The 4th Industrial Revolution is going to bring exponential changes to the way we live, work and relate to one another due to the adoption of new smart technologies.
Imagine the connected machines that interact, visualize the entire production chain and construction process, communicate data in real-time, and make smart decisions.
The 4th Industrial Revolution is expected to impact all disciplines, industries, and economies in every country, creating massive change in a non-linear way at unprecedented speed.
Are you ready for the next revolution and the massive changes it brings to the way we live, work and relate to one another?
How can we best prepare for the fourth industrial revolution?
JR Karbowski offers four key principles in preparation for the 4th industrial revolution. Watch this video for more details.
Download the free audio mp3 podcast of this episode on iTunes.
Note: This video is a sneak peek of the presentation on “Timeless Project Management –
Are You Ready for the Next Revolution?”, presented by JR Karbowski at the 2020 Project Control Summit. To get access to the full presentation and other recordings of the Project Control Summit, please click here.
How best to prepare for the 4th Industrial Revolution?
Here are 4 principles to follow to prepare for the 4th industrial revolution:
Principle #1: Be Proactive in Shaping the Technology
Technology is reshaping our economic, social, cultural and individual lives, so you need to be open to changes and be proactive in shaping this technology and disruption.
Principle #2: Put People First
Professor Klaus Schwab, founder and executive chairman of the World Economic Forum in his book “The Fourth Industrial Revolution”, calls for leaders and citizens to “together shape a future that works for all by putting people first, empowering them and constantly reminding ourselves that all of these new technologies are first and foremost tools made by people for people.”
Remember these new technologies are “tools made by people for people.” So, as a leader make sure you always put your people first.
Principle #3: Develop Leaders with New Skills
Talking about putting people first, you also need to develop leaders with new skills to manage projects and organizations through the adoption of the new technologies and the dramatic shifts
You need to realize that what your job is today might be completely different in the near future.
Do you have the right education and training in preparation of future jobs? Are you actively pursuing new skills?
In perpetration for the 4th industrial revolution, our education and training systems need to adapt to better prepare us for the flexibility and critical thinking skills that we will need in the future workplace.
Principle #4: Invest in Technical Infrastructure
In addition to individual future-readiness, companies should also invest in their technical infrastructure and data analyzing capabilities, or they will soon fall behind the competition.
In Summary
You much embrace the four key principles today to compete in this new digital era:
You must be proactive and embrace the changes.
Put people first.
Develop leaders with the new skills
Advocate the investment of the technical infrastructure and data analyzing capabilities in your organizations.
The key to surviving this 4th industrial revolution is by leading it.
JR is a Project Controls Consultant with over thirty years of experience in the execution of worldwide projects. He led projects in seven countries on behalf of Fortune 500 owners and ENR 400 contractors in engineering, construction, and maintenance. His expertise is in project management, project controls, and business development.
As the president of KPMC International, JR provides professional project management consulting and refined project controls subject matter expertise for clients across various industries.
Throughout his career, JR has meticulously executed projects primarily in the oil/gas, fossil-fuelled power, nuclear, petrochemical, US government sector, and pulp & paper industries.
JR has been a frequent contributor to PMI, AACE, Project Control Summit, and various other industry forums. Always in the pursuit of knowledge sharing, his passion and enthusiasm for project management and project controls will resonate with all levels of experienced professionals.
To learn more about JR, check his website, or connect with him via LinkedIn.
About the Editor, Shohreh Ghorbani
Shohreh Ghorbani is the founder and director of Project Control Academy, the leading global provider of comprehensive online training programs in Project Controls. She has served tens of thousands of professionals to enhance their Project Controls knowledge and helped them advance along their career path.
In April 2018, AACE International Source Magazine featured Shohreh as the “Woman in Project Controls” honoree.
She has helped companies like Kentz International, Phillips 66, Waste Management, and Stantec develop Project Controls knowledge and skills in their project team members.
With her impressive track record in teaching and years of hands-on experience on a wide range of project controls technical areas in various industries, clients have acknowledged Shohreh as a passionate trainer who transfers the knowledge of project controls in a simple and understandable manner.
Shohreh is a licensed project management professional (PMP) recognized by the Project Management Institute (PMI) and a professional member of the Association for the Advancement of Cost Engineering (AACE International). Toastmasters International certified her as” Advanced Communicator Silver.” She holds a Master of Science in Industrial Engineering.
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