in manufacturing industries. Boston Consulting Group, 9(1), 54–89. Search in Google Scholar

Rutherford, T. D., & Frangi, L. (2020). Is Industry 4.0 a Good Fit for High Performance Work Systems? Trade Unions and Workplace Change in the Southern Ontario Automotive Assembly Sector. Relations Industrielles/Industrial Relations, 75(4). Search in Google Scholar

Schaeffer, E., 2017. Industry X.0: Realizing Digital Value in Industrial Sectors. Redline Verlag, Munchen. Search in Google Scholar

Sgarbossa, F., Grosse, E.H., Neumann, W.P., Battini, D., Glock, C.H., 2020. Human factors in production and logistics systems of the future. Annual Reviews in Control, 49, 295–305, DOI: 10.1016/j.arcontrol.2020.04.00710.1016/j.arcontrol.2020.04.007 Search in Google Scholar

Shaev, Y., Samoylova, E., 2017. The Internet of Things as socio-Technological Institution of Civil Society in post-Informational Era. In:Conference: 2nd International Conference on Computer and Communication Systems (ICCCS) Location: Kracow, Poland date: Jul 11–14, 2017 DOI: 10.1109/CCOMS.2017.807528410.1109/CCOMS.2017.8075284 Search in Google Scholar

Shum, C., Gatling, A., Shoemaker, S., 2018. A model of hospitality leadership competency for frontline and director-level managers: Which competencies matter more? International Journal of Hospitality Management, 74, 57–66.10.1016/j.ijhm.2018.03.002 Search in Google Scholar

Stacho, Z. Stachová, K., 2017. Organizácia manažérskej práce. Bratislava: Wolters Kluwer. Search in Google Scholar

Stacho, Z., Stachova, K., Papula, J., Papulova, Z., Kohnova, L., 2019. Effective Communication in Organisations Increases Their Competitiveness. Polish Journal of Management Studies, 19(1), 391–403, DOI: 10.17512/pjms.2019.19.1.3010.17512/pjms.2019.19.1.30 Search in Google Scholar

Stanek, P., Pauhofova, I., 2016. Adaptačné procesy a pulzujúca ekonomika v cylke paradigmy zmien v 21. storoční, EU SAV, Bratislava. Search in Google Scholar

Stock, T., Seliger, G., 2016. Opportunities of Sustainable Manufacturing in Industry 4.0. Procedia, CIRP 40, 536–541, DOI: 10.1016/j.procir.2016.01.12910.1016/j.procir.2016.01.129 Search in Google Scholar

Tomek, G., Vavrova, V., 2017. Prumysl 4.0 aneb nikdo sam nevyhraje. Pruhonice: Professional Publishing. Search in Google Scholar

Wang, S., Wan, J., Zhangb, D., Lia, D., Zhanga, C., 2016. Towards smart factory for industry 4.0: a self-organized multi-agent system with bigdata based feedback and coordination. Computer Networks, 101, 158–168, DOI: 10.1016/j.comnet.2015.12.01710.1016/j.comnet.2015.12.017 Search in Google Scholar

Recommended articles from Trend MD

Plan your remote conference with Sciendo