White Paper HR4.0: Shaping People Strategies in the Fourth Industrial Revolution

Report an error

Summary

AI-generated

This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

Learn more about AI enrichment

The document argues that the Fourth Industrial Revolution (4IR) requires a shift in human resources from an administrative function to a strategic driver of business outcomes. It outlines six imperatives for the future workforce: developing new leadership capabilities, integrating technology, enhancing employee experience, building agile learning cultures, establishing human capital metrics, and embedding diversity and inclusion. The report emphasizes that automation will substitute, augment, and transform tasks, necessitating a move toward job reinvention and lifelong learning. It provides case studies from companies like Unilever, Saudi Aramco, and IBM to illustrate the practical application of these imperatives, such as using AI chatbots for employee experience or creating digital fluency programs for industrial workers.

Key insights

AI-generated

These insights are written by a language model reading the source document. They are not the publisher's words and are not a substitute for the original.

Learn more about AI enrichment
  • The Fourth Industrial Revolution is causing significant task disruption, with the proportion of labor hours performed by humans expected to decrease from 71% to 58% by 2022 for currently known tasks.
  • Traditional leadership models based on central command and control are becoming obsolete; leaders must now be able to manage ambiguity and use organizational culture as a primary governing structure.
  • To manage the impact of automation, HR should move away from focusing on redundancies and instead prioritize a four-step process of job reinvention: deconstructing jobs into tasks, reskilling talent, optimizing work, and reevaluating automation solutions.
  • High-performing employee experiences are linked to better financial outcomes, with such companies outperforming sector averages in return on assets by 2%, return on equity by 3%, and gross profit margin by 12%.
  • There is a critical gap in reskilling readiness: while 94% of HR leaders view the move from episodic training to perpetual reskilling as a priority, only 18% feel prepared to drive it.
  • The document advocates for a 'Total Cost of Work' (TCoW) metric that includes not only full-time employees but also free agents, talent platforms, and the costs of AI and robotics vendors to accurately value human capital.
  • Inclusive organizational cultures are significantly more likely to achieve superior business results, being twice as likely to meet financial targets and eight times more likely to achieve better business outcomes.
  • Unilever's use of an AI chatbot for employee queries freed up an estimated 300,000 hours annually for employees and HR.
  • Saudi Aramco's Leading National Academy (LNA) serves as a female-focused vocational academy to increase female participation in technical trades in alignment with Saudi Arabia's 'Vision 2030'.

Cite the original document

APA
World Economic Forum (2019). White Paper HR4.0: Shaping People Strategies in the Fourth Industrial Revolution. http://www3.weforum.org/docs/WEF_NES_Whitepaper_HR4.0.pdf
Chicago
World Economic Forum. White Paper HR4.0: Shaping People Strategies in the Fourth Industrial Revolution. 2019. http://www3.weforum.org/docs/WEF_NES_Whitepaper_HR4.0.pdf.
Wikipedia
{{cite report |author=World Economic Forum |title=White Paper HR4.0: Shaping People Strategies in the Fourth Industrial Revolution |date=December 2019 |url=http://www3.weforum.org/docs/WEF_NES_Whitepaper_HR4.0.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{worldeconomicforum2019white, author = {{World Economic Forum}}, title = {{White Paper HR4.0: Shaping People Strategies in the Fourth Industrial Revolution}}, institution = {World Economic Forum}, year = {2019}, month = dec, url = {http://www3.weforum.org/docs/WEF_NES_Whitepaper_HR4.0.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

Full text

Collected · Record updated