scholarly journals Recent Issues of Employability and Career Management

2017 ◽  
Vol 4 (2) ◽  
Author(s):  
Zsuzsanna E. Horváth

At the threshold of a Fourth Industrial Revolution, a combination of factors will cause business model disruptions triggering a simultaneous impact on the employment landscape over the coming years. The changes will affect the employment scenery across various industries, ranging from significant job creation to job displacement, and from heightened labor productivity to widening skills gaps. As a reaction to this volatile and unpredictable work environment, where individuals are compelled to mind their own careers and stable long-term employment is not granted for anyone, vocational psychology, educational institutions and educators are urged to address the issues of employability.The current paper discusses the reasons leading up to the evolving world of employment and the stances/options that institutions and individuals can take to tackle the situation.

Author(s):  
Prema Ponnudurai ◽  
Logendra Stanley Ponniah

The sands of education are constantly shifting, and in order to stay significant, higher educational institutions (HEIs) need to reinvent themselves in the Fourth Industrial Revolution. With high global unemployment rates of fresh graduates and internal institutional challenges, future conscious HEIs understand the importance of the need to redesigned curriculum, content, and assessments to prepare graduates for employment. Through a detailed evaluation of the newly developed Taylor's curriculum framework (TCF), this chapter will elaborate on the core purposes of this curriculum framework and the governing principles in redesigning a curriculum that focuses on the 21st century needs. By shifting the focus from teaching to learning and by redirecting the focus of assessment from knowledge base to skills base, HEI graduates will be equipped meet the needs of industry, the Fourth Industrial Age and beyond.


2018 ◽  
Vol 64 ◽  
Author(s):  
O.V. Pavlenko

The article analyzes present situation in training of electronics specialists in the USA. The foresight of specialists’ skills in engineering branches in the conditions of a mankind’s gradual transition to the "Fourth Industrial Revolution" is presented. The world rankings of leaders in training specialists in higher educational institutions are analyzed. The list of US higher education institutions with the highest rates in the training of electronics specialists is specified. The current situation of US professional organizations in engineering education and their role in the training of electronics specialists have been analyzed.


2020 ◽  
Vol 5 ◽  
pp. 51-64
Author(s):  
Evgeny Animitsa ◽  
◽  
Irina Rakhmeeva ◽  

Introduction. The fourth industrial revolution significantly changes the structure of economic relations and transforms the importance of factors in the development of territories. The purpose of the article is to identify the most significant factors in the regional development of the Ural macro region in the context of the fourth industrial revolution and to determine the directions of impacts to ensure the competitiveness and long-term growth of territories. Methods. The methodological basis of the study is based on a set of scientific approaches to economic growth, concepts of regional and institutional economics. Research methods include regional, comparative and econometric factor analysis. Scientific novelty of the study. A method for identifying the significance of factors in the development of regions is proposed and the key factors for developing the subjects of the Ural macro region in the context of the fourth industrial revolution are established. The study contributes to the scientific debate on the meaning and management of institutional development factors. Results. The author presents the results of diagnosing the regulatory environment and geographic factors of the subjects of the Ural macro region. An econometric analysis of their impact on economic development has been carried out. The statistical significance for developing the volume of mining and the quality of the legal environment in the regions has been established. Informal institutions (the authors explain the phenomenon by weak differentiation of cultural characteristics and business practices of regions due to their historical connectivity) and transport and geographical location (due to a decrease in spatial influence and an increase in the role of digital technologies in production chains in Industry 4.0). Conclusions. In the Sverdlovsk and Chelyabinsk regions, it was possible to ensure higher values of GRP per capita due to a favorable regulatory environment. In general, in the Russian regions in the second decade of the 21st century, the raw material orientation remains (among the studied objects, the economies of the Orenburg region and Udmurtia are the most extractive). To ensure the country’s long-term development, it is necessary to create a favorable business climate: improving the legal environment in the areas outlined in the study, increasing the level of trust and reducing the level of corruption.


