The Impact of Industry 4.0 on Talent Management Practices

Abstract

Human capital is the most important resource for the Industry 4.0 transformation of businesses and directly affects the success of this transformation. Therefore, having a good talent management strategy is vital for businesses. In this chapter, the effects of Industry 4.0 on talent management are revealed by examining the studies in the international literature. In the results, it is understood that talent management is affected by the Industry 4.0 revolution in many ways, and the findings are examined in seven different groups. The required skills and capabilities of employees have changed, there has been a worldwide digital talent gap, the workplaces have been freed from their physical boundaries, the differences in the adaptation and use of technology of different generations have become clear, the effects of digital culture and leadership on the acceptance and use of technology have increased, online education and learning activities have become widespread, and the importance of harmonizing digital business strategies with talent management strategies has been revealed.