Effects of the Fourth Industrial Revolution on Human Resource Management

This book delves into the fundamental revolution of Human Resource Management (HRM), examines how the fourth industrial revolution has affected Human Resource (HR) practices and provides crucial knowledge for experts, teachers, and students. It traces the transition from HR 4.0 to HR 5.0, placing special emphasis on the incorporation of Artificial Intelligence (AI). Challenges in numerous fields are discussed, along with real-world applications and workable examples. Industry leaders from around the world offer their opinions and analyze projections of Industry 5.0's rise. Success stories from organizations like Electrolux and Cigna show how AI has had a revolutionary impact on internal mobility and talent acquisition, resulting in quicker recruiting cycles and better candidate experiences. The book also dives into environmentally responsible HRM practices and technological integration, and serves as a guide in the titanic struggle of determining the direction of HR practices.