Reskilling and Upskilling the Future-ready Workforce for Industry 4.0 and Beyond
By Ling Li. Information Systems Frontiers, 2022
617 citations recorded by the source corpus.
Industry 4.0 is revolutionizing manufacturing processes and has a powerful impact on globalization by changing the workforce and increasing access to new skills and knowledge. World Economic Forum estimates that, by 2025, 50% of all employees will need reskilling due to adopting new technology. Five years from now, over two-thirds of skills considered important in today’s job requirements will change. A third of the essential skills in 2025 will consist of technology competencies not yet regarded as crucial to today's job requirements. In this study, we focus our discussion on the reskilling and upskilling of the future-ready workforce in the era of Industry 4.0 and beyond. We have delineated top skills sought by the industry to realize Industry 4.0 and presented a blueprint as a reference for people to learn and acquire new skills and knowledge. The findings of the study suggest that life-long learning should be part of an organization’s strategic goals. Both individuals and companies need to commit to reskilling and upskilling and make career development an essential phase of the future workforce. Great efforts should be taken to make these learning opportunities, such as reskilling and upskilling, accessible, available, and affordable to the workforce. This paper provides a unique perspective regarding a future-ready learning society as an essential integral of the vision of Industry 4.0.
Subfields: Industrial and Manufacturing Engineering, Information Systems
View Paper: https://www.semanticscholar.org/paper/cf7a0e84899ac9a4d6a023c68d744e9d54263a51
How researchers see this paper
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- F. Fraboni
- Marco De Angelis
- Davide Giusino
- Sofia Morandini
- G. Puzzo
- Luca Pietrantoni
Citations in the corpus
- The Impact of Artificial Intelligence on Workers' Skills: Upskilling and Reskilling in Organisations (2023, background): “Reskilling can help organi sations to improve their overall competitiveness, as employees with the right skills are better equipped to drive innovation and create value for the company (L. Li, 2022).”