Future of Work: Industry 4.0, Innovation & 21st Century Skills

The fourth industrial revolution is changing the way we communicate with each other, conduct business, and imagine our societies and almost every aspect of our lives. Its scope is far broader and goes beyond the scope of smart and connected machines or systems. Due to the confluence of these technological advancements and their interplay across the physical, digital, and biological realms, the fourth industrial revolution is fundamentally distinct from the preceding revolutions. Even as the globalisation of businesses and supply chains has, over the last few decades, positively impacted business organisations, the events of the last few years have exposed several vulnerabilities. A global pandemic, economic sanctions, and geopolitical conflicts have all had significant implications for the future of supply chains, particularly the flow of trade, talent, and technology.