Charting Human Capital's Course: Seizing Opportunities and Tackling Challenges in the Industry 5.0 Landscape

Abstract

Industry 5.0 represents a significant shift in the relationship between technology and human capabilities. To succeed in this new era, organizations must strategically utilize human capital analytics. This paper explores the theoretical foundations, opportunities, and challenges associated with applying human capital analytics in Industry 5.0. Through a comprehensive review of literature, the study aims to shed light on the profound impact of human capital analytics on workforce management, organizational performance, and innovation. It seeks to identify key prospects and obstacles related to the adoption of human capital analytics strategies and offer practical recommendations for organizations aiming to leverage Industry 5.0 technologies. Ultimately, the research findings highlight the crucial role of human capital analytics in driving competitive advantage and organizational success in Industry 5.0.