Selected Aspects of the Managerial Function Organizing in the Context of Industry 4.0

Authors: Nadežda Jankelová, Zuzana Joniaková

DOI: https://doi.org/10.37082/IJIRMPS.ICTIMESH-23.12

Short DOI: https://doi.org/mgdx

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Abstract: The shift in industrial revolutions is irreversible. The changes have to be reflected in the management. Management as science develops under the influence of these changes, therefore it is necessary to monitor, verify and implement them into theory. The aim of the contribution is to identify the impact of the fourth industrial revolution on the managerial function of organizing. The study deals with the identification of the mentioned changes both on a theoretical level based on a search of relevant scientific literature, and on a practical level based on the analysis of data from a questionnaire survey in 115 industrial enterprises in Slovakia. Descriptive statistics were used, as well as structural equation modeling with SmartPLs 3.3 software. The results point to the introduction of agility, flexibility, and teamwork approaches in the context of Industry 4.0. However, new trends in organizing, arising from the influence of Industry 4.0, cannot be implemented without leadership 4.0, which is the complete mediator of this relationship. A significant challenge for management in the Industry 4.0 era is not only to find and implement the right technology but to translate it into relevant organizational arrangements through progressive leaders who have the potential to foresee future developments, thus preparing businesses to adapt to the modern phenomenon.

Keywords: Industry 4.0, Management, Leadership

Paper Id: 3.112

Published On: 2024-01-23

Published In: Special Issue - International Conference on Trends & Innovations in Management, Engineering, Sciences and Humanities (January 2024)

Cite This: Selected Aspects of the Managerial Function Organizing in the Context of Industry 4.0 - Nadežda Jankelová, Zuzana Joniaková - IJIRMPS Special Issue - International Conference on Trends & Innovations in Management, Engineering, Sciences and Humanities (January 2024). DOI 10.37082/IJIRMPS.ICTIMESH-23.12

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