ABSTRACT
Driven by radical innovations in manufacturing processes Industry 4.0 will significantly affect the workforce and turn the world of work upside down. The study makes a direct link between the Fourth Industrial Revolution and its impact on the workforce in the Indian automotive industry. It also examines the changing role of HR professionals in the Industry 4.0 paradigm. The findings of the study reveal that successful implementation depends on the ability of organisations to effectively attract, retain, and develop the workforce, and foster a culture of innovation and lifelong learning through re-skilling, and up-skilling. This study is based upon the review of literature on Industry 4.0 and the automotive sector globally. Prior studies examining the Industry 4.0 adoption in the automotive industry focused on technical aspects and not much emphasis was laid on the workforce implications and strategies. This study, therefore, attempts to fill the gap and develop a workforce framework that can help in increasing organisational effectiveness in Industry 4.0 paradigm.
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Additional information
Notes on contributors
Anju Verma
Anju Verma is a PhD scholar at the Indian Institute of Foreign Trade (IIFT), Delhi. She works as an Assistant Professor at Shri Ram College of Commerce, University at Delhi. Her areas of academic interest are Human Resource Management and Organisational Behaviour. She has research papers published in national and international peer-reviewed journals of repute. She has also participated and presented papers at various national and international conferences, workshops, seminars, and FDP’s and symposiums.
M. Venkatesan
Venkatesan is a professor at the Indian Institute of Foreign Trade (IIFT), Delhi. His areas of Specialisation include General Management and Strategy. He has a membership of many reputed associations in India, the UK, and the USA. He has been conferred with many academic awards. He has research papers published in various national and international peer-reviewed journals of repute. He has also presented papers at various national and international conferences and attended seminars and workshops.