Analytical study of HRM practices in industry 5.0

Shivani Ganer · S O Kediya · Anup Suchak · Sahana Dey · G. Band

22 citations0/0 files storedIOP Conference Series Materials Science and Engineering

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AI and HR Technologies Human Resource and Talent Management Corporate Management and Leadership

Abstract

Abstract The industry 5.0 is the new revolution in which transition is going right now from industry 4.0. While industry 4.0 consisted of technological developments in the fields of data analytics, cyber physical systems and huge exposure to Artificial Intelligence, Machine Learning, IoT etc., Industry 5.0 is all about mass customisation or personalization of these existing technologies. While the world is going through this transition the current Human Resource Management of the organizations also has to go through this transition. The present research analyses certain factors affecting the HRM practises during this process. There are hypotheses formed on factors such as better performance, emotional intelligence, automation, and cross disciplinary workforce. The authors also try to propose certain possible and suitable suggestions based on analysis of these hypotheses towards smooth processing of the transition.

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References

2019Industry 5.0 and Human-Robot Co-working 2021Artificial intelligence and human workers interaction at team level: a conceptual assessment of the challenges and potential HRM strategies 2021Algorithmic human resource management: Synthesizing developments and cross-disciplinary insights on digital HRM 2021Rethinking companies’ culture through knowledge management lens during Industry 5.0 transition 2019Gamifying employer branding: An integrating framework and research propositions for a new HRM approach in the digitized economy 2018Strategic Knowledge Management in the Digital Age 2018Electronic human resource management (e-HRM): A new concept for digital age

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