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.

Details

Title
Analytical study of HRM practices in industry 5.0
Author
Ganer, S D 1 ; Kediya, S O 2 ; Suchak, A K 3 ; Dey, S K 4 ; Band, G 5 

 Student, Department of Management Studies, G H Raisoni College of Engineering , Nagpur , India 
 Associate Professor, Department of Management Studies, G H Raisoni College of Engineering , Nagpur , India 
 Associate Professor, Central Institute of Business Management Research and Development , Nagpur , India 
 Associate Professor, Faculty of Management Studies, ICFAI University , Jharkhand , India 
 Assistant Professor, Shri Ramdeobaba College Of Engineering and Management , Nagpur , India 
First page
012041
Publication year
2022
Publication date
Oct 2022
Publisher
IOP Publishing
ISSN
17578981
e-ISSN
1757899X
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2731149570
Copyright
Published under licence by IOP Publishing Ltd. This work is published under http://creativecommons.org/licenses/by/3.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.