Management Trends in the Context of Industry 4.0

Research Article

Industry 4.0 Implementation and Corporate Strategies under the Conditions of Slovak Republic

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  • @INPROCEEDINGS{10.4108/eai.4-12-2020.2304244,
        author={Marian Halaj},
        title={Industry 4.0 Implementation and Corporate Strategies under the Conditions of Slovak Republic},
        proceedings={Management Trends in the Context of Industry 4.0},
        publisher={EAI},
        proceedings_a={MANAGEMENTTRENDS},
        year={2021},
        month={11},
        keywords={industry 40 strategy innovation business intelligence},
        doi={10.4108/eai.4-12-2020.2304244}
    }
    
  • Marian Halaj
    Year: 2021
    Industry 4.0 Implementation and Corporate Strategies under the Conditions of Slovak Republic
    MANAGEMENTTRENDS
    EAI
    DOI: 10.4108/eai.4-12-2020.2304244
Marian Halaj,*
    *Contact email: marian.halaj@fm.uniba.sk

    Abstract

    This paper deals with the strategies for successful implementation of Industry 4.0 under the local conditions. The study is based on the analyze of the companies operated in Slovak republic and respects the country specific phenomena like export orientation, high percentage of international and foreign owned manufacturing companies, existing IT infrastructure, analytical maturity and labor market. As a framework for holistic analyze the McKinsey 7S model is used that takes into consideration corporate strategy, organization structure, systems, skills, staff, corporate shared values and management style. The weights of its elements for the purpose of multi-criteria decision-making are calculated using analytical hierarchy process (AHP).