Organizational innovation in high-tech companies in the Ústí Region (Czech Republic)

Abstract

Employee skills are a source of sustainable competitive advantage. Organizational innovation introduced and managed by company management has a strong influence on the development of innovation capacity. This article follows these innovations in the phases of the employee's life cycle-recruitment, onboarding, retention, development, and departures of employees. The aim is to assess the use of innovative organizational tools. This is done by investigating companies in the high-tech sector in the Ústí Region. There were shortcomings in the recruitment process, the use of more traditional employee retention benefits, and insufficient training programs. In connection with the shortcomings, the inadequate size of the monitored companies is considered.