The Approach to Industry 4.0 within the Slovak Business Environment

Adriana Grenčíková, Marcel Kordoš and Jakub Sokol
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Adriana Grenčíková: Faculty of Social and Economic Relations, Alexander Dubček University of Trenčín, Trenčín 911 52, Slovakia
Marcel Kordoš: Faculty of Social and Economic Relations, Alexander Dubček University of Trenčín, Trenčín 911 52, Slovakia
Jakub Sokol: Faculty of Social and Economic Relations, Alexander Dubček University of Trenčín, Trenčín 911 52, Slovakia

Social Sciences, 2019, vol. 8, issue 4, 1-11

Abstract: Academics, executives and top managers have solid, but also diverse, views on the Industry 4.0 issue, as do the employment policymakers. Without urgent and targeted measures to manage the short-term transition and shape the labor force with the skills needed for the future, governments will have to face increasing unemployment and social impacts, while companies will have to deal with a sluggish consumer base. The main goal of this paper is to find out how managers are perceived and informed about the Industry 4.0 concept and how quickly these views are changing. To accomplish this goal, methods such as analysis, synthesis, statistical methods and logical deduction are to used along with the conducted survey being executed by a questioner method. The conducted survey presented by the authors in this paper aims to support the discussion and open up opportunities for further action by providing views to HR managers in strategic employers who are among the leading representatives of new trends and are the key actors in the implementation of future labor development strategies in the Slovak Republic.

Keywords: industry 4.0; employment; automation; robotics; investment and financial demand (search for similar items in EconPapers)
JEL-codes: A B N P Y80 Z00 (search for similar items in EconPapers)
Date: 2019
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