Fourth Industrial Revolution Skillsets and Employability Readiness for Future Job

2021 ◽  
Vol 7 (1) ◽  
pp. 35-49
Author(s):  
Waliu Mulero Adegbite ◽  
Oluyemi Theophilus Adeosun
Keyword(s):  
Industrial Revolution ◽  
Manufacturing Sector ◽  
Work Readiness ◽  
Production Plant ◽  
World Economic Forum ◽  
Management Skills ◽  
Skill Sets ◽  
Fourth Industrial Revolution ◽  
Study Results ◽  
World Economic

This paper explores the employees' readiness in the manufacturing sector for the fourth industrial revolution (4IR) vis a vis the 10 critical skill-sets identified by the World Economic Forum (WEF). We took a critical review of relevant theories and highlighted pragmatic solutions. Data collection for this study was obtained through a questionnaire among the employees of a brewing production plant in Nigeria. Using the 5-point Likert scale, 231 copies of the questionnaire were administered to workers on site. The study results are reported using a sample t-test to represent the values of Mean (M), Standard Deviation (SD), and Cronbach Alpha to test for the instrument's internal consistency. The analysis results revealed that most skillsets that require continuous career and employability in the 4IR are seen as low among the sampled organization employees, with an average mean score of less than 3.41. Interestingly, service orientation and people management skills are ranked the highest readily available skill among the workers. Many studies look at graduate work readiness, while attention to current employees' context is just beginning to gain traction.

scholarly journals Post Human Craft: A Humble Attempt to Reorient Makers to the Inevitable

Cubic Journal ◽  
2020 ◽  
pp. 150-165
Author(s):  
James Stevens ◽  
Keyword(s):  
Human Evolution ◽  
Industrial Revolution ◽  
First Century ◽  
World Economic Forum ◽  
Profound Change ◽  
Fourth Industrial Revolution ◽  
The World ◽  
World Economic ◽  
Digital Algorithms ◽  
Waking Up

Nearing the end of the second decade of the twenty-first century many craftspeople and makers are waking up to the inevitable reality that our next human evolution may not be the same, that this time it could be different. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum refers to what we are beginning to experience as the Fourth Industrial Revolution (Schwab 2017, 01). Schwab and his colleagues believe that this revolution could be much more powerful and will occur in a shorter period than the preceding industrial and digital revolutions. This revolution will cause a profound change in how we practice, labour and orient ourselves in the world. Rapidly evolving technologies will proliferate the use of robotics and personalised robots (co-bots) that can sense our presence and safely work alongside us. Digital algorithms are already becoming more reliable predictors of complex questions in medicine and economics than their human counterparts. Therefore, the gap between what a computer can learn and solve and what a robot can do will quickly close in the craft traditions. This article will engage in the discourse of posthumanism and cybernetics and how these debates relate to craft and making. Intentionally this work is not a proud manifesto of positions, strategies, and guidelines required for greatness. Alternatively, it is a humble attempt to reorient makers to the necessary discourse required to navigate the inevitable changes they will face in their disciplines. Thus, the article seeks to transfer posthumanist literary understanding to intellectually position craft in the Fourth Industrial Revolution.

SHORT-TERM, ECONOMIC AND SOCIAL, FORECAST OF THE FUTURE OF WORK

2019 ◽  
Vol 1 (XIX) ◽  
pp. 313-331
Author(s):  
Andrzej Świątkowski
Keyword(s):  
Industrial Revolution ◽  
New Economy ◽  
Human Beings ◽  
World Economic Forum ◽  
Short Term ◽  
Technological Transformation ◽  
Fourth Industrial Revolution ◽  
The Future ◽  
World Economic ◽  
Modern Technologies

The fourth industrial revolution (Industry 4.0) dynamically shift the line between the work performed by humans and those performed by machines, technologies, algorithms and artificial intelligence. The author examines The Future of Jobs Report 2018 published by Centre for the New Economy Society of the World Economic Forum. He tries to argue that the current technological transformation in the next five years, 2018-2022, managed wisely may improved the quality and productivity of work performed by human employees. The problem is that many of employees afraid that robots, computers, modern technologies an AI will eliminate jobs performed by human beings. The Author argues that technology eliminates jobs, not work

scholarly journals The Disruptive Futures of Education—Post-COVID-19 Pandemic

2021 ◽  
pp. 407-412
Author(s):  
Dzulkifli Abdul Razak
Keyword(s):  
Higher Education ◽  
Inflection Point ◽  
Industrial Revolution ◽  
World Economic Forum ◽  
Fourth Industrial Revolution ◽  
The World ◽  
World Economic

AbstractThe year 2020 is mostly known to many as an inflection point. A metaphorical vision to look far ahead, with clarity, taking on the various “disruptions” that have been much touted, namely, the Fourth Industrial Revolution (4IR). Since its pronouncement, four years ago, during the 2016 World Economic Forum in Davos, the world of higher education has been inundated with demands to introduce the so-called ‘Education 4.0’.

scholarly journals STRATEGI PEMERINTAH DALAM MENGHADAPI REVOLUSI INDUSTRI 4.0 : HAKI

