Building Competence of Managers for Companies in Digital Transformation

Abstract

Trends in business management caused by Industry 4.0 implementation and related to COVID-19 restrictions brought up new challenges. Consequently, increasing digitalization triggered a modern concept of people management accelerating new managerial skills. Digital transformation requires new strategies in training, reskilling, and upskilling. The aim of this paper is to review managerial skills in companies in digital transformation, to identify the gap between current and future competence recognized by HR leaders. By analysis of the gap, we aim to be able to recognize the need for upskilling or reskilling of managers in companies in Slovakia. The study indicates that when companies innovate to move forward in their digital transformation process, it is data protection, networking and data processing that they focus on. Within the study HR leaders have identified it is both, way of thinking as well as attitude that needs to be shaped for building future managerial competence. The study also implies that future upskilling needs to focus on competence to interact and future reskilling on competence to data processing, as these competencies are contextual to digitalization.