The Future of Management: Volume Two: Industry 4.0 and DigitalizationPaperback, 4 April 2023

The world is standing on the very edge of the fastest industrial revolution ever. A revolution which will rapidly increase the efficiency of many production processes. Automation (both mechanical and the one happening with computer processes) will reduce the demand for human work and release a huge amount of time we can use for further development. Industry 4.0 has been a buzz word recently. It is about interconnecting devices and giving them the possibility to making autonomous decisions. It is certainly a way of increasing efficiency of production, but it will also have impact on the facilitation of other processes within the organization.

At the same time, it is said that we are on the verge of an ecological catastrophe and that we have merely a few years before irreversible climate changes may endanger the future of our species. Some say, that the development of AI will solve most of our problems. We believe that the need for the activity of human beings will be even bigger.