Management and Leadership Development Needs: The Case of Slovakia

In recent years, the importance of change and innovation has emerged in every industry and sector. This has triggered the need for a wide range of new knowledge, skills and competences. The exploration, identification and assessment of management and leadership needs, actions and gaps contributed to the main framework of this research. Research done in Slovakia indicated that businesses face huge challenges related to macroeconomic uncertainty. In order to maintain a competitive advantage, companies inevitably need to invest in innovation and people. Companies also need to find new ways of identifying potential employees, leading and motivating people and to establish new types of relationships between employees and employers. In order to address business challenges, an Innovative Network Centered Approach should be implemented. Also, collaboration between businesses and educational institutions is inevitable for developing a diverse and skilled labor force.