Purpose: The article aims to diagnose the perception of future organizational challenges and the labor market from the perspective of competencies by employers of the industrial sector. Design/methodology/approach: In order to achieve the main goal, the following research question were asked: What actions are employers taking to meet future challenges, and which competencies are crucial for the expanding their organization? Based on the CAPI technique, we obtained a complete set of responses from 10 owners of manufacturing companies distinguished in the Business Gazelles 2023 Ranking. The theoretical part of the work, based on the analysis of the literature on the subject and industry studies, contains primarily a multidimensional view of the competences of the future. Findings: It was found that entrepreneurs, in the context of future challenges, mainly Industry 5.0. need adaptive processes (mainly technological), recruitment, and organizational changes in their company. Research limitations/implications: The author is aware that creating a timeless set of desired employee skills is impossible, and predicting a particular direction of change is postulated and carries a high risk of failure to fulfill the assumed forecasts. Moreover, the limitation of the pilot study is the small sample size and its regional affiliation. Practical implications: Thinking about future competencies has cognitive and practical justification because it allows us to outline the contextual background for the appropriate design of individual levels of teaching, employment, and self-development processes. Social implications: The obtained research results indicate the desired direction of education and acquiring new competences, which will dominate in the industrial sector in the coming years. They can also constitute a contribution to reflection on deepening the relationship between science and business, enabling the development of specific practical skills already during studies. Originality/value: The consequence of many factors and trends shaping reality is transformations in the labor market, including visible changes in the demand for specific competencies. Considering the above, it seems reasonable to carry out systematic measurements of the perception and understanding of fundamental market changes occurring in the labor market, which is the aim of this study. The added value of the article is the perspective of contemporary entrepreneurs in the industrial sector relating to the challenges, desired competences and specific actions that they implement in the context of the dynamics of Industry 5.0 development. (original abstract)
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