Human Capital Management and Industry 4.0

Abstract

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.