3. Introduction
What is Industry 4.0 ?
Launched by the German government in 2011.
Digitalisation and interconnection of products, value
chains, machines and processes
Manufacturing
Changing Industries
5. Shared perception of policies, procedures and
practices.
Precursor to positive organisational outcomes.
Management’s prioritisation of employee wellbeing.
Resources to balance demands.
Psychosocial Safety Climate (PSC)
6. Innovation Capacity
Ability of an organisation to develop and implement
new ideas and products.
Strong link between Industry 4.0 and Innovation.
Value embedded technologies and processes into
marketable outcomes.
7. Attitudes towards Organisational Change
Increase in use of Artificial Intelligence and automation
I4.0 will change the way we understand work.
Having the correct attitude and the correct response to
change is extremely vital.
Organisations that are more confident in their ability to change
are better equipped to handle the adverse effects of change.
9. Results from path analysis
Model 1
Psychosocial
Safety Climate
Innovation
Capacity
Attitudes towards
Organisational
Change
Readiness for
Industry 4.0
10. Variance explained by Innovation Capacity
and Attitudes Towards Organisational
Change
59%
41%
Readiness for Industry 4.0
IC and ATOC
Others
11. Key Findings
Managers safeguard employee wellbeing and are able to make
employees feel safe and valued.
Innovation Capacity and Attitudes towards Organisational Change
are significant predictors.
This suggests that PSC is an important precursor.
Look beyond technological aspects to prepare for Industry 4.0.
12. Practical Implications
Informs practitioners to go beyond keeping up with
technological advancements.
Informs managers how they can create a conducive climate.
Employee wellbeing impacts a wide range of business and
productivity outcomes.