Advertisement

The Influence of Human Capital Management on Implementation of Industry 4.0

Conference paper
  • 597 Downloads
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 1216)

Abstract

The pilot study on a sample of 30 middle and bottom level practitioners representing different industries have shown that their knowledge about Industry 4.0 is rather poor. One of the reasons that we have decided to test is that the practices of human capital management do not prepare the employee to the industrial revolution that already has started. The main objective of this article is to check if the human capital management practices that are used have any meaning for implementing the Industry 4.0 technologies that refer to means of automation and data exchange in the value chain. The research was conducted on a sample of 100 medium and large sized enterprises operating in Poland representing different industries. To get data a questioner were prepared and the answers were collected with use of CATI method. The respondents were middle and high level production and engineering managers. After processing the data enabled elaboration of some implication advises which can be helpful for managers to modify the human capital management process when entering the path of Industry 4.0.

Keywords

Human capital Industry 4.0 Enterprise 4.0 Technology 

References

  1. 1.
    Fenech, R., Baguant, P., Ivanov, D.: The changing role of human resource management in an era of digital transformation. Int. J. Entrepreneurship 22(2), 166–175 (2019)Google Scholar
  2. 2.
    Whysall, Z., Owtram, M., Brittain, S.: The new talent management challenges of industry 4.0. J. Manag. Dev. 38(2), 118–129 (2019)CrossRefGoogle Scholar
  3. 3.
    Goldin, C.: Human capital. In: Handbook of Cliometrics, pp. 55–86. Springer, Heidelberg (2016)Google Scholar
  4. 4.
    Kucharcikova, E., Miciak, M., Hitka, M.: Evaluating the effectiveness of investment in human capital in e-business enterprise in the context of sustainability. Sustainability 10(3211), 1–23 (2018)Google Scholar
  5. 5.
    Wilson, R.A., Briscoe, G.: The impact of human capital on economic growth: a review. In: Descy, P., Tessaring, M. (eds.) Impact of Education and Training, pp. 13–69. Office for Official Publications of the European Communities, Luxembourg (2004)Google Scholar
  6. 6.
    Pelinescu, E.: The impact of human capital on economic growth. In: 2nd International Conference Economic Scientific Research - Theoretical, Empirical and Practical Approaches, pp. 184–190. Elsevier (2014)Google Scholar
  7. 7.
    Alatas, S., Çakir, M.: The effect of human capital on economic growth: a panel data analysis. J. Adm. Sci. 14(27), 539–555 (2016)Google Scholar
  8. 8.
    Romer, P.M.: Endogenous technological change. J. Polit. Econ. 98(5), 71–102 (1990)CrossRefGoogle Scholar
  9. 9.
    Stern, H., Becker, T.: Concept and evaluation of a method for the integration of human factors into human-oriented work design in cyber-physical production systems. Sustainability 11(4508), 1–33 (2019)Google Scholar
  10. 10.
    Fedyky, A., Hodson, J.: Trading on Talent: Human Capital and Firm Performance (2017). https://www.researchgate.net/publication/325655801_Trading_on_Talent_Human_Capital_and_Firm_Performance
  11. 11.
    Czarniewski, S.: Quality parameters of human capital in the digital economy. Int. J. Acad. Res. Account. Finan. Manag. Sci. 4(3), 193–198 (2014)Google Scholar
  12. 12.
    Bokrantz, J., Skoogh, A., Berlin, C., Wuest, T., Stahre, J.: Smart maintenance: an empirically grounded conceptualization. Int. J. Prod. Econ. (2019). https://www.sciencedirect.com/science/article/pii/S0925527319303615

Copyright information

© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Faculty of Engineering ManagementPoznan University of TechnologyPoznanPoland

Personalised recommendations