2019 ◽  
Author(s):  
DEVI RISTA
Keyword(s):  
Industrial Revolution ◽  
World Economic Forum ◽  
Fourth Industrial Revolution ◽  
World Economic

Kemajuan teknologi dalam revolusi industri generasi ke-4 ini mengalamiterobosoan luar biasa. Untuk dapat bersaing dalam era revolusi industri generasi ke-4ini kita perlu meningkatkan kemampuan bangsa dalam mengembangkan keunggulanteknologi yang kompetitif dan mengembangkan kreatifitas yang berbasis padakekayaan intelektual khusus paten. Pengembangan sistem paten di Indonesia tidaklahsemata-mata karena tekanan dunia internasional, namun juga karena kebutuhannasional untuk menciptakan suatu sistem perlindungan paten yang efektif dan jugabermanfaat bagi bangsa Indonesia. Perangkat hukum dibidang paten diperlukan untukmemberikan perlindungan hukum dan mewujudkan suatu iklim yang lebih baik bagikegiatan invensi teknologi serta mempermudah masuknya teknologi ke dalam negeri.Untuk memperlancar tujuan itu semua maka perlu di dilakukan pembaharuan sistempaten diantaranya: ketentuan pengungkapan yang cukup (sufficient disclosure),ketentuan pengecualian terhadap hak eksklusif paten, ketentuan lisensi paten,ketentuan lisensi wajib paten, dan sistem pelayanan informasi paten.Revolusi Industri 4.0 Adalah Prof Klaus Schwab, Ekonomi terkenal dunia asalJerman, Pendiri dan Ketua Eksekutif World Economic Forum (WEF) yangmengenalkan konsep Revolusi Industri 4.0. Dalam bukunya yang berjudul“The Fourth Industrial Revolution”, Prof Schawab (2017) menjelaskan revolusiindustri 4.0 telah mengubah hidup dan kerja manusia secara fundamental.Revolusi industri saat ini memasuki fase keempat. Perkembangan ilmupengetahuan dan teknologi yang sangat pesat memberikan dampak yang besarterhadap kehidupan manusia. Banyak kemudahan dan inovasiyang diperoleh dengan adanya dukungan teknologi digital.Kata kunci: paten, invensi, teknologi, hak eksklusif, lisensi wajib

scholarly journals Graduate generic competences from the perspective of VNU employers

2020 ◽  
Vol 11 (1) ◽  
pp. 131-145
Author(s):  
Mai thi quynh Lan
Keyword(s):  
Industrial Revolution ◽  
University Graduates ◽  
World Economic Forum ◽  
Technological Changes ◽  
New Ways Of Working ◽  
Fourth Industrial Revolution ◽  
New Knowledge ◽  
World Economic ◽  
Generic Competences ◽  
The University

The COVID-19 pandemic has accelerated a shift to new ways of working, prompting companies to reimagine how, where and by whom work gets done (World Economic Forum & Watson, 2020). This shift was already under way with the technological changes of the Fourth Industrial Revolution. Employers are looking for workers who are able to learn new knowledge and skills, adapt to the workplace, be sufficiently flexible to move jobs, and expand on the knowledge learnt at university. Applying the theory of generic competences and the model of thirteen generic competences for university graduates of the Tuning Asia - South East project (TASE), this research investigates the perspectives of VNU stakeholders about the generic competences of VNU graduates. In particular, this paper discusses the employers’ perspective of VNU graduates’ generic competences. Although employers rate all generic competences as important, they evaluated graduates’ achievement of seven generic competences as being at a less than satisfactory level. The findings of the research point to the need for the university to focus more on developing generic competences throughout the delivery of programs.

scholarly journals The Fourth Industrial Revolution: Opportunities and Challenges

2018 ◽  
Vol 9 (2) ◽  
pp. 90 ◽  
Author(s):  
Min Xu ◽  
Jeanne M. David ◽  
Suk Hi Kim
Keyword(s):  
Industrial Revolution ◽  
World Economic Forum ◽  
The Third ◽  
Fourth Industrial Revolution ◽  
Separate Event ◽  
The World ◽  
World Economic ◽  
Automate Production ◽  
Third Industrial Revolution ◽  
Industrial Revolutions

The fourth industrial revolution, a term coined by Klaus Schwab, founder and executive chairman of the World Economic Forum, describes a world where individuals move between digital domains and offline reality with the use of connected technology to enable and manage their lives. (Miller 2015, 3) The first industrial revolution changed our lives and economy from an agrarian and handicraft economy to one dominated by industry and machine manufacturing. Oil and electricity facilitated mass production in the second industrial revolution. In the third industrial revolution, information technology was used to automate production. Although each industrial revolution is often considered a separate event, together they can be better understood as a series of events building upon innovations of the previous revolution and leading to more advanced forms of production. This article discusses the major features of the four industrial revolutions, the opportunities of the fourth industrial revolution, and the challenges of the fourth industrial revolution.

