Your Weekend Essentials: 4 must-reads to dive into
Take Charge of Change as we explore the latest trends and developments through insights from RSM's global experts.
1. How manufacturers are adopting Industry 4.0 in Europe
The Fourth Industrial Revolution (Industry 4.0) is transforming manufacturing on a global scale. Defined in part by intelligent systems, Artificial Intelligence (AI), big data, and advanced IT architecture, Industry 4.0 represents the next chapter in the overall story of manufacturing – and many organisations are eager to embrace this transition.
However, despite the buzz and potential benefits, there are still hurdles to overcome on the road to Industry 4.0. RSM's experts across Europe delve into the driving forces behind the fourth industrial revolution and the challenges that lie ahead.
2. Why people are at the heart of digital transformation
In the final article in our series on digital transformation, RSM experts explain why organisations should keep prioritising people as they undergo technological change. If you missed the first two articles, you can find them below:?
Despite growing automation and advancements in Artificial Intelligence (AI), robots haven't quite stolen our hearts. Clients' long-held preference for human interaction persists even as AI becomes remarkably sophisticated.?This isn't limited to pleasant interactions either; research shows consumers have less empathy for AI telesales bots and disconnect faster. In fact, some of the most successful recent technologies, like those fostering human connection, have flourished due to this "lifelong passion" as one researcher put it.
While profound digital transformation is undeniably reshaping industries, and AI will likely improve and gain acceptance over time, human interaction will remain crucial.?This highlights the importance of not just technological solutions, but also addressing the "people problem" for successful digital transformation projects.
3. Working from anywhere culture requires diligent approach to tax and social security
View our series on?working from anywhere ?and find out more about our?global employer services .?
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The rise of remote work offers flexibility and opportunity, but also presents tax and social security challenges for both employers and employees. Determining tax residency, avoiding double taxation, and managing social security contributions can be complex.
For organisations, embracing remote work offers a wider talent pool and a potentially more diverse workforce. However, employers must be mindful of their own tax and social security obligations. Establishing clear remote work policies that address these issues is crucial. Ultimately, clear communication, a proactive approach, and potentially seeking professional guidance can ensure a smooth work-from-anywhere experience for all.
4. Five ways leaders can inspire inclusion in the workplace
Inclusion is a practice that becomes a mindset. It requires a concerted effort to identify and address systemic barriers to inclusion, as well as a commitment to ongoing education and awareness-building initiatives.
By embedding inclusive practices into everyday operations and decision-making processes, organisations can create a culture where diversity is celebrated and every individual is empowered to thrive.
To establish a practice of inspiring inclusion, in which each person can play a role in shaping a culture of belonging and respect, there are several behaviours that sets the tone from the top.
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Board Certified Healthcare Executive l U.S. Navy. In DoD Skill Bridge, transitioning out January 31st, 2025, and exploring opportunities.
4 个月“The transition to Industry 4.0”, according to Brinkmann, “takes place in several stages: The computerisation of processes, consolidation of distributed IT systems, the creation of connectivity, the establishment of transparency and predictability, and finally the creation of autonomous systems, self-control, and self-optimisation.” Though there is so much good content here, the above quote is very interesting. Transparency and predictability are particularly impactful to me because I also want that from all my teammates. Thank you for a great read.