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Introduction to the Fourth Industrial Revolution

Overview

The Fourth Industrial Revolution (4IR) is a concept that has gained great momentum and refers to the convergence of multiple technologies and the disruptive effect it will have on all spheres of business.

Several of these technologies straddle physical, digital, and biological fields and convergence of these fields are the foundation of many of the disruptive forces in every industry. It will also have a deep impact on society as a whole, with the creation of new jobs and careers and the elimination of others. Every employee across all levels will either bear the brunt of its negative impact or alternatively embrace it as a tool for management and growth.

Why Should an Individual Attend?

As a delegate, you will be able to understand the elements of the 4IR and how it can apply to your work environment. The extent of its impact on your industry or workplace needs to be anticipated since many of the disruptions will come from different industries that you will most likely be unfamiliar with, e.g., blockchain on supply chain management, or additive manufacturing in automobile production, or IoT in safety management.

Many companies recognise the overarching impact of  4IR and have placed this on their strategic agenda and are adopting positions to meet its challenges or exploit its advantages. However, employees who are unaware of 4IR will be unprepared to anticipate its impact both in their work and individual capacities.

This course will unpack the major technologies underlying the 4IR while examining its impacts on the different parts of business including HR, operations, society, finance, supply chain and IT.

Outcomes

Delegates will gain a general understanding of the elements of 4IR to determine threats and opportunities for your company/industry.

Program Outline

Understand the origins of technologies its implications on business and society and possible responses.

Session 1:

  • Introduction to industrial revolutions
  • Discuss the evolution of the transport industry as an example of how technology has evolved
  • What are the drivers behind the 4IR – what factors have contributed to this in such a short time?

Session 2:

  • Explain why 4IR is underpinned by technology
  • Review the 10 major technologies that contribute to the 4IR
  • Discuss in detail each of the technologies and their applications to your specific industry and to industries in general

Session 3:

  • General discussion on the impact of 4IR on government, business, and society as a whole
  • Discuss the challenges that 4IR brings – especially its impact on employment, obsolescence of skills and worsening inequality in the South African context
  • Recognise the opportunities that the 4IR brings to your industry – especially in product development, supply chain and potential for growth for first movers

Session 4:

  • What are the leadership competencies required in a digital age?
  • How to craft strategies to improve your business using 4IR – using a strategic framework

Who Should Attend?

  • Engineers
  • Architects
  • Project / Construction Managers
  • Quantity Surveyors
  • Construction Health and Safety
  • Contractors / Sub Contractors
  • Executives / Senior Management
  • Middle Management
  • Administrators / Support Staff
Dates and Times:
  • Wed 3 July 2024  08:30 to 16:30
  • Wed 3 July 2024  08:30 to 16:30
Type: Online
Venue: Virtual Classroom Training, Online
Fee: R 3 454.00 excl. VAT
R 3 972.10 incl. VAT
Validation Number/s: CESA-2227-02/2027
CPD Points: 1
Coordinator: