Manufacturing Technology Trends in Auto Sector Guiding Skill Enhancement and Employee Retention
2023; RELX Group (Netherlands); Linguagem: Inglês
10.2139/ssrn.4458873
ISSN1556-5068
Autores Tópico(s)Digital Transformation in Industry
ResumoTechnology upgradation has significantly contributed to the research and development of passenger and commercial vehicles. The rapid trends in technology are causing various disruptions in the value chain. This paper presents the insights on skill development in the context of the disruption caused by technology and its impact on employee retention in the automobile sector in the city of Chennai, Tamil Nadu, India. The target companies involved in the study are the leading automobile brands such as Ashok Leyland, Daimler Chrysler, Ford, Royal Enfield, TVS, Yamaha, involving a total population of 3 lakhs (approx.) employees both direct and indirect put together. The impact was probed whether technological advancements such as autonomous technology, intelligent transportation systems, robotics, and mechatronics have led to high-end training solutions being rolled out from time to time to upskill and develop employees, having a bearing on employee retention. This paper is in line with scholarly conversations on upskilling talent to cater to the auto sector’s cutting-edge and path-breaking technological advancements. We find that enhanced job satisfaction and employee engagement through training and development results in higher employee retention. The series of interviews with Training managers and Production managers highlights the importance of constant upskilling of employees for enhancing productivity, performance, engagement, and ensuring organizational sustainability.
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