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Industrial Revolution is the change in manufacturing and transportation begin with making by hand from using machineries. Almost three revolutions were happened in Business. Now, World Economic Forum were identified there is a change in business technology breakthroughs in a number of fields, including Robotics, Artificial Intelligence, Nanotechnology, Quantum Computing, Biotechnology, the Internet of Things, 3D printing and autonomous vehicles as Fourth Industrial Revolution in the year of 2016. Any changes were happened in the business environment there is a chance for the business to get benefited and affected or both. Fourth Industrial Revolution includes involvement of robotics in business it helps to improve the productivity as well as chance for reducing the product failure. Even though it leads to various HR issues such as, downsizing of employees, training to employees, emotional and Physical Stability of Employees, etc., finally, this paper deals with the future challenges and need to overcome the challenges by using various strategies for effective survival.
Keywords:
Artificial Intelligence, Downsizing, Emotional Stability, Nanotechnology, Training
Cite Article:
"Impact of Fourth Industrial Revolution in Human Resource Management", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.3, Issue 2, page no.59 - 61, February-2018, Available :http://www.ijrti.org/papers/IJRTI1802010.pdf
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000204872
ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator