scholarly journals Workforce Skill Development Policy Guideline for Industrial Revolution in Thailand

Author(s):  
Pongpith Tuenpusa

An article presents policies for Thailand's workforce development under the context of the 4th Industrial Revolution. It will be helpful for executives to design policies to improve the country's workforce. Within context, the changes from the impact of the Industrial Revolution were due to the influence of Disruptive Technology. The paper explores directions, trends, impacts, and policies for managing labor issues in the Disruptive Technologies era. Studying the opinions of 26 CEOs and executives of businesses in Thailand(2019-2020) used or affected by the Industrial Revolution, obstacles, feedback, focusing on issues, concepts about Disruptive Technologies, and vocational education concepts. They are using qualitative research methodology and procedures to support policy. The study results are the impact of Industrial Revolution on Thai workers and technological TVET Institution to develop Thai people during Industrial Revolution, educational management to develop Thai people in the Thailand 4.0 Therefore focuses on increasing labor skills and educating to create new skill / Upskill /Reskill for workers under reality. The policy document also outlines recommendations from the public and private executives. The CEOs have advised on the issue of developing the skills and performance of the workforce in the future. The changes in the skills of older workers and summary provide policy recommendations to educational institutions and governments.

Author(s):  
Antonio Carlos Massabni ◽  
Leiraud Hilkner De Souza

This research covers an analysis of the essential aspects involving the Fourth Industrial Revolution, disruptive technologies and their consequences on work relations. Using literature reviews, analysing cases of companies that failed and others that remodeled themselves to survive the yearnings of the technological age, it was possible to obtain important results. The research was conducted in three parts: 1. historical contextualization guiding the reader on the main aspects and peculiarities of the Fourth Industrial Revolution; 2. definition, application and some examples of disruptive technologies; 3. confirmation of the impact of these technologies on work relations. The methods used were: hermeneutics, privileging theoretical studies and analysis of documents and texts and the deductive method, starting from existing laws and theories for the development of a logical reasoning to explain the central problem. Negative impacts of mass unemployment due to the replacement of human labor by highly technological machines cannot be stimated. These machines are part of what has been called disruptive technology, i.e., a product or innovative servant destabilizes competition, overcoming it in such a way that it promotes the rupture of existing models, ruining them. Professionals will be called to fill new jobs, with skills and competencies for Industry 4.0, whose interaction between man and machine will be essential. Use of big data in quality control, robots, fully automated vehicles, 3D printers in production lines, among other activities are examples of work demands.


2018 ◽  
Vol 3 (1) ◽  
pp. 72
Author(s):  
Ezekiel Owuor

Purpose:  The purpose of this paper was to explore the impact of disruptive technology on the performance of insurance firms in Kenya.Methods: The study utilized desktop literature review and focused on previously published journals in PDF format that address technology and the performance of insurance firms.  A total of 13 journals was found relating to technology and the performance of insurance firms. The study utilized a sample of 12 journals which were randomly selected from a list of published journals in PDF format relating to disruptive technology and performance of insurance firms. The theories underpinning of the study entailed Christensen's Theory of Disruptive Technology, the Diffusion of Innovation Theory and Schumpeterian Theory of Creative Destruction.Results: The review of literature revealed that various aspects of disruptive technology have a significant impact on organizational performance. The review showed that mobile phone technology has a significant influence and explains to a large extent the growth of micro insurance in Kenya. It was also found that the increase in industrial convergence, technological innovation and social digital trends increases the financial performance of financial institutions including insurance firms. The study also established that there is a strong and positive relationship between insurance innovation strategies and a firm’s performance. In addition, it was found out that real-time business evaluation through big data analytics boosts overall performance and profitability, thus thrusting the organization further into the growth cycle.Unique Contribution to theory, practice and policy: The leadership and management of insurance companies should put greater emphasis on the adoption of disruptive technologies to improve on both financial and non-financial performance as well as their competitiveness within the industry. These include Big Data, Analytics, Artificial Intelligence Systems, Cloud Computing and Digital Currency Technologies. Processes in the organizations should be refined to ensure that they are efficient and effective as this serves to increase market share and to reduce on operational costs. Moreover, explorations in disruptive technology should continue in the insurance industry as these would play a significant role in ensuring that efficiencies and effectiveness of business processes are achieved. The Insurance Regulatory Authority (IRA) should also develop policies that encourage innovation and the adoption of technology. The authority whilst exercising due diligence in its mandate to protect consumers should ensure policies do not stifle the growth and creativity of insurers. The regulatory body should also strive to create a favourable environment for the adoption of disruptive technologies.


