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Business Ethics 4th Industrial Revolution
Business Ethics 4th Industrial Revolution
4th Revolution:
1. In January 2011, Industry 4.0 was initiated as a “Future Project” by the German
federal government
2. With the introduction of IPv6 in 2012, virtually unlimited addressing space
become available
3. Government, private companies and industry association have been focusing on
and making investments since 2010s
What is Industry 4.0
The 4th Industrial Revolution will take what was started in The 3th Industrial with the adoption
of computers and automation :
1. Enhance with smart and autonomous systems
2. Fueled by data and machine learning
What is The Changing
https://www.socialeurope.eu/here-are-the-new-social-risks-of-the-fourth-industrial-revolution
What is the Challenge
Shifting skillset for Industry 4.0
What is the Challenge
1. Skillset for Industry 4.0
Source :
Deloitte - Preparing tomorrow’s
workforce for the Fourth Industrial
Revolution
What is the Challenge
2. Mindset and Culture
Source :
Deloitte - Preparing tomorrow’s
workforce for the Fourth Industrial
Revolution
Ethical in Industry 4.0
Overall, executives around the world are in the early stages of readying their
organizations to harness the full potential of Industry 4.0. There are
opportunities to strengthen key connections that will benefit their clients,
their people, their organizations, their communities and society more
broadly.
While the Fourth Industrial Revolution has the power to change many things
across a broad spectrum - work, operations, society - one thing is certain.
Executives need to be ready. The old way of doing things isn’t enough
anymore, and those who make the most impact will be the ones who
embrace all facets of Industry 4.0 and all the opportunities it will bring.