Abstract |
The operating conditions within contemporary industrial enterprises have been significantly influenced by the recent widespread changes in society, such as political and economic integration, internationalisation and the globalisation of business and production. The prevailing conditions, combined with a world-wide economic crisis have evoked a new landscape for industrial enterprises. To react appropriately to these changes and maintain sustainable entrepreneurial development it is necessary to optimise performance by adopting a clear and unambiguous approach. Nowadays, it can be regarded that the most effective way of optimising performance within industrial enterprises is through the utilisation of intellectual capital. The term intellectual capital denotes all knowledge assets contributing to greater enterprise competitiveness and is regarded as one of the most important factors of enterprise success. Furthermore, knowledge assets also act as the key driving forces of competitive advantage within particular enterprises. This is due to the fact that the quantitative and qualitative dimensions of knowledge assets simultaneously influence both the level of strategic management, the quality of provided products and services, enterprise relationships and performance and finally its overall competitiveness in a dynamically changing competitive environment. From the perspective of industrial enterprise performance optimisation, the knowledge assets categorised as "intellectual capital", can be regarded as the most important competencies possessed by employees and in particular those employees in managerial positions. As a result, the competencies of enterprise managers ultimately influence the overall performance of the enterprise. For this reason the paper aims to address the effective utilisation of the competency approach to human resource management in industrial enterprises. The paper is based upon the results of research carried out during 2010 2011, by the Institute of Industrial Engineering, Management and Quality at the Faculty of Materials Science and Technology in Bratislava, based in Trnava. The paper refers to both the results of these studies and the interpretation of the research findings. Following the research, a new optimal identification process of key managerial competencies in industrial enterprises (with description of its particular stages) was designed, which is regarded by the authors of this paper as the prerequisite for the practical application of competency models in given conditions. |