Challenges for Industry 4.0 in Management Area

Abstract:

In modern industry, we are slowly reaching the limit where performance, productivity, efficiency may be increased by better organization of systems and continuous improvement of production processes. Undoubtedly, the human factor, including the intellectual capital and reorganization of the management processes, make unused potential in this regard. The purpose of this article is to identify the changes taking place in the area of organizational management in response to the assumptions and defined development trends of Industry 4.0. The idea called Management 3.0 constitute the future of modern management. Creation of complex adaptive management systems will become a requirement for the efficient organization and efficient functioning of intelligent Industry 4.0 enterprises

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