Rapidly arriving futures : future readiness for Industry 4.0

dc.contributor.authorBotha, A.P. (Anthon)
dc.date.accessioned2019-07-29T08:31:17Z
dc.date.available2019-07-29T08:31:17Z
dc.date.issued2018-11
dc.descriptionPresented at the 29th annual conference of the Southern African Institute for Industrial Engineering (SAIIE), held from 24-26 October 2018 in Stellenbosch, South Africaen_ZA
dc.description.abstractThe future being shaped by Industry 4.0 has arrived. Tools are available that anticipate the future, approximate it, estimate it, and select a preferred future; but do we know how to make disruptive futures part of our business and lives? Building on technology readiness levels and manufacturing readiness levels, future readiness levels and a future readiness index are suggested in this paper. The future readiness levels (FRL) are based on readiness at the capability levels of technology, behaviour, event, and future thinking. A future readiness index (FRI) is then determined, based on the entire future thinking space (technology, behaviour, events, and capability to do future thinking). Once the FRL and FRI are known, it will become clear what strategic interventions are required to thrive in a preferred future. The existing and desired situations in future readiness are compared, and the gaps are addressed. This approach provides a tool for the internal monitoring and evaluation of the state of the organisation to remain sustainable and competitive in a future that is fast arriving; to compare organisations competitively in a similar cluster; to benchmark at industry level; and ultimately to have the potential to measure the future readiness of nations.en_ZA
dc.description.abstractDie toekoms wat deur Industrie 4.0 bepaal word, het aangebreek. Metodes is beskikbaar om die toekoms te antisipeer, dit te benader, dit af te skat en ’n gekose toekoms te kies; maar weet ons hoe om ontwrigtende toekomste deel van ons besigheid en lewens te maak? Deur voort te bou op tegnologiegereedheidsvlakke en vervaardigingsgereedheidsvlakke, word toekomsgereedheidsvlakke en ’n toekomsgereedheidsindeks in die artikel voorgestel. Toekomsgereedheid is gebaseer op gereedheid op die tegnologie, gedrag, gebeurtenis en vermoë tot toekomsdenke vlakte. Die gereedheidsindeks word bepaal deur die totale toekomsdenke ruimte. Wanneer die gereedheidsmetings beskikbaar is, kan daar op strategiese ingryping besluit word, wat sukses in die toekoms sal bepaal. Bestaande en verlangde toekomsgereedheid kan bepaal word en die gapings tussen hierdie toestande kan aangespreek word. Die benadering verskaf ’n metode vir interne monitering en evaluering van die toestand van die organisasie wat dit in staat stel om kompeterend te bly in ’n toekoms wat vinning naderkom, om kompeterende vergelyking te doen van organisasies in soortgelyke besigheid, om op industrievlak te vergelyk, sowel as om, uiteindelik, na die toekomsgereedheid van nasies te kyk.en_ZA
dc.description.departmentGraduate School of Technology Management (GSTM)en_ZA
dc.description.librarianam2019en_ZA
dc.description.urihttp://sajie.journals.ac.zaen_ZA
dc.identifier.citationBotha, A.P. 2018, 'Rapidly arriving futures : future readiness for Industry 4.0', South African Journal of Industrial Engineering, vol. 29, no. 3, pp. 148-160.en_ZA
dc.identifier.issn1012-277X (print)
dc.identifier.issn2224-7890 (online)
dc.identifier.other10.7166/29-3-2056
dc.identifier.urihttp://hdl.handle.net/2263/70804
dc.language.isoenen_ZA
dc.publisherSouthern African Institute for Industrial Engineering .en_ZA
dc.rights© 2019, South African Institute of Industrial Engineering. All rights reserved. This article is licensed under a Creative Commons Attribution 3.0 License.en_ZA
dc.subjectIndustry 4.0en_ZA
dc.subjectFutureen_ZA
dc.subjectNationsen_ZA
dc.subjectIndustrie 4.0en_ZA
dc.subjectToekomsen_ZA
dc.subjectNasiesen_ZA
dc.titleRapidly arriving futures : future readiness for Industry 4.0en_ZA
dc.typeArticleen_ZA

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