HR4.0: shaping people strategies in the Fourth Industrial Revolution

The Fourth Industrial Revolution (4IR) is blurring the lines between people and technology. The impact of those changes on the way people work and businesses produce value spans all industries, economies, and societies and redefines the future of work. This paper represents an initial response to the changing role of organizations in the context of this challenge. It explores why the 4IR creates the impetus for transformation in people strategies and HR practices; outlines what business leaders can do to respond; and describes how organizations are already responding to the need for change, with examples of emerging roles, technologies and critical skills for the future of HR.

The paper identifies six key imperatives that business leaders, partnering with their human resources counterparts, will need to implement: (1) developing new leadership capabilities for the 4IR; (2) managing the integration of technology in the workplace; (3) enhancing the employee experience; (4) building an agile and personalized learning culture; (5) establishing metrics for valuing human capital; and (6) embedding diversity and inclusion.

Edited excerpts from publisher's website. Show less