Mayas Publications logo
Buy Books Buy journals

Industry 5.0: A Human Resource Perspective on Reskilling and Upskilling for the Industry

Back To Issues

Issue Abstract

Abstract

     Industry 5.0, often known as the Fifth Industrial Revolution, is changing the workplace around the world. Driven by cutting-edge technologies like big data, robotics, the Internet of Things, and artificial intelligence (AI), this era requires a workforce that is extremely talented, flexible, and nimble. Under these circumstances, reskilling and upskilling have become essential tactics for businesses to maintain their competitiveness while enabling their staff to flourish in a changing workplace.Industry 5.0 marks a transformative phase in industrial development, emphasizing the collaboration between humans and advanced technologies. As industries transition into this era, the role of human resources (HR) in facilitating reskilling and upskilling becomes critical. This review article explores the concepts of Industry 5.0, the changing nature of work, and the strategies HR can adopt to prepare the workforce for this transition.

Keywords: Human Resource Management, Fourth Industrial Revolution (4IR), Upskilling, Reskilling, Deskilling

Author Information
Kanagaraj Venusamy, Research Scholar, P.G. and Research Department of Management Studies, Jamal Institute of Management, Jamal Mohamed College, Affiliated to Bharathidasan University, Trichy,
Issue No
1
Volume No
5
Issue Publish Date
06 Jan 2025
Issue Pages
115-118

Issue References

References

  1. European Commission. (2021). Industry 5.0: Towards a sustainable, human-centric, and resilient European industry.

  2. Deloitte Insights. (2022). The future of work: Preparing for Industry 5.0.

  3. PwC. (2023). Upskilling for Industry 5.0: A strategic perspective.

  4. World Economic Forum. (2023). The reskilling revolution: Preparing for the future of work.

  5. Esan, O. Systematic Review of Human Resource Management Demand in the Fourth Industrial Revolution Era: Implication of Upskilling, Reskilling and Deskilling. Lead City Journal of the Social Sciences, 88.

  6. Leon, R. D. (2023). Employees’ reskilling and upskilling for industry 5.0: Selecting the best professional development programmes. Technology in Society, 75, 102393

  7. Achoki, P. M. A. (2023). Upskilling and Reskilling for a VUCA World: Organizational Sense-Response Framework. GiLE Journal of Skills Development, 3(2), 34-52.

  8. Gorski, A. T., Gligorea, I., Gorski, H., & Oancea, R. (2023). Navigating the Disruptive Challenges and Opportunities of Digital Transformation in the Labour Market: Upskilling and Reskilling for the Fourth Industrial Revolution. In International conference Knowledge-Based Organization (Vol. 29, No. 3, pp. 23-29

Back To Issues