A study on the correlation between Human Resource Management and Organizational Sustainability in the Context of Industry 4.0: A Review

Abstract

The aim of the present study has been to analyze the ways in which Industry 4.0 impacts HRM functioning, its impact on organizational sustainability and the association between organizational sustainability, HRM in context to Industry 4.0. The findings of the paper indicate that Industry 4.0 and associated advancements would contribute to the HRM functioning to a significant manner, by automating various repetitive tasks. It is also expected to positively impact the workforce by automation repetitive tasks, giving the workforce to demonstrate their talent and skill set which would add value to the organization. However, for Industry 4.0 and associated advancements to be an aid for the growth and development of the workforce, the role of HR managers is integral, because, automation of various processes within the organizations would only result in the employees to be irreplaceable when the HR managers and organizational leaders promote a culture for knowledge sharing, which would in turn result in the employees to adapt to the organizational changes.