Abstract

Effective and systematic corporate education is a key factor for competitiveness the current turbulent economy. The results presented in this paper are based on a questionnaire survey. The research was carried out on a sample set of Czech, Russian, Slovak and Ukrainian companies. The aim of the survey was to determine to what extent companies in four post-communist countries apply a strategic approach to education, which, among other things, is linked to the presence of long-term and annual education plans. The results of the research showed that micro-companies and small companies in particular do not do so. The research also revealed that some companies, even though they declare they have an LTEP/AEP in place, are not adhering to their plans.

Highlights

  • Effective and systematic corporate education, as a part of overall company strategy, has been shown to be a key factor in maintaining a competitive advantage in the current knowledge economy [1,2]

  • The results reveal that the proportion of companies with an long-term education plans (LTEP) grows significantly with company size in the Czech Republic and in Russia, whilst this growth is less significant in Slovakia and Ukraine

  • The proportion of companies in which an LTEP exists in the Czech Republic is 47.6%, in Russia 44%, in Slovakia 52.9% and in Ukraine 20.0%

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Summary

Introduction

Effective and systematic corporate education, as a part of overall company strategy, has been shown to be a key factor in maintaining a competitive advantage in the current knowledge economy [1,2]. According to Armstrong [3], strategic education and development, like strategic HR management, plays a key role in the achievement of an organisations success. Within this context, employees are, without a doubt, one of the most important resources a company possesses when it comes to generating potential competitive advantage [4]. The systematic education of employees and the conceptual planning and management of their careers supports the achievement of an organisations strategic goals and contributes to the long-term competitiveness of a company [8]. According to Moifrrnkuzzx et al [11], the presence of development and education specialists is an indication of a strategic approach, in large and medium-sized companies

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