IDEAS home Printed from https://ideas.repec.org/p/boh/wpaper/02_2022.html
   My bibliography  Save this paper

The Influence of Corporate Culture on the Development of Employee Training System in Enterprises of the New Economy

Author

Listed:
  • Markéta Adamová

    (Department of Management, Faculty of Economics, University of South Bohemia In České Budějovice)

Abstract

Turbulent changes characterize 21st century; the world is entering into a new era – the so-called "new/digital" economy. Completly new knowledge and skills will be required, and employees' preparedness will be the crucial factor for adaptation to the challenges (population aging, initiative Industry 4.0, structural changes of labor market). Training and corporate culture might help enterprises to adapt. The paper aims to create a scheme of the mutual relations between corporate culture and employee training system in the context of HRM within a company environment. The contribution compiles theoretical concepts of the employee training system and corporate culture and analyzes their relations and possible influence. The secondary output of the contribution will be setting up future research based on research studies and preliminary analysis of the state of issues in the case of the Czech Republic. The first part of this paper is the theoretical foundation which points out the relevance of corporate culture and employee training system for the preparedness and implementation of Industry 4.0. The second part analyzes the relations between corporate culture and employee training system. Finally, the third part describes the state of corporate culture and employee training in Czech companies. It was used secondary data available on Eurostat (CVTS surveys). It was done a preliminary study focused on the training costs and training outcomes in 2018. State of corporate culture was analyzed by Hofstede cultural dimensions between 2015 and 2017. It was applied descriptive statistic, correlation, and multiple regression analysis. Based on CVTS surveys, the Czech companies preferred external training and implemented mainly on-the-job training and less active methods (lectures, conferences, workshops). Almost half of the Czech enterprises did not have a plan for training. According to the own research, 23% of researched companies do not evidence the training cost. Examined enterprises hold the dimensions of high power distance, individualism, femininity, uncertainty avoidance, and short-term orientation. The size has an influence only on IDV and UAI. IDV, UAI, LOT are also influenced by the classification according to CZ- NACE. The contribution has limits and at the end it was set up the recommendations for future research.

Suggested Citation

  • Markéta Adamová, 2022. "The Influence of Corporate Culture on the Development of Employee Training System in Enterprises of the New Economy," Economics Working Papers 2022-02, University of South Bohemia in Ceske Budejovice, Faculty of Economics.
  • Handle: RePEc:boh:wpaper:02_2022
    as

