Human Resources Readiness for Industry 4.0

Abstract

Industry 4.0 is related to major changes, particularly in production. As such changes might have major implications for the labour market; the paper focuses on the assumptions of the human capital and its preparedness for Industry 4.0 in the Czech Republic. The findings are based on EUROSTAT, MEYS, OECD, ISCED, CZSO, and WEF. Based on such data, twelve indicators were selected and described in the results. Subsequently, the correlation analysis was carried out, using the data of the Czech Republic in order to estimate which indicators are related and thus to obtain a more detailed view of areas that need to be improved. The level of computer skills in the Czech Republic are increasing. Internet connection is around 80%. The share of technical workers in the Czech Republic is in the range of 30–40%. In terms of expenditure on education, the Czech Republic belongs to the countries of the eastern region. The number of graduates of technical professions managed to catch up with the development of the European Union (EU). In terms of employment in High-tech and Medium-high-tech areas, the Czech Republic is one of the leaders in the EU. Czech students have great potential in basic computer skills.

Employee Preparedness for Industry 4.0 in Logistic Sector: A Cross-National Study between Poland and Malaysia

“…The above analyses are also confirmed by studies conducted by Vrchota et al (2020) who identified the areas that make it possible to improve the quality of human capital so that it is better prepared for the introduction of Industry 4.0. In addition, Gudanowska et al (2018) stated that employees should have both greater professional knowledge and technical skills when it comes to Industry 4.0.…”

“…Education and further professional development are also essential key factors for achieving the goals of Industry 4.0, which significantly changes the professional skills of employees in many areas (Hariharasudan and Kot 2018;Vrchota et al 2020). As noted in the research of Liczmańska-Kopcewicz and Wiśniewska (Liczmańska-Kopcewicz and Wiśniewska 2019), there is a positive correlation between the assessment of the degree of implementation of the innovation strategy, including technological innovation, and the assessment of the level of exploration and the use of knowledge about buyers and the introduction and use of new technologies.…”

Exploitation of Mineral Resources Requires Proper People: Expectations of the World’s Top Mining Companies

“…The effectiveness of the noted aspects of competition on this market is moderated by the importance of JC-WPs for potential applicant, as well as by the importance of the specific demands for jobs in comparison to the more general demands considered in the present study. Previous specialists argued that more corporations need to make their human resource management practices and the related reporting sustainable, ready to transition to the so-called "Industry 4.0", and more process oriented [87][88][89][90]. The results of the present study question whether JC-WPs of the world's top mining companies serve these needs.…”

Digital Competitiveness in the European Union Era: The Greek Case

“…Following each researcher's point of analysis, digital economy and its competitiveness have been examined through information economy (Elsner et al 2015;Sun et al 2017;Trushkina 2019), implementation of the digital market (Gupta and Bose 2019; Lutz 2019), Industry 4.0 (Dzwigoł et al 2020; Hubert Backhaus and Nadarajah 2019; Kumar and Kumar 2019;Lenart-Gansiniec 2019;Sanghavi et al 2019;Vrchota et al 2019; Zupan Korže 2019) and new sources of gaining competitive advantage (Hoła et al 2015;Kuzior et al 2019;Miśkiewicz 2019;Shank and Gott 2019;Zhao et al 2019). Such aspects, as well as many others related to digital competitiveness, have been used in competitiveness rankings (IMD 2018;WEF 2018) and the formation of the Digital Transformation Scoreboard developed by the European Union (EC 2018).…”