FACING THE INDUSTRIAL REVOLUTION 4.0: AN INNOVATION-BASED HUMAN RESOURCE DEVELOPMENT CONCEPT
Keywords:
Industrial Revolution 4.0, Innovation, Human Resource DevelopmentAbstract
In today's dynamic and competitive era, companies are faced with tough challenges by meeting the growing needs and expectations of the market and customers. To ensure competitiveness and success, organizational managers need to accept innovation as a key element of the organization. However, the main driver of innovation is people and to be successful it is necessary to support, plan and maintain a culture of innovation. Based on these aspects, the author proposes a human resource development framework for innovation, in order to achieve organizational performance to meet the Industrial Revolution 4.0. The purpose of this framework is to offer, to all managers, a clear picture of the existing capacity of HR to innovate and the possibility to develop this capacity in order to increase the capacity of organizations for innovation, thereby increasing their chances of success in today's era.
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