Global trends favor balanced development, integrating socio-economic and environmental aspects. Sustainable development, emphasized by international organizations and the UN's Sustainable Development Goals, has evolved into Industry 5.0. Unlike Industry 4.0, Industry 5.0 prioritizes social justice and sustainable development, focusing on human-centricity, ecological balance, and resilience. It advocates for circular processes, reduced waste, and lowered environmental impact. The transition to a green economy requires bottom-up efforts from eco-entrepreneurs. In the era of knowledge-based economies, enterprises emphasize sustainable development, including the transition to Sustainable Human Resource Management (SHRM). SHRM combines sustainability with a soft approach to human resources, fostering trust, teamwork, and employee commitment. However, literature on SHRM lacks a universally accepted definition. This monograph aims to bridge gaps through theoretical and empirical examinations of connections between sustainable HR practices and Industry 5.0, identifying competencies needed for effective implementation within this framework. The study contributes to the understanding of the evolving relationship between Industry 5.0 and sustainable HR practices, setting the stage for further research.
Pay easily by card, Klarna, Apple Pay or Google Pay. Not happy? You always have a 14-day money-back guarantee. Read more in our terms. If you have any questions, email us at hello@memmo.org.
Memmo makes studying easier – wherever you are in the world. We bring your course books and smart study tools together in one place: summaries, quizzes, podcasts and flashcards. Plus Ted, your study buddy who answers anything you wonder. Over 50,000 students already study here – built to help you learn faster and stress less.