Workforce capacity as a tool to increase the competitiveness of industrial companies

The authors explores workforce capacity as a tool for increasing the competitiveness of industrial companies. With the development of technology in order to fully meet the needs of the market (national and international one), industrial companies are actively modernizing. The complex processes of economic relation transformation and the development of modern market conditions require new approaches to the organization of production activities, principles and methods of personnel management. In the course of economic reforms, industrial companies have undergone significant changes both in terms of the socio-economic nature of ownership and in terms of the qualitative and quantitative characteristics of their production capacities.The primary task in such circumstances is to determine competitiveness, namely, the specific criteria that a competitive company must meet. The existing business theories are nothing more than carefully thought-out corporate experience in different countries and time periods. They do not give a clear answer to the following question. Why is one company more competitive than another? This is quite logical, since the company's competitiveness is influenced not only by specific factors, but also by their totality. Therefore, competitiveness is not only difficult to determine, but also extremely difficult to measure. The know-how that brought success to one company may not be effective for other companies. In this connection, the problem of creating a mechanism for developing the workforce capacity at industrial companies that will meet the goals and objectives of sustainable development in a competitive environment is an urgent topic of many scientific studies.Analysis and planning of human resources contributes to the retention of talented employees, increasing competitive advantages. The article may be of interest to managers of large and medium-sized companies of various industries from both scientific and practical points of view, as well as academic staff, graduate students and undergraduates.

industrial companies, competitiveness, competitive advantages, human resource management