If you’re waiting for the Fourth Industrial Revolution/Industry 4.0 to start – then you’re too late as it’s happening right now!
Industry 4.0 is the biggest story across all manufacturing sectors, but many companies are lagging behind the likes of aerospace and automotive when it comes to adopting new and radical technologies that will make the industry more productive.
Automation and robotics, big data and digitisation are the key ingredients manufacturers want to be adding to their manufacturing plants – but you also need the skilled workforce and knowledgeable leadership to drive through this seismic shift.
The two go hand-in-hand, so it is not just about the technology but ensuring that you have the right people in place. These are the ‘added value’ that will make the transition successful and chief executives and HR directors need to be alert to this as the industry looks to finally grasp Industry 4.0.
Upskilling the existing employees is a start, but with 20 percent of the manufacturing workforce expected to retire in next 10 years, it is about reaching out to the Millennial’s, who will make up 75 percent of the UK workforce by 2025.
Last year, global business giants KPMG noted that Industry 4.0 ‘will require a massive transition in employee skills, recruitment and training.
‘The challenge is significant. HR leaders will need to identify the new skills and capabilities that will be required in the future. Those current employees willing and able to be upskilled and retrained will need to be identified. New talent will need to be attracted, retained and integrated into the business.’
The race is on to capture the best talent. What are you doing about it?
OUR INDUSTRY 4.0 FOCUS
Companies in the attraction, recruitment and retention of the candidates needed to drive Industry 4.0 projects