Change Management, Organizational Adaptation, and Labor Market Restructuration

2022 ◽  
pp. 1-21
Author(s):  
Charis Vlados ◽  
Theodore Koutroukis ◽  
Dimos Chatzinikolaou
Keyword(s):  
Labor Market ◽  
Change Management ◽  
Structural Changes ◽  
Industrial Revolution ◽  
Organizational Adaptation ◽  
Working Environment ◽  
Organizational Resilience ◽  
Foreseeable Future ◽  
Fourth Industrial Revolution ◽  
The World

The recent transformation caused by the COVID-19 pandemic crisis drives the world economy to an accelerated mutation. This chapter focuses on how the current developments affect the various socioeconomic organizations and systems and how they can adapt to this new emerging reality. To this end, relevant forecasts on the current pandemic crisis are examined. Τhis crisis seems to cause the acceleration of the Fourth Industrial Revolution, functioning as a catalyst of the structural changes also observed in the working environment. The chapter suggests that all socioeconomic organizations (irrespectively of their size, spatial reach, and sectorial focus) are called upon nowadays to readjust themselves and that innovation is the fundamental generator for exiting the ongoing structural crisis. However, innovation unavoidably creates significant changes that socioeconomic organizations must manage effectively in the foreseeable future, according to a new way of perceiving organizational resilience and adaptability for the post-COVID-19 era.

Evolution to Digital Government through Intelligent Government in Korea

2021 ◽  
Vol 8 (12) ◽  
pp. 98-109
Author(s):  
June-Suh Cho
Keyword(s):  
Information Technology ◽  
Stages Of Change ◽  
Future Development ◽  
Driving Force ◽  
Structural Changes ◽  
Industrial Revolution ◽  
Change Strategies ◽  
Digital Government ◽  
Fourth Industrial Revolution ◽  
The World

The Fourth Industrial Revolution can be summarized as the evolution of a connected and more intelligent society. Moreover, intelligence information technology is the driving force of change as the industry's fundamental structural changes. The intelligence government is one of the digital governments that the Korean e-Government aims for. Korea is one of the leading e-government countries in the world. It is responsible for leading and disseminating e-government around the world, especially in the developing world. In this paper, we discuss the stages of change, strategies, efforts, and examples from the Korean e-government to intelligent government, present guidelines, and discuss future development directions.

scholarly journals A PARADIGM OF CREATIVE ECONOMY IN THE CONTEXT OF CONTEMPORARY GLOBAL CHALLENGES

2018 ◽  
pp. 89-97
Author(s):  
V. Mazurenko ◽  
D. Kopiika
Keyword(s):  
Labor Market ◽  
Industrial Revolution ◽  
Forced Migration ◽  
Terrorist Attacks ◽  
Creative Economy ◽  
Fourth Industrial Revolution ◽  
Societal Challenges ◽  
Global Challenges ◽  
Short Period ◽  
The World

The article examines the evolution of the paradigm of a creative economy in the context of contemporary global challenges. The distinction between interpretations in different countries and the change of paradigm in time are singled out. Since the emergence and formation of the paradigm of the creative economy, a short period of time has elapsed. However, there have been significant changes in the structure of the economies of the world due to the dictation, informatization and implementation of the fourth industrial revolution, which led to a change in the paradigm of the creative economy. The development of this paradigm is influenced by the processes caused by global challenges. Among the contemporary global challenges to the creative economy, societal challenges are the most influenced: forced migration, terrorist attacks, etc., which relate to human capital and the labor market. Because forced migration causes an increase in the cultural and educational differentiation of the population, which leads to fluctuations in the labor market, blurring and distortion of creative clusters and creative environment. The necessity of purposeful influence of the state on the formation and development of a creative economy is determined.

Drivers of global industrial changes in the context of the behavioral economics

2019 ◽  
pp. 15-17
Author(s):  
Leonid Tsubov ◽  
Lyubov Kvasniy ◽  
Oresta Shcherban
Keyword(s):  
Behavioral Economics ◽  
Large Scale ◽  
Structural Changes ◽  
Industrial Revolution ◽  
Industrial Change ◽  
Negative Consequences ◽  
Fourth Industrial Revolution ◽  
Literary Sources ◽  
The World ◽  
World Economic

The article defines the main drivers of global industrial change in the context of behavioral economics. The author analyzes the literary sources and highlights the positive and negative consequences of the introduction of innovative technologies created in the course of the fourth industrial revolution. The essential features and content of the fourth industrial revolution as the driving force of the development of the world economy and economy of Ukraine are considered. The essence of the changes taking place in Ukraine and in the world in the conditions of globalization is analyzed. The possibilities of structural changes of the national economy in the conditions of the fourth industrial revolution are estimated. The obtained results develop the theory of innovative management in the part of the formation of the preconditions for managing the choice of strategies of innovative development in the conditions of the fourth industrial revolution. Possible directions of business development for Ukrainian enterprises are offered on the basis of evaluation of the main tendencies of development of the world economic system. The results of their systematization can be used as the basis for the formation of an information base for identifying the priority directions of innovation development. Further research should be aimed at forming of a mechanism for ensuring the social and economic development of Ukraine in the conditions of the fourth industrial revolution. The paper proves that for the development of the digital economy of Ukraine it is necessary to start a large-scale digitalization of all branches as soon as possible, investing the most in the development of digital infrastructure, innovations and modern technologies. Therefore, every effort should be made to ensure the success of Ukrainian innovation companies and those who invest in Ukraine.

