Industry 4.0 Evolution | Fourth industrial revolution explained | What are Industrial Revolutions?

The modern industry has seen great advances since its earliest iteration at the beginning of the industrial revolution in the 18th century. For centuries, most of the goods including weapons, tools, food, clothing and housing, were manufactured by hand or by using work animals. This changed in the end of the 18th century with the introduction of manufacturing processes. The progress from Industry 1.0 was then rapid uphill climb leading up to to the upcoming industrial era – Industry 4.0. Here we discuss the overview of this evolution.

Industry 4.0 brings with it many challenges and this means for leaders of companies today and tomorrow.

Below are the topics explained in this video:
-The evolution of Industrial Production 00:08
-Five environment changes require a different type of Leadership 00:40
1. Young and dynamic competition 00:48
2. Flatter structures 01:03
3. New technologies 01:19
4. Keeping Connected 01:35
5. Communication that's open and honest 01:05
-Leadership 4.0 ( change requires strategic planning) 02:13
-Leadership 4.0 ( change requires engaging communication) 02:58

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