Human Capital Management in the Fourth Industrial Revolution

2020 ◽  
pp. 100-126 ◽  
Author(s):  
Vivence Kalitanyi ◽  
Geoff A. Goldman
Keyword(s):  
Artificial Intelligence ◽  
Human Capital ◽  
Industrial Revolution ◽  
Business Environment ◽  
Capital Management ◽  
Human Capital Management ◽  
Management Planning ◽  
Fourth Industrial Revolution ◽  
Effective Development ◽  
The Way

This chapter identifies the drivers and challenges of the fourth industrial revolution. The fourth industrial revolution consists of artificial intelligence, big data, robotics, and many others technological innovations. The recent transformation in the global environment is affecting the way businesses are conducted, managed, and the way governments and societies are run. Today, business analysts are faced with the challenge of managing both human and digital workforce effectively without making any stakeholder in the business environment worse off. Hence, human capital management in the fourth industrial revolution involves effective development and deployment of human resources, artificial intelligence, and robotics to achieve organisational goals and objectives. It is expected that the principles underlying human capital management—planning, staffing, development, compensation, and investment in digital workforce—will become more intense and complex.

Human Capital Management in the Fourth Industrial Revolution

2021 ◽  
pp. 1592-1612
Author(s):  
Vivence Kalitanyi ◽  
Geoff A. Goldman
Keyword(s):  
Artificial Intelligence ◽  
Human Capital ◽  
Industrial Revolution ◽  
Business Environment ◽  
Capital Management ◽  
Human Capital Management ◽  
Management Planning ◽  
Fourth Industrial Revolution ◽  
Effective Development ◽  
The Way

This chapter identifies the drivers and challenges of the fourth industrial revolution. The fourth industrial revolution consists of artificial intelligence, big data, robotics, and many others technological innovations. The recent transformation in the global environment is affecting the way businesses are conducted, managed, and the way governments and societies are run. Today, business analysts are faced with the challenge of managing both human and digital workforce effectively without making any stakeholder in the business environment worse off. Hence, human capital management in the fourth industrial revolution involves effective development and deployment of human resources, artificial intelligence, and robotics to achieve organisational goals and objectives. It is expected that the principles underlying human capital management—planning, staffing, development, compensation, and investment in digital workforce—will become more intense and complex.

scholarly journals Challenges of Pancasila Ideology in the Era of Industrial Revolution 4.0: Case Study of Generation Z and Millennials

2021 ◽  
Author(s):  
Sovi Dwi Febrian Silva ◽  
Moses Glorino
Keyword(s):  
Human Capital ◽  
Industrial Revolution ◽  
Technological Development ◽  
Human Life ◽  
Capital Management ◽  
Human Capital Management ◽  
Generation Z ◽  
The People ◽  
Technological Developments ◽  
The Government

Introduction: The imbalance between technological development and ideological strengthening has resulted in the fading of the Pancasila ideological values of millennials. Technology that accompanies everyday life seems to be the main character in human life. Yet if humans themselves do not use technology wisely, technology can be a threat to both individuals and the life of the nation and state. If technology is increasingly out of control, threats to the Pancasila ideology are very likely to occur, such as in the G 30S PKI incident. Therefore, it is necessary to take action both from the government and the community as individuals to safeguard the development of technology to be used wisely. That way, we can prevent the threat to the Pancasila ideology together. Writing this article aims to analyze how the role and influence of the Pancasila ideology on the millennial generation in the 4.0 industrial revolution and to find solutions so that the values of Pancasila remain attached to the next generation of the Indonesian nation. Method: Writing This article uses a qualitative method by using literature reviews from the results of related research journals that have been published online through websites and other online media. Results: Thirteen journals and one book have met the criteria for the inclusion of a predetermined review. Research is based on the stigma of society regarding technological developments in the Industrial revolution 4.0. Therefore, the government is expected to be more severe in implementing human capital management. Conclusion: By procuring human capital management, it will be possible that Human Resources (HR) in Indonesia will be able to carry out the ideals of a golden Indonesian generation with Pancasila values inherent in the hearts of the people and the nation's future generations.

Records Management in the Fourth Industrial Revolution

2021 ◽  
pp. 1-24
Author(s):  
Adeyinka Tella ◽  
Oluwakemi Titilola Olaniyi ◽  
Aderinola Ololade Dunmade
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Internet Of Things ◽  
Industrial Revolution ◽  
Records Management ◽  
Technological Advancement ◽  
Fourth Industrial Revolution ◽  
Industrial Revolutions ◽  
The Way

The chapter looked at records management in the fourth industrial revolution (4IR) with the challenges and the way forward. The chapter discussed the industrial revolutions, records management, and the fourth industrial revolution (4IR), and described the advancement in records management in the 4IR based on the 4IR tools and technologies including artificial intelligence, blockchain, internet of things (IoT), robotics, and big data. The chapter also identified and discussed the benefits of technological advancement in the management of records; challenges of records management at the wake of 4IR and charted the way forward. In the context of document and records management, and taking into account all characteristics of the 4IR technologies and tools as well as its underlying technologies and concepts, the chapter concluded that the 4IR tools can be used to save time to create and process records, secure records from being damaged or destroyed, confirm the integrity of records, among others.

scholarly journals Challenges in the Fourth Industrial Revolution

2019 ◽  
Vol 24 (4) ◽  
pp. 303-307 ◽  
Author(s):  
Gabriela-Maria Man ◽  
Mihaela Man
Keyword(s):  
Artificial Intelligence ◽  
Virtual World ◽  
Industrial Revolution ◽  
New Technology ◽  
First Century ◽  
Work Time ◽  
Fourth Industrial Revolution ◽  
Twenty First Century ◽  
The Way

Abstract The beginning of the twenty-first century represents the beginning of the Fourth Industrial Revolution, which, unlike its predecessors, is characterized by great digitalization, higher connections between physical things and the virtual world, the development of genetics, artificial intelligence, hyper connectivity. These characteristics have generated many changes in the way work is performed. In order to meet these challenges, employees must increase their flexibility in the way they perceive work time, wages, tasks, workspace and so on. And, in an era of technology and digitalization, employees must keep their skills and knowledge, related to new technology, up to date. Several other aspects related to employability will be discussed in this article.

scholarly journals A Multicultural Competencies Approach to Developing Human Capital Management

2012 ◽  
Vol 20 (Special-Number) ◽  
pp. 157-164 ◽  
Author(s):  
Paul Woolliscroft ◽  
Dagmar Cagáňová ◽  
Miloš Čambál ◽  
Miriam Šefčíková ◽  
Joana Valery Kamenova
Keyword(s):  
Human Capital ◽  
Business Environment ◽  
Clear Understanding ◽  
Capital Management ◽  
Human Capital Management ◽  
Multicultural Competencies ◽  
Intercultural Management ◽  
Multicultural Management ◽  
Strategic Approach ◽  
The Impact

Abstract The globalisation phenomenon has been prevalent since the last decade of 20th century and remains a significant factor influencing both organisations and individuals today. Within a globalised business environment the effective management of multicultural aspects and differences has become imperative to ensure success. It is increasingly evident there is a need to develop a clear understanding of multicultural competencies in order to fully develop a strategic approach to human capital management (HCM). The adoption of a strategic approach is necessary to ensure a focus on the issues critical to success and competitive advantage including multicultural management, professional skills and knowledge management. This paper aims to identify the importance of intercultural management and the impact of globalisation upon international business.

scholarly journals AI-Powered HCM: The Analytics and Augmentations

2021 ◽  
Author(s):  
Kovvali Bhanu Prakash ◽  
Appidi Adi Sesha Reddy ◽  
Ravi Kiran K. Yasaswi
Keyword(s):  
Artificial Intelligence ◽  
Human Capital ◽  
Human Resources ◽  
Capital Management ◽  
Human Capital Management ◽  
Application Form ◽  
Scarce Resources ◽  
The World ◽  
And Control ◽  
Employee Experience

Artificial intelligence (AI) is seemingly everywhere, red-hot right now, livewire and livelihood for everyone contributing $15 trillion to the World Economy and amplifying Society (Humans 2.O), auguring Service (Cyborg Concierge) and augmenting Management (C-Suite). The waning of ‘Enterprise Technologies’ (R/3 Legacy Systems) and waxing of ‘Dynamic Technologies’ viz., Artificial Intelligence (AI), Deep Learning (DL) and Machine Learning (ML) reshaped, redefined and rewrite the concept of ‘Human Capital Management (HCM)’. The ‘Human Capital’ has always been a top challenge and ‘Human Talents’ are ever scarce resources even today. The Human Capital Management (HCM) and Human Capital Intelligence (HCI) emerged as ‘Natural Intelligence Science’ for Chief Human Resources Officer (CHRO). The HCM Functions have been augmenting, ‘app’ified (an application form) a nerve in a large, diagnosing and detecting problems, proposing the promising solutions. AI-powered HCM embedded into the workplace and transformed the workforce from doing digital to being digital, from centre driven to human-centric, from compliance and control to trust and empowerment. In dictum, AI and ML will be ‘Bright and Shiny Objects’ in the future reinventing Employee Workforce Analytics and redefining Employee Interface (EI) and refining Employee Experience (EX).

scholarly journals Opportunities of AI and ICME in Metals Recycling, Production and Processing

2021 ◽  
Vol 5 (1) ◽  
pp. 49
Author(s):  
Spyros Papaefthymiou ◽  
Marianthi Bouzouni ◽  
Vasilis Loukadakis
Keyword(s):  
Artificial Intelligence ◽  
Energy Input ◽  
Production Efficiency ◽  
Industrial Revolution ◽  
Lower Cost ◽  
State Of The Art ◽  
Materials Engineering ◽  
Fourth Industrial Revolution ◽  
Metals Recycling ◽  
The Way

The rapid penetration of Artificial Intelligence (AI) and all related developments of the fourth industrial revolution is paving the way for a more sophisticated production sequence that strives for higher quality, lower emissions and lower cost production. This work reviews and discusses these developments and correlates them with state-of-the-art changes in materials engineering. We highlight penetration paradigms of modern computation tools. These technologies sound very promising in terms of maximizing the production efficiency of modern industries and, thus, minimizing the required energy input, greenhouse gas emissions and leading the way to a more ecofriendly economy.

DEVELOPING THE SCIENTIFIC MAGAZINE IN THE PERIOD OF THE FOURTH INDUSTRIAL REVOLUTION 4.0

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Nguyen Duy Dung
Keyword(s):  
Artificial Intelligence ◽  
Information Technology ◽  
Industrial Revolution ◽  
Scientific Journal ◽  
Publishing Research ◽  
The Other ◽  
High Tech ◽  
Fourth Industrial Revolution ◽  
Socio Economic Development ◽  
International Scientific Journal

Characteristics of the industrial revolution 4.0 is the wide application of high-tech achievements, especially information technology, digitalization, artificial intelligence, network connections for management to create sudden changes in socio-economic development of many countries. Therefore, to reach the high-tech time, many magazines in Vietnam have changed dramatically, striving to reach the international scientific journal system of ISI, Scopus. The publication of international standard scientific journal will meet the demand of publishing research results of local scientists, on the other hand contribute to strengthening exchange, cooperation, international integration in science and technology.

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