Human Capital Management in the Fourth Industrial Revolution

Author:

Kalitanyi Vivence1ORCID,Goldman Geoff A.1

Affiliation:

1. University of Johannesburg, South Africa

Abstract

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.

Publisher

IGI Global

Cited by 3 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Transitioning HRM to HSM - Human Self-Management Goes beyond Traditional HR;Beyond Human Resources - Research Paths Towards a New Understanding of Workforce Management Within Organizations;2021-12-15

2. АНАЛІЗ АКТУАЛЬНОСТІ РОЗРОБКИ СИСТЕМИ ПІДБОРУ МАЙБУТНЬОЇ ПРОФЕСІЇ У ПІДЛІТКІВ;Молодий вчений;2021-02-26

3. Learning Resource Management from Investigating Intrinsic Motivation in Various Learning Environments;Proceedings of the Fourteenth International Conference on Management Science and Engineering Management;2020-06-30

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