THE FOURTH INDUSTRIAL REVOLUTION AND HIGHER EDUCATION

2018 ◽  
Author(s):  
Bryan Edward Penprase
Keyword(s):  
Industrial Revolution ◽  
Social Progress ◽  
World Economic Forum ◽  
Early Analysis ◽  
Business Leadership ◽  
Steam Power ◽  
Fourth Industrial Revolution ◽  
Evolution Of Technology ◽  
World Economic ◽  
Financial Arrangements

The Fourth Industrial Revolution (FIR) is a concept widely discussed at venues such as the World Economic Forum at Davos and within business leadership. The FIR as a phrase has its roots in early analysis of the evolution of technology where the First Industrial Revolution arose from harnessing water and steam power toward more systematic and efficient forms of manufacturing. Typical descriptions of the First Industrial Revolution include a mention of steam power, which when applied to the mining in Cornwall, and agriculture, brought about massive increases in scale of manufacturing. The origin of the term Industrial Revolution itself traces to an 1884 work by Arnold Toynbee entitled Lectures on the Industrial Revolution (Weightman 2007). Within Toynbee’s description of the Industrial Revolution, the expansion of power and mechanical production only became a revolution from its coupling with a “political culture which was receptive to change” which included shifts in financial arrangements as well as other social progress

scholarly journals Strategi Pemerintah Dalam Menghadapi Revolusi Industri 4.0 : HAKI

2019 ◽  
Author(s):  
DEVI RISTA
Keyword(s):  
Industrial Revolution ◽  
World Economic Forum ◽  
Fourth Industrial Revolution ◽  
World Economic

Kemajuan teknologi dalam revolusi industri generasi ke-4 ini mengalamiterobosoan luar biasa. Untuk dapat bersaing dalam era revolusi industri generasi ke-4ini kita perlu meningkatkan kemampuan bangsa dalam mengembangkan keunggulanteknologi yang kompetitif dan mengembangkan kreatifitas yang berbasis padakekayaan intelektual khusus paten. Pengembangan sistem paten di Indonesia tidaklahsemata-mata karena tekanan dunia internasional, namun juga karena kebutuhannasional untuk menciptakan suatu sistem perlindungan paten yang efektif dan jugabermanfaat bagi bangsa Indonesia. Perangkat hukum dibidang paten diperlukan untukmemberikan perlindungan hukum dan mewujudkan suatu iklim yang lebih baik bagikegiatan invensi teknologi serta mempermudah masuknya teknologi ke dalam negeri.Untuk memperlancar tujuan itu semua maka perlu di dilakukan pembaharuan sistempaten diantaranya: ketentuan pengungkapan yang cukup (sufficient disclosure),ketentuan pengecualian terhadap hak eksklusif paten, ketentuan lisensi paten,ketentuan lisensi wajib paten, dan sistem pelayanan informasi paten. Revolusi Industri 4.0 Adalah Prof Klaus Schwab, Ekonomi terkenal dunia asalJerman, Pendiri dan Ketua Eksekutif World Economic Forum (WEF) yangmengenalkan konsep Revolusi Industri 4.0. Dalam bukunya yang berjudul“The Fourth Industrial Revolution”, Prof Schawab (2017) menjelaskan revolusiindustri 4.0 telah mengubah hidup dan kerja manusia secara fundamental.Revolusi industri saat ini memasuki fase keempat. Perkembangan ilmupengetahuan dan teknologi yang sangat pesat memberikan dampak yang besarterhadap kehidupan manusia. Banyak kemudahan dan inovasiyang diperoleh dengan adanya dukungan teknologi digital.Kata kunci: paten, invensi, teknologi, hak eksklusif, lisensi wajib

scholarly journals MAPPING THE FOURTH INDUSTRIAL REVOLUTION GLOBAL TRANSFORMATIONS ON 21ST CENTURY EDUCATION ON THE CONTEXT OF SUSTAINABLE DEVELOPMENT

2018 ◽  
Vol 2 (1) ◽  
pp. 1 ◽  
Author(s):  
Norazah Nordin ◽  
Helmi Norman
Keyword(s):  
21St Century ◽  
Teaching And Learning ◽  
Industrial Revolution ◽  
Working Environment ◽  
World Economic Forum ◽  
21St Century Education ◽  
Fourth Industrial Revolution ◽  
Learning Practices ◽  
World Economic ◽  
Key Issues

Whether we are ready for it or not, the fourth industrial is impacting all facets of the society. World Economic Forum has reported that the fourth industrial revolution will impact major areas that including (i) disruption to job and skills, (ii) innovation and productivity;(iii) inequality; (iv) agile governance; (v) security and conflict; (vi) business disruption; (vii)fusing technologies; and (viii) ethics and identity. Despite these transformations, are we preparing our graduates for such a volatile ever-changing future working environment? Are our current 21st century teaching and learning practices designed with such transformations in mind? Are our educators equipped with the knowledge, expertise and skills for integration of such transformations in the education system? Are our existing teaching and learningecosystems flexible enough to deal and cater for such changes? The keynote address willaddress these key issues and discuss our how we map the fourth industrial revolution in the current 21st century education landscape.

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