Performance Evaluation Framework under the Influence of Industry 4.0: The Case of the Czech Manufacturing Industry

The current economic situation creates general pressure to increase performance. Any inefficient use of production factors will lead problems and long-term unsustainability in many industries. effects the Covid-19 pandemic also have a negative impact on all sectors economy faster onset fourth industrial revolution. article, therefore, proposes new framework for performance evaluation manufacturing industry, which is based composite indicator. This indicator obtained by cross-sectoral comparison sub-key indicators. Using cluster analysis variance, total 6 indicators evaluate industry were selected as statistically significant. added value whole concept its direct independence situation, eliminates short-term oscillations that would be reflected classical methods otherwise. results show some industries are more efficient long run due their effective investments capital, replaces labour factor room realization relatively higher profits. By contrast, sectors, despite high investments, do not achieve desired level – these or they complementary factor, thus denying principles Industry 4.0. It preconditions increasing dependence external and, at same time, makes given freely competitive environment economically unsustainable run.