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%
Summary
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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