    Download full text from publisher

    File URL: http://repec.ef.jcu.cz/RePEc/boh/wpaper/02_2022.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fiordelisi, Franco & Renneboog, Luc & Ricci, Ornella & Lopes, Saverio Stentella, 2019. "Creative corporate culture and innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 63(C).
    2. Anna Michna & Roman Kmieciak, 2020. "Open-Mindedness Culture, Knowledge-Sharing, Financial Performance, and Industry 4.0 in SMEs," Sustainability, MDPI, vol. 12(21), pages 1-17, October.
    3. Kipper, Liane Mahlmann & Iepsen, Sandra & Dal Forno, Ana Julia & Frozza, Rejane & Furstenau, Leonardo & Agnes, Jéssica & Cossul, Danielli, 2021. "Scientific mapping to identify competencies required by industry 4.0," Technology in Society, Elsevier, vol. 64(C).
    4. Ann-Christin Bächmann & Martin Abraham & Martina Huber, 2019. "When do firms evaluate further training measures?," International Journal of Manpower, Emerald Group Publishing Limited, vol. 40(2), pages 190-210, January.
    5. Bearden, William O. & Money, R. Bruce & Nevins, Jennifer L., 2006. "Multidimensional versus unidimensional measures in assessing national culture values: The Hofstede VSM 94 example," Journal of Business Research, Elsevier, vol. 59(2), pages 195-203, February.
    6. Vásquez-Torres María del Carmen, 2017. "Variations in the perception of the elements that constitute training based on company size, employee seniority, and company age," Management, Sciendo, vol. 21(1), pages 148-178, May.
    7. Samia Nour, 2015. "Overview of Knowledge Economy in the Arab Region," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(4), pages 870-904, December.
    8. Koberg, Christine S. & Chusmir, Leonard H., 1987. "Organizational culture relationships with creativity and other job-related variables," Journal of Business Research, Elsevier, vol. 15(5), pages 397-409, October.
    9. Tommaso Pardi, 2019. "Fourth industrial revolution concepts in the automotive sector: performativity, work and employment," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(3), pages 379-389, September.
    10. Jindřích Soukup & Dagmar Hejduková, 2008. "New Economy Index for the Czech Republic," Ekonomika a Management, Prague University of Economics and Business, vol. 2008(3).
    11. Jochen Wulf & Ivo Blohm & Jan Leimeister & Walter Brenner, 2014. "Massive Open Online Courses," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 6(2), pages 111-114, April.
    12. Weipeng Lin & Jingjing Ma & Qi Zhang & Jenny Chen Li & Feng Jiang, 2018. "How is Benevolent Leadership Linked to Employee Creativity? The Mediating Role of Leader–Member Exchange and the Moderating Role of Power Distance Orientation," Journal of Business Ethics, Springer, vol. 152(4), pages 1099-1115, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Armanda Cetrulo & Giovanni Dosi & Angelo Moro & Linnea Nelli & Maria Enrica Virgillito, 2023. "Automation, digitalization and decarbonization in the European automotive industry: a roadmap towards a just transition," LEM Papers Series 2023/36, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    2. Lord, Kenneth R. & Putrevu, Sanjay & Shi, Yi Zheng, 2008. "Cultural influences on cross-border vacationing," Journal of Business Research, Elsevier, vol. 61(3), pages 183-190, March.
    3. Nadeem, Kashif & Wong, Sut I. & Za, Stefano & Venditti, Michelina, 2024. "Digital transformation and industry 4.0 employees: Empirical evidence from top digital nations," Technology in Society, Elsevier, vol. 76(C).
    4. Stephany, Fabian, 2021. "When Does it Pay Off to Learn a New Skill? Revealing the Complementary Benefit of Cross-Skilling," SocArXiv sv9de, Center for Open Science.
    5. Özköse, Hakan & Güney, Gül, 2023. "The effects of industry 4.0 on productivity: A scientific mapping study," Technology in Society, Elsevier, vol. 75(C).
    6. Alden, Dana L. & He, Yi & Chen, Qimei, 2010. "Service recommendations and customer evaluations in the international marketplace: Cultural and situational contingencies," Journal of Business Research, Elsevier, vol. 63(1), pages 38-44, January.
    7. Guendalina Anzolin, 2021. "Automation and its Employment Effects: A Literature Review of Automotive and Garment Sectors," JRC Working Papers on Labour, Education and Technology 2021-16, Joint Research Centre.
    8. Vitolla, Filippo & Raimo, Nicola & Rubino, Michele & Garegnani, Giovanni Maria, 2021. "Do cultural differences impact ethical issues? Exploring the relationship between national culture and quality of code of ethics," Journal of International Management, Elsevier, vol. 27(1).
    9. Oghazi, Pejvak & Schultheiss, Rakel & Chirumalla, Koteshwar & Kalmer, Nicolas Philipp & Rad, Fakhreddin F., 2020. "User self-disclosure on social network sites: A cross-cultural study on Facebook’s privacy concepts," Journal of Business Research, Elsevier, vol. 112(C), pages 531-540.
    10. Im, Subin & Bhat, Subodh & Lee, Yikuan, 2015. "Consumer perceptions of product creativity, coolness, value and attitude," Journal of Business Research, Elsevier, vol. 68(1), pages 166-172.
    11. Zhen Wang & Yuan Liu & Songbo Liu, 2019. "Authoritarian leadership and task performance: the effects of leader-member exchange and dependence on leader," Frontiers of Business Research in China, Springer, vol. 13(1), pages 1-15, December.
    12. Chand Bhatt, Priyanka & Kumar, Vimal & Lu, Tzu-Chuen & Daim, Tugrul, 2021. "Technology convergence assessment: Case of blockchain within the IR 4.0 platform," Technology in Society, Elsevier, vol. 67(C).
    13. Valeria Cirillo & Andrea Mina & Andrea Ricci, 2024. "Digital Technologies, Labor market flows and Training: Evidence from Italian employer-employee data," LEM Papers Series 2024/22, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    14. Hasan, Iftekhar & Jackowicz, Krzysztof & Kowalewski, Oskar & Kozłowski, Łukasz, 2023. "Cultural values of parent bank board members and lending by foreign subsidiaries: The moderating role of personal traits," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 83(C).
    15. Anna Adamik & Michał Nowicki & Andrius Puksas, 2022. "Energy Oriented Concepts and Other SMART WORLD Trends as Game Changers of Co-Production—Reality or Future?," Energies, MDPI, vol. 15(11), pages 1-38, June.
    16. Hazem Ahmed Khairy & Sijun Liu & Samar Sheikhelsouk & Ahmed M. EI-Sherbeeny & Omar Alsetoohy & Bassam Samir Al-Romeedy, 2023. "The Effect of Benevolent Leadership on Job Engagement through Psychological Safety and Workplace Friendship Prevalence in the Tourism and Hospitality Industry," Sustainability, MDPI, vol. 15(17), pages 1-22, September.
    17. Marzena Podgórska, 2022. "Challenges and Perspectives in Innovative Projects Focused on Sustainable Industry 4.0—A Case Study on Polish Project Teams," Sustainability, MDPI, vol. 14(9), pages 1-20, April.
    18. Nava Subramaniam & Neal M. Ashkanasy, 2001. "The Effect of Organisational Culture Perceptions on the Relationship Between Budgetary Participation and Managerial Job-Related Outcomes," Australian Journal of Management, Australian School of Business, vol. 26(1), pages 35-54, June.
    19. Martina Rešlová, 2013. "Using test of Colour Semantic Differential for research into organizational culture," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(4), pages 1089-1096.
    20. Bertha Leticia Treviño-Elizondo & Heriberto García-Reyes, 2023. "An Employee Competency Development Maturity Model for Industry 4.0 Adoption," Sustainability, MDPI, vol. 15(14), pages 1-29, July.

    More about this item

    Keywords

    Training system; Corporate culture; Czech enterprises; New economy; Industry 4.0; Diagnosis of corporate culture; Relation between corporate culture and training;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boh:wpaper:02_2022. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Markéta Matějíčková (email available below). General contact details of provider: https://edirc.repec.org/data/efjcucz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.