Resilience and Human-Centric Perspectives for Organizations in Industry 5.0

Abstract

In the emerging world researchers put forward the idea of industry 5.0, focusing on the concept of human centricity, sustainability and resilience approaches in the organizations. Industry 5.0 includes technological advancement along with giving importance to the human capital. During the past, the industrial revolution emphasized the productivity, production quality and growth of business. There was less importance for the human capital and employees well being in the changing industrial style giving importance to the human capital, by integrating technological advancements. It is recognised for the societal values that are embedded, the whole industry 5.0 revolves around sustainability, human centric and resilience in the organization. In this book chapter we explore the concept and applicability of these topics. The book chapter used literature review method and case study analysis for thorough understanding of the subject.