Author(s):  
Alexander Dietrich ◽  
Ron Van de Sand ◽  
Jörg Reiff-Stephan

Small and medium-sized companies increasingly turning their attention towards the fourth industrial revolution. In order to increase their own long-term competitiveness, there is a growing desire to make production smarter, more efficient, safer and more sustainable through new technologies. Often, however, existing plants cannot be easily replaced by modern equipment. The reasons for this can be high investment costs, excessive downtimes or the unavailability of an equivalent machine. An alternative solution to the purchase of new equipment is the modernisation or expansion of existing systems, also called retrofitting. Thus, this paper deals with the retrofit process of a machine tool, whereby the software architecture of the control unit is the primary concern of this work.


Author(s):  
Byabazaire Yusuf ◽  
Lynne Masel Walters ◽  
Siti Nazuar Sailin

Industrial Revolutions basically have transformed human lives. We have gone from hand production to mechanized production into computerization or automation of concepts into products (Fourth Industrial Revolution (4IR)). However, 4IR urges the process of transferring data from digital domains and offline reality via interconnected systems to improve lives. The technologies in 4IR enter into varying areas, such as the economy, medicine and education. Educational institutions have contributed greatly to reshaping future technologies by being the test laboratories for innovations. In the meanwhile, there is an immense need for looking beyond the traditional educational approach. This can be achieved by strategically employing the trending technologies to prepare students and educators with the right kind of knowledge and set of skills. It is imperative to ask questions about how the delivery of education will be undertaken and how educational institutions will be restructured by the 4IR to prepare students for the challenges ahead.


Studia BAS ◽  
2020 ◽  
Vol 3 (63) ◽  
pp. 25-41
Author(s):  
Marek Ratajczak ◽  
Beata Woźniak-Jęchorek

The main aim of this article is to present industrial revolutions and their socio-economic consequences for the development of economics as a science. Special attention is given to showing the main characteristics of each revolution and presenting major changes in economic theories. The authors argue that the full picture of all shifts in economics, society and lives of individuals can be only visible from a long-term perspective. Therefore, it is difficult to determine the stage and the consequences of the current fourth industrial revolution for socio-economic development and evolution of economic theories.


2019 ◽  
Vol 1 (1) ◽  
pp. 32-47 ◽  
Author(s):  
Jayant Menon ◽  
Anna Fink

This article explores the impact of the Fourth Industrial Revolution (4IR) on the Association of Southeast Asian Nations (ASEAN). It argues that technologies of the 4IR can bring huge benefits such as empowerment for small- and medium-sized enterprises and opportunities for countries to leapfrog traditional pathways of development. It will also bring tremendous challenges such as deep disruption to labour markets and the potential of rising inequality. To address the challenges and seize the opportunities of the 4IR, ASEAN will need a new way of formulating policy and regulation that will require: (a) evolution of the ASEAN Secretariat to become a ‘platform organisation’, (b) greater delegation of key activities to affiliated functional bodies, (c) a shift from long-term blueprints to three-year rolling plans, (d) democratise and decentralise and (e) establish multi-country test beds. JEL Codes: F14, F15


2018 ◽  
Vol 40 (4) ◽  
pp. 51-74
Author(s):  
Youngmi Han ◽  
Hosun Rhim ◽  
Kwangtae Park ◽  
Min Choi ◽  
Karmarkar Uday

Author(s):  
Jésica Alhelí Cortés Ruiz ◽  
Sandra Viridiana Cortés Ruiz

The context of Industry 4.0 is changing the training of mathematical students, new and old generations, in such a way that educational institutions implement strategies and actions to adapt study plans according to the requirements of the new industrial revolution. On the other hand, big data is a cybernetic system that functions as a tool that incorporates mathematical training and implementation and that has recently been included in the educational sphere in order to collaborate with the development of specific competencies based on information technologies and communication, with the purpose of interacting in the intelligent environments proposed by Industry 4.0.


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