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New Generation of Productive Workers: How Millennials' Personal Values Impact Employee Productivity in Industry 4.0

New Generation of Productive Workers: How Millennials' Personal Values Impact Employee Productivity in Industry 4.0
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Author(s): Rok Cresnar (University of Maribor, Slovenia)
Copyright: 2021
Pages: 15
Source title: Research Anthology on Cross-Industry Challenges of Industry 4.0
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-8548-1.ch081

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Abstract

The main purpose of this chapter is to consider how can the millennials' personal values impact employee productivity in the future organizational environment of Industry 4.0. In the modern business environment, major changes are happening in many fronts. On one hand, we have the phenomenon of digitalization and Industry 4.0, and on another hand, we see that the millennials are rapidly taking over important roles and positions in those organizations that are impacted by digitalization. If we consider the notion that the new industrial revolution behind Industry 4.0 will be based on major improvements in productivity due to the mediating effect of a technological revolution, then the role of employee productivity or better say the millennials' productivity will be paramount. This chapter shows that based on deep analysis of millennials' personal values worldwide, the millennials hold prominent personal values, which correspond well with Industry 4.0 readiness and competency models, meaning that they can significantly impact the productivity of an organization.

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