2020 ◽  
Vol 2020 ◽  
pp. 1-45 ◽  
Author(s):  
Ocident Bongomin ◽  
Aregawi Yemane ◽  
Brendah Kembabazi ◽  
Clement Malanda ◽  
Mwewa Chikonkolo Mwape ◽  
...  

Very well into the dawn of the fourth industrial revolution (industry 4.0), humankind can hardly distinguish between what is artificial and what is natural (e.g., man-made virus and natural virus). Thus, the level of discombobulation among people, companies, or countries is indeed unprecedented. The fact that industry 4.0 is explosively disrupting or retrofitting each and every industrial sector makes industry 4.0 the famous buzzword amongst researchers today. However, the insight of industry 4.0 disruption into the industrial sectors remains ill-defined in both academic and nonacademic literature. The present study aimed at identifying industry 4.0 neologisms, understanding the industry 4.0 disruption and illustrating the disruptive technology convergence in the major industrial sectors. A total of 99 neologisms of industry 4.0 were identified. Industry 4.0 disruption in the education industry (education 4.0), energy industry (energy 4.0), agriculture industry (agriculture 4.0), healthcare industry (healthcare 4.0), and logistics industry (logistics 4.0) was described. The convergence of 12 disruptive technologies including 3D printing, artificial intelligence, augmented reality, big data, blockchain, cloud computing, drones, Internet of Things, nanotechnology, robotics, simulation, and synthetic biology in agriculture, healthcare, and logistics industries was illustrated. The study divulged the need for extensive research to expand the application areas of the disruptive technologies in the industrial sectors.


Author(s):  
Rezwan Ullah ◽  
Muhammad Zada ◽  
Imran Saeed ◽  
Jawad Khan ◽  
Muhammad Shahbaz ◽  
...  

This study examines the impact of negative workplace gossip (NWG) on employee political acts (PA) and the role of ego depletion (ED) as a mediator. We also examined the indirect impact of NWG on PA through ED controlled by emotional intelligence (EI). A three-wave time-lagged study (paper-pencil based) was performed with 277 employees from various private organisations in Islamabad, Pakistan. The current data were gathered in three phases to reduce common method bias. Study results indicate that NWG positively affects employees’ PA. The authors also found ED as a potential mediator in the association between NWG and PA. In addition, the results also indicate the indirect effect of NWG on targets’ PA via ED is reduced by targets’ EI, with the result that this connection is weak when targets’ EI is high. Because this research is limited to a single region of Pakistan, particularly Islamabad, its findings cannot be comprehensive. Future studies should use a larger sample size to accomplish the same study. Future studies may include more organisations (that is, Public) to conduct a comparative analysis of the public and private sectors. This article, based on the affective events theory (AET), argues that EI should be utilised to mitigate the effects of NWG. Along with our significant and relevant theoretical contributions, we provide novel insights into the body of knowledge on how managers may prevent or minimise such PA. The current study results support all direct and indirect hypothesised connections, with important implications for theory and practice. A review of the existing literature indicates that EI may be associated with a reduction in employees’ ED; however, EI has not been used as a moderator in mitigating the influence of NWG, ED, and PA in the past.


Author(s):  
Arvind Kumar

Disruptive technologies changed the way of doing business activities in our day to day life. It increased the business opportunities by using the internet. Today, these technologies have deeply penetrated different industries and their sub-sectors. Disruptive technology is the bunch of technologies which changed the way of life as well as it becomes the important part of all sectors of industry. Due to this lots of small-scale industries also grown up and got some new business opportunities along with new business market. Disruptive technologies increased the domain of customers which is much familiar with technologies and preferring it for other purposes also including business activities. In this paper we are going to discuss about the impact of disruptive technologies in different sectors of industry and how was that industry working or dealing before the innovation of the disruptive technologies.


