Future of Management : Industry 4.0 and Digitalization

The world is standing on the very edge of the fastest industrial revolution ever. A revolution which will rapidly increase the efficiency of many production processes. Automation (both mechanical and the one happening with computer processes) will reduce the demand for human work and release a huge amount of time we can use for further development. Industry 4.0 has been a buzz word recently. It is about interconnecting devices and giving them the possibility to making autonomous decisions. It is certainly a way of increasing efficiency of production, but it will also have impact on the facilitation of other processes within the organization.

At the same time, it is said that we are on the verge of an ecological catastrophe and that we have merely a few years before irreversible climate changes may endanger the future of our species. Some say, that the development of AI will solve most of our problems. We believe that the need for the activity of human beings will be even bigger.

Piotr Buła, Ph.D., Associate Professor and Head of the Chair at International Management Department of Cracow University of Economics (Poland). Since 2004 Director of Cracow School of Business CUE, and since the year 2005 he has been in charge of the organization gathering School’s MBA programs graduates – CSB Alumni MBA Club. He has experience related to participation in the supervisory authority of commercial companies.Awarded with the prestigious title of Polish Congresses Ambassador for his achievements in the area of promoting Poland and Cracow as a venue for international congresses and conferences (2010). Author or co-author of over 100 scientific publications, research works and implementation projects, as well as 44 press publications and expert opinions. The above mentioned scientific publications concern the scope of organization and management, particularly: risk management, internal audit, corporate governance, management strategy, logistic audit, and management of enterprises with increased risk. Author of many analyzes and publications in the field of economic consulting for enterprises and the public sector.

Bogdan Nogalski Full Professor, Ph.D., Honoris Causa, Member of Committee on Organizational and Management Sciences of the Polish Academy of Sciences. Professor at the Department of Management and Finance, WSB University in Gdańsk (Poland). Former Rector of University of Business and Administration in Gdynia and Director of Institute of Organization and Management, University of Gdańsk (Poland).