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VUCA-RR Toward Industry 5.0

Bülent Akkaya (Manisa Celal Bayar University, Turkey)
Junaid Ahmed (Shaheed Zulfikar Ali Bhutto Institute of Science and Technology, Pakistan)

Agile Management and VUCA-RR: Opportunities and Threats in Industry 4.0 towards Society 5.0

ISBN: 978-1-80262-326-0, eISBN: 978-1-80262-325-3

Publication date: 9 August 2022

Abstract

The future will see a new revolution in both industry and society in Industry 5.0. Human–robot collaboration and robotic management will be critical components of Industry 5.0. In this revolution, humans and robots will collaborate to improve process efficiency by utilizing human intelligence and innovation. Industry 5.0 creates a powerful framework for modern digital smart factories and manufacturing technologies through complex systems, and it is constructed to interact with powerful computing power, to solve complex problems more efficiently and with less human intervention in this Volatile, Uncertain, Complex, Ambiguous, Radicality, and Rapidity (VUCA-RR) world. To overcome VUCA-RR world, Industry 5.0 involves a combination of human and robotic systems for sustainable development. Managers, practitioners, researchers, and educators are scrambling to understand and implement the method as well as to find best practices toward Industry 5.0. This chapter will draw attention to research and practice topics in the VUCA-RR and business agility development methodology in perspective of Industry 5.0.

Keywords

Citation

Akkaya, B. and Ahmed, J. (2022), "VUCA-RR Toward Industry 5.0", Akkaya, B., Guah, M.W., Jermsittiparsert, K., Bulinska-Stangrecka, H. and Kaya, Y. (Ed.) Agile Management and VUCA-RR: Opportunities and Threats in Industry 4.0 towards Society 5.0, Emerald Publishing Limited, Leeds, pp. 1-11. https://doi.org/10.1108/978-1-80262-325-320220001

Publisher

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Emerald Publishing Limited

Copyright © 2022 Bülent Akkaya and Junaid Ahmed