2021 ◽  
Vol 5 (1) ◽  
pp. 22
Author(s):  
Usep Mohamad Ishaq

<span>This paper will analyze the extent of predictions to what extent the disruption predicted by Christensen has influenced the dynamics of universities in Indonesia and whether we have readiness in facing the disruption era and what strategies need to be taken so that universities can survive and carry out their role as important educational institutions in National development. The method used in this study is to study literature and collect quantitative data from various official sources including official reports from the Indonesian Ministry of Research and Technology and Higher Education and then process the data. The result of the study shows that disruptive technology has a negative impact only on learning institutions closely related to specific professions. However, the impact not so much shown in general.</span>


Author(s):  
Walter Archer ◽  
Randy Garrison ◽  
Terry Anderson

A recent book by Clayton M. Christensen, Associate Professor of Business at Harvard University, discusses the sometimes devastating impact in the corporate environment of what he refers to as "disruptive technologies." Successful, well-managed firms that dominate their markets have sometimes gone into a sharp decline or even collapsed when a new technology disrupts the pattern of their market segment. Other firms, however, have handled such transitions smoothly, maintaining their position of dominance in the market by employing specific techniques to integrate the new and disruptive technology into their operations.Traditional research universities enjoy a dominant position in the higher education "market," but they are beginning to feel the impact of disruptive technologies such as distance education. They may benefit not only from an examination of the insights that Christensen has derived from his study of the impact of disruptive technologies in the corporate environment but also from a selective application of the techniques for coping with disruptive technologies that Christensen has found to be effective in the business world. Some of these techniques imply an important role for continuing education units as semi-autonomous incubators of disruptive innovation.


2019 ◽  
pp. 97-110
Author(s):  
Leonid Hr. Melnyk

The relevance of the work explains the need to promote advanced scientific knowledge in the context of accelerating scientific and technological progress. The purpose of the article is to reveal the main content of disruptive technologies and related socio-economic processes that occur during the three industrial revolutions. Based on a retrospective analysis of socio-economic revolutions in human history, the popular scientific essay explains the logic and development of technical and social systems. The article shows how the change of production forces and economic relations influences the ratio of individual components in the essential triad of man: bio-socio-labor. The content of the three industrial revolutions that humanity experiences today is revealed separately (Industry 3.0, Industry 4.0, Industry 5.0). It is explained that the works that launched these revolutions took place in the European countries. In particular, the Third Industrial Revolution is aimed at solving the problems of the global environmental crisis. The key transformation tools are alternative energy, additive technologies based on 3D printers, horizontal network structures of production and consumption. The main direction of the Fourth Industrial Revolution is the creation of a unified network of cyber-physical systems capable of working without humans. One of its leading forms is the Internet of Things. The humanization of socio-economic development is a key objective of the Fifth Industrial Revolution, which is focused on achieving the maximum realization of the creative potential of the human-social basis. The focus is on the key processes of the three industrial revolutions and the changes that take place in the essential triad of man. This article is a popular scientific essay. Key words: industrial revolution, disruptive technology, personality, human-bio, human-socio, human-labor, cyber-physical system.


2019 ◽  
Vol 35 (12) ◽  
pp. 30-32

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Middle-skilled workers are the ones most likely to suffer due to disruptive technologies. This briefing considers the impact of disruptive technology, and looks at possible strategies for helping those workers find new employment. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2020 ◽  
Vol 7 (1) ◽  
pp. 1-10
Author(s):  
Arvind Kumar

Disruptive technologies changed the way of doing business activities in our day to day life. It increased the business opportunities by using the internet. Today, these technologies have deeply penetrated different industries and their sub-sectors. Disruptive technology is the bunch of technologies which changed the way of life as well as it becomes the important part of all sectors of industry. Due to this lots of small-scale industries also grown up and got some new business opportunities along with new business market. Disruptive technologies increased the domain of customers which is much familiar with technologies and preferring it for other purposes also including business activities. In this paper we are going to discuss about the impact of disruptive technologies in different sectors of industry and how was that industry working or dealing before the innovation of the disruptive technologies.


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