scholarly journals Digital Transformation Modelling in the Context of Slowbalization

2021 ◽  
Vol 100 ◽  
pp. 01003
Author(s):  
Iluta Arbidane ◽  
Hanna Purii ◽  
Abdukhakim Mamanazarov ◽  
Serhii Hushko ◽  
Volodymyr Kulishov
Keyword(s):  
Industry 4.0 ◽  
Structural Changes ◽  
Industrial Revolution ◽  
Digital Transformation ◽  
Priority Areas ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Increment Rate ◽  
National Economies ◽  
Positive Results

The article studies modern concepts and theories of digital transformation of society, analyzes structural changes in the economy during the fourth industrial revolution, presents different views of experts on the expected positive results of Industry 4.0 in the context of globalization. The authors suggest models and correlate increment rate dynamics with the information globalization index in the world and individual countries, and identify trends in the development of digital transformation in the context of slowbalization. The study considers possible consequences and risks of Industry 4.0 and ways to level them, outlines the priority areas of digital transformation to ensure high competitiveness of national economies in the period of slowbalization.

Desserts With Oasis—SkillGap Analysis Into Dubai’s Labour Intensive Market

2019 ◽  
Vol 118 (11) ◽  
pp. 533-541
Author(s):  
Dr. Premila Koppalakrishnan
Keyword(s):  
General Population ◽  
Industrial Revolution ◽  
Digital Transformation ◽  
Digital Revolution ◽  
Scholarly Community ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Basic Level ◽  
The Revolution

The world stands on the precarious edge of an innovative transformation that will on a very basic level modify the manner in which we live, work, and identify with each other. In its scale, degree, and unpredictability, the change will be not normal for anything mankind has encountered previously. We don't yet know exactly how it will unfurl, however one thing is clear: the reaction to it should be incorporated and exhaustive, including all partners of the worldwide nation, from the general population and private segments to the scholarly community and common society. It is The Fourth Industrial Revolution, the digital revolution. The digital revolution has opened way for many impacts. All of the emirates are experiencing the effects of the “Fourth Industrial Revolution.” This revolution reflects the velocity, scope, and systems impact of a digital transformation that is changing economies, jobs, and work as it is currently known. Characteristics of the revolution include a fusion of technologies across the physical, digital, and biological spheres.

The education system in the era of the fourth industrial revolution: developing skills and thinking for learning

2021 ◽  
Vol 83 (1) ◽  
pp. 44-51
Author(s):  
S. Bespalyy ◽  
◽  
Ye. Ifutina ◽  
Keyword(s):  
Higher Education ◽  
Labor Market ◽  
Education System ◽  
Industrial Revolution ◽  
Digital Technologies ◽  
Professional Activity ◽  
Critical Element ◽  
Higher Education System ◽  
Fourth Industrial Revolution ◽  
The Impact

Computer systems and technologies are changing our society significantly. These changes are interconnected with both social and production spheres. Innovative digital technologies have a huge impact on the labor market and professional activity, contributing to their transfer to the electronic environment. Using digital technologies, modern people set new goals and solve problems with an increasing speed of problem solving, capitalizing on the possibilities of collaborative distributed actions within networks. In this regard, new competencies of specialists are in demand. Purpose: The purpose of this study was to establish the impact of the fourth industrial revolution on the education system and the development of skills and thinking for learning. Methods: When conducting scientific research, economic and statistical methods were used. These methods were also used in comparative analysis, as well as in assessing data and indicators of the higher education system, taking into account the impact of the fourth industrial revolution. The analytical method was used to consider the characteristics and factors influencing the development of skills and thinking for learning in modern conditions. The abstract-logical method is used to identify problems affecting the development of the labor market under the influence of digital technologies. Results and their value: The result of the study is that conclusions are drawn about the upcoming changes. Automation and digitalization are likely to lead to significant unemployment in most countries, so adaptation innovation policies are needed to help offset unemployment due to digitalization. Governments need to invest heavily in higher education as an economic development tool for their citizens. Lifelong learning should be identified as a critical element of success in the era of the fourth industrial revolution. Curricula should develop digital skills and address workforce disruptions due to automation.

scholarly journals SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENT AS A FACTOR OF ACCELERATING ECONOMIC GROWTH IN RUSSIA

2021 ◽  
Vol 230 (4) ◽  
pp. 237-244
Author(s):  
E.B. LENCHUK ◽  
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Large Scale ◽  
Industrial Revolution ◽  
Technological Development ◽  
Technological Basis ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Sustainable Economic Growth ◽  
Scientific And Technological Development

The article deals with the modern processes of changing the technological basis of the world economy on the basis of large-scale transition to the use of technologies of the fourth industrial revolution, shaping new markets and opens up prospects for sustainable economic growth. It is in the scientific and technological sphere that the competition between countries is shifting. Russia remains nearly invisible player in this field. The author tried to consider the main reasons for such a lag and identify a set of measures of state scientific and technological policy that can give the necessary impetus to the scientific and technological development of Russia.

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.

Sign in / Sign up

Export Citation Format

Share Document