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Industry 5.0
THE NEXT INDUSTRIAL
REVOLUTION IS PEOPLE-CENTRIC
Intro
In this white paper, we propose to discover what Industry 5.0 means
to business owners today: how they can stay competitive with this new trend
and how employees can benefit from it!
Since the turn of the 2010s, the fourth industrial revolution, also known
as Industry 4.0, has been taking place. This refers to the automation
of manufacturing companies and the integration of new technologies into
production lines.
But as soon as this concept was integrated, we heard about a new evolution,
this time focused on the idea of placing people at the heart of technology:
Industry 5.0. This approach goes beyond the sole objectives of efficiency and
productivity. It places the worker as well as his or her well-being as central
elements in the production process, and uses new technologies to ensure the
overall success of companies while following the ecological transition.
"It complements the existing Industry 4.0 approach by specifically putting
research and innovation at the service of the transition to a sustainable, human-
centered and resilient European industry." (European Commission)
It is now time to get on board with Industry 5.0.
Jean-Philippe Raiche
Partner, Strategy and Development
Proaction International + UTrakk
revolution, We live in an era of increasing automation, where machines take over human tasks with
a minimum of manpower. However, a new industrial revolution is on the horizon, aimed
Industry 5.0, will at improving the lives of workers through technology rather than replacing them with robots.
change forever
the way how the
manufacturing
industry and
many others
operate.
Jean-Philippe Raiche
Partner, Strategy and Development,
Proaction International + UTrakk
In fact, it’s about understanding how the human mind works before designing New skills for workers and Being able to change quickly
circular processes to leave to stay ahead of the curve
systems that work for people. a better world for future and adapt to changing
generations. market dynamics.
Ability to adapt
Industry 5.0 companies must quickly change their mindset to stay ahead
of the curve and adapt to market changes. That’s where adaptability
The ability to
comes in. It’s about being bounce back from failure, learn from your adapt quickly
mistakes and move forward with a positive mindset despite setbacks.
to change is essential for
Adaptability is also about ensuring that companies have the right
infrastructure in place to continue to operate at a high level even in the Industry 5.0 companies
event of a natural disasters or other crises.
that want to
The ability to stay positive in the face of adversity can be a powerful
tool for companies that want to increase their chances of success
remain competitive
in today’s highly volatile economic landscape. It goes hand in hand in a changing and
with sustainability, as it helps companies stay aligned with their goals
and objectives. uncertain world (new
technologies, changing
market needs).
Jean-Philippe Raiche
Partner, Strategy and Development,
Proaction International + UTrakk
Sustainability
Adding new skills for workers means companies can reduce Sustainability is also about implementing circular processes
costs while continuing to provide quality products/services that enable the reuse, recovery and recycling of natural
to customers. resources, reducing waste and environmental damage (such
as greenhouse gas emissions), and increasing the efficiency of our
It also means that employees will be more likely to stay with
manufacturing processes.
their employer longer. This is because they feel valued by being
offered new opportunities for learning and career development It’s about making sure we leave a better world for future generations.
opportunities. Ultimately, employers who invest in continuous That’s why companies must invest in the people and processes that
learning throughout their employees’ careers are more likely ensure a more sustainable future.
to see higher levels of engagement, productivity and profitability.
Businesses must build on the successes of the Fourth Industrial
That’s good for business and for society, because it leads to stronger
Revolution by implementing a new set of rules and policies that
communities that offer more opportunities for everyone.
address the challenges and opportunities of today. The fifth industrial
revolution will require companies to rethink their business model
and the way they do business.
Industry 5.0 will become a reality in the Recognize Industry 5.0 as a growing Create a collaborative culture focused
next few years. However, when it fully trend and be aware of its potential on innovation, agility and velocity.
arrives depends on your company and your impact on your business.
Create an open environment that
industry. The key elements of Industry Accept the ever-growing needs encourages employees to share
5.0 are already starting to play out of your employees and empower them ideas, collaborate and work with
today. As these trends gain traction with to succeed, realize their potential partners outside the organization
consumers, companies will compete more and contribute to the success (including customers).
fiercely than ever by adopting advanced of the organization.
Keep your customers in mind by using
technologies that give their products
Provide adequate training and skills data analysis tools to better understand
advantage over their competitors.
development so that employees can their needs, preferences and behaviors.
adapt to change. You can then deliver better products
and services faster.
Invest in the technology and
infrastructure needed to become
a become a digital enterprise.
Knowledge
UTrakk DMeS continues to serve
Field
Tour Center this mission.
Our digital management ecosystem
UTrakk Assistant
helps managers increase the impact
they create in their role tenfold.
Following the principles of Industry
5.0, it enables them to improve their
Rituals Coaching business performance by leveraging
both technology and people,
placing the latter at the heart of the
Actions,
production process.
opportunities,
projects
START
Move to
Industry 5.0
and provide an
unparalleled
management
experience
For Your Managers