Reverse Mentoring the Editing Edge in Management 4.0

Reverse Mentoring the Editing Edge in Management 4.0

Swati Sisodia, Neetima Agarwal
DOI: 10.4018/978-1-7998-0357-7.ch010
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Abstract

Industry 4.0 is based on the implementation of a cyber-physical system, which includes sensors, networks, computers, offering digital enhancement and well-coordinated activities. This would create a great pool of all the workforce generations, having diverse experience, agility, and different modes of working. Millennials would add more of machine learning and Generation X and Y would be the richest source of tacit and operational knowledge. Together, they would develop solutions for catering complex and networked production and aggressive logistic management, meeting the challenges of the Industry 4.0. However, the benefits of digitization and automation can be achieved, if the different generations of workforce collaborate, cooperate, and postulate together in all the business processes. Reverse mentoring is a pristine concept and ingenious method to empower learning and encourage cross-generational connections. This chapter would elaborate on the advantage of reverse mentoring in crafting Industry 4.0 more acrobatic and quick-moving.
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Industry 4.0

Industry 4.0 is referred to as a fourth industrial revolution where computers are connected and communicated with each other to provide solutions with human entanglement. The ongoing debate on the digital revolution and disruptive competition advantage have led to the erection of a new concept to the business as Industry 4.0 (Glas & Kleemann, 2016). They forge ahead in industrialization and informalization techniques that prodded gigantic advancement in building up the ameliorate technology for next generation workforce. Germany is leading a transformation towards, fourth generational industry revolution. In 2013, among one of the ten ‘Future Projects’ distinguished by the German government as a major aspect of its High-Tech strategy. By 2020, Industry 4.0 venture is viewed as a noteworthy undertaking by Germany to build-up itself as a pioneer leader of integrated industry (Xu et al., 2018).

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