Models of Application Economic Value Added in Automotive Company

Malichová, Eva; Ďurišová, M; Tokarčíková, Emese

doi:10.20858/tp.2017.12.3.9

Cited by 15 publications

(14 citation statements)

References 8 publications

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“…This, together with material, finance, and information, is part of the company's resources [25]. If we consider it a quality aspect of human labor, then it is part of the company's production inputs [26,27]. According to the new theory of economic growth, HC, together with work, physical capital, and natural resources is seen as a source of extensive economic growth [28].…”

Section: Introduction and Theoretical Backgroundmentioning

confidence: 99%

Knowledge and Human Capital as Sustainable Competitive Advantage in Human Resource Management

et al. 2019

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The ability to do business successfully and to stay on the market is a unique feature of each company ensured by highly engaged and high-quality employees. Therefore, innovative leaders able to manage, motivate, and encourage other employees can be a great competitive advantage of an enterprise. Knowledge of important personality factors regarding leadership, incentives and stimulus, systematic assessment, and subsequent motivation factors are parts of human capital and essential conditions for effective development of its potential. Familiarity with various ways to motivate leaders and their implementation in practice are important for improving the work performance and reaching business goals. Pearson’s chi-square test is used to test correlation between the motivation factors relating to career aspiration and education. Following the research results, the fact that there is dependence between the motivation factors relating to career aspiration and completed education can be stated. The motivation factors relating to career aspiration are important, even very important for highly educated employees and employees with upper secondary education. Following the research results, the fact that the requirements and expectations relating to career aspiration are more demanding when the education completed by employees is higher is confirmed.

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Section: Introduction and Theoretical Backgroundmentioning

confidence: 99%

Knowledge and Human Capital as Sustainable Competitive Advantage in Human Resource Management

et al. 2019

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“…It is also important to respond flexibly to customers' requirements [68]. Innovative methods should be used by enterprises to work with people [69]. It is essential to know the financial situation of the enterprise, too [70].…”

Section: Discussionmentioning

confidence: 99%

Evaluating the Effectiveness of Investment in Human Capital in E-Business Enterprise in the Context of Sustainability

2018

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The enterprises operating in the e-business area represent an example of a sustainable entrepreneurship. These enterprises belong to those for which the people are the most valuable assets. Human capital management (HCM) represents a modern concept of people management that is based on the business strategy. Via measurement and assessment of the effectiveness of the utilization of human capital and effectiveness of investment in its development, this concept leads to the increase of performance and competitiveness of the enterprise within the context of sustainability. As part of the questionnaire survey, we found that enterprises in Slovakia have little use of the HCM concept. Despite the fact that they consider investing in education or training as the main form of investment in human capital, they do not evaluate the effectiveness of this investment in practice. By analyzing foreign studies, we have found that e-business enterprises consider IT education to be very important for their performance, competitiveness, and sustainability. The aim of the article is to explain the nature of HCM and to propose an approach to assess the effectiveness of investment in education as a part of the HCM process. Implementation of the approach was implemented in a fast-growing medium-sized IT and e-business enterprise where education is mainly implemented in the IT field. We also used an internal enterprise data analysis. The proposed example of HCM implementation in the part of evaluating the effectiveness of investment in education and the article can serve as a theoretical and practical aid to human resources managers in implementing the HCM concept.

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“…HCM represents a process consisting of seven phases, which is inevitably connected to a company´s strategy. The basic elements of HCM are represented by key performance indicators [9][10][11], metrics for the expression of HC value, metrics for the effectiveness of HC utilization, and metrics for the effectiveness of investments in HC. Except for these elements, HCM is also a complex of corrective measures and reports on HC [12].…”

Section: Human Capital Managementmentioning

confidence: 99%

Human Capital Management and Industry 4.0

et al. 2021

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Human capital (HC) is considered to be an important factor influencing the success of. The concept of human capital management (HCM) deals with the effectiveness of human capital, as the most precious intangible asset. However, with the advancement in technology and the introduction of Industry 4.0, the position of human capital in companies can alter with regard to the expected changes. On the other hand, new elements being brought in by Industry 4.0 will allow for the HCM process to be performed better, in favour of the improvement in the performance and competitiveness of companies. The aim of this article is to point out the interconnection between the concept of HCM and some elements of Industry 4.0, as well as to explain the findings from a questionnaire survey focused on how IT companies in Slovakia use information systems for the implementation of HCM, whether these systems enable them to analyse data related to HC, and whether these companies are prepared for the introduction of changes in this field in the future.

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Models of Application Economic Value Added in Automotive Company

Cited by 15 publications

References 8 publications

Knowledge and Human Capital as Sustainable Competitive Advantage in Human Resource Management

Knowledge and Human Capital as Sustainable Competitive Advantage in Human Resource Management

Evaluating the Effectiveness of Investment in Human Capital in E-Business Enterprise in the Context of Sustainability

Human Capital Management and Industry 4.0

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