Industry 4.0 and Its Implications on Human Resource Management Practices: A Systematic Literature Review and Bibliometric Analysis

Dhaka University Journal of Management

Vol. 15 , No. 1 & 2, January 2023 – December 2023
https://doi.org/10.57240/DUJMV15A8

Industry 4.0 and Its Implications on Human Resource
Management Practices: A Systematic Literature Review and
Bibliometric Analysis
Md. Nazmus Sakib1

Received on 18th May 2023, Accepted on 5th Nov 2023, Publised on 31st Dec 2023

Abstract: The integration of digital technology into diverse industries and service sectors is
revolutionizing workplaces and reshaping human resource practices. The incorporation of
cutting-edge technologies associated with the Fourth Industrial Revolution, commonly known as
Industry 4.0, is redefining the dynamics of work, learning, leadership, management, recruitment,
and interpersonal interactions. This paper aims to provide an in-depth understanding of Industry
4.0 and its implications on human resource management (HRM), promoting directions for HRM
professionals and academics to confront the challenges associated with Industry 4.0. The study
utilized a methodology of bibliometrics analysis including network analysis, co-citation network,
historiography, cluster analysis, three-field analysis, thematic map, and content analysis (CA)
to analyze 269 documents from the Scopus database to identify hitherto research on this topic
of HRM and industry 4.0. Additionally, a systematic literature review (SLR) was conducted to
propose future research directions in industry 4.0 and HRM practices. The findings suggest that
the focus of research in this field is on the impact of Industry 4.0 on various HRM functions such
as recruitment, selection, orientation, training and development, performance analysis, and
compensation management for human capital acquisition, nurturing, and retention. The study
offers managerial insights for organizations to navigate the evolving landscape and leverage
digital technology for enhanced HR functions, thereby effectively managing their workforce.
Keywords: Systematic Review, Bibliometric Analysis, Industry 4.0, Human Resource
Management (HRM)

The Effect of Talent Management on the Performance of the Banks and the Commitment of the Employees

Dhaka University Journal of Management

Vol. 15 , No. 1 & 2, January 2023 – December 2023
https://doi.org/10.57240/DUJMV15A6

 

The Effect of Talent Management on the Performance of the
Banks and the Commitment of the Employees
Sunita Nasrin1

Received on 22nd March 2022, Accepted on 23rd Feb 2023, Publised on 31st Dec 2023
Abstract: Talent management is a ceaseless process by which it ensures that talented people
are placed in the right position. In addition, they are maintained and developed effectively. The
study tried to investigate the outcome of talent management on employee performance and
commitment of Commercial Bank in Bangladesh. It also examines how the level of commitment
of bank employees contributes to the bank’s performance. At first, the independent variables
were talent management and the dependent variable were optimum performance and career
commitment. Secondly, the independent variable was career commitment and dependent variable
was the performance of the banks. The sample for this study was 100 employees of different
commercial banks. Primary data was collected in the study through the use of questionnaires.
The SPSS statistical software 26.0 and Smart PLS 3.2.9 versions were used to perform these
statistical analyses. The findings of this research show that there are significant relationships
among talent management, the performance of the banks and the commitment of the employees.
Key words: Talent management, performance, commitment.

 

Navigating Success: A Management Perspective on Chartered Accountancy.

“Navigating Success: A Management Perspective on Chartered Accountancy, supported by the Management Debating Forum, is a pioneering initiative blending financial expertise with strategic management. This program enriches professionals with a comprehensive skill set by integrating contemporary management principles into the core of Chartered Accountancy. The collaboration emphasizes open dialogue and critical thinking, fostering an environment where diverse perspectives are debated, ensuring participants are well-equipped to navigate the complexities of their roles with both technical proficiency and strategic insight.”

Seminar on Global Value Chain

“Navigating the Global Value Chain: Dynamics of Globalization, Upgrading, and Governance”

Global Value Chains (GVCs) have transformed the global economy, offering firms access to new markets, cost reductions, and technological advancements. However, GVCs also present challenges, including economic and social downgrading, requiring effective governance mechanisms to ensure social and environmental responsibility. Navigating these opportunities and challenges is crucial for firms seeking to thrive in the interconnected world of GVCs.

Seminar on Global Value Chain

“Navigating the Global Value Chain: Dynamics of Globalization, Upgrading, and Governance”

Global Value Chains (GVCs) have transformed the global economy, offering firms access to new markets, cost reductions, and technological advancements. However, GVCs also present challenges, including economic and social downgrading, requiring effective governance mechanisms to ensure social and environmental responsibility. Navigating these opportunities and challenges is crucial for firms seeking to thrive in the interconnected world of GVCs.