Browsing by Author "Kumar, S. Pavan"

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    Branding the Skills to Work with Industry 4.0 Era: A Systematic Literature Review Using Prisma Protocol
    (Department of Marketing Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2021) Pinto, Steevan; Kumar, S. Pavan; Rashmi, Uchil
    The commencement of Industry 4.0 entails considerable changes for organizations and societies and is contributing to the world having a perception being a place characterized by vulnerability, Uncertainty, Complexity, and Ambiguity (VUCA).By 2025, companies need to update 40 per cent of their skill through re-skilling and up- skilling to adapt to the changing labor market, 85 per cent of millions of jobs might be displaced and 97 millions new job roles will be created once they are adopted. Thereon, conceptualization and development of a skill readiness model for Industry 4.0 is needed. This paper adapted a systematic literature review (SLR) methodology with the Preferred Reporting Items for Systematic Reviews and Meta Analyses (PRISMA) guidelines and content analysis strategy to review 87 papers in various peer- reviewed journals published from 2014 to 2020.Based on this review, our study makes two theoretical contribution to the literature of Industry 4.0.First ,this paper come up with the six more prevalent skills (Cognitive analytics, Resource management skills, People management, Critical thinking, Lateral thinking, and Creativity and Innovativeness) that can be considered as the most crucial skill to work with Industry 4.0.Second, this review reveals that lack of in-house talent is a hurdle for the deployment of Industry 4.0 Initiatives. This establishes that organizations need to largely focus on branding the skills to support and strengthen the development of Industry 4.0 initiatives. In summary, these six most prevalent skills particularly lay out research agenda for future research on skill readiness for Industry 4.0 era.
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    Planning for the Worst Case Scenario With Industry 4.0 Technologies : A Managerial Perspective
    (Department of Marketing Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2021) Sahoo, Poonam; Kumar, S. Pavan; Uchil, Rashmi
    Many researchers have attempted to outline the effect of COVID-19 pandemic on the implementation of Industry 4.0, which brought an inflection point and consider COVID19 pandemic as crisis that needs effective crisis management measures. Few researchers, consider COVID-19 pandemic as worst case scenario which can be dealt with advanced technologies in the form of Industry 4.0 and use the pandemic opportunity as an accelerator. One of the important variable organizations took into considerations as a business strategy, was managing the worst case scenario with advance technology for a surge in demand. The paper focus on two aspects, one from the managerial perspectives towards worst case scenario planning and other towards the role of advance technology in the worst case scenario. The study incorporated by adopting an exploratory approach with the use of qualitative methodology. The method of sampling selected was purposive sampling. Semi structured interviews conducted via face to face and telephonic by taking a sample of 32 general managers who are employed in various verticals including IT, Banking, Public sector organizations. The interview were recorded, transcribed and analyzed by applying content coding approach followed by thematic analysis. The finding of the study brings a total of five themes which enumerated as (1)leveraging technology, (2)Scenario planning, (3) People centric approach, (4)Continues learning culture, (5)Financial resilience. Along with this contribution, the study has considered various motivators which is required to sustain in the worst case scenario, which many organizations and enterprises have neglected by thinking that it was of such low probability and did not warrant any serious attention to plan for it. There is a gap in the research that maps a way forward that mangers can use as guide to recover and revive the organizations and deal with tremendous uncertainty with advance technology in the form of Industry 4.0 in the worst case scenario.