Corporate Governance and the Future of Work, Work-Family Satisfaction, and Employee Well-Being

2022 ◽  
pp. 1626-1636
Author(s):  
Alfred Kent Van Cleave

This chapter examines the issues of work satisfaction, employee well-being, and the future of work from the perspective of and as impacted by two prominent and contemporary models of corporate governance. It begins with an examination of work satisfaction and leadership, informed by motivation, leadership, and workplace attachment theories, then discusses how these theories have been impacted by changes in corporate governance. Present-day implications of corporate governance on work satisfaction and well-being are examined, followed by the implications of these considerations for the future of work in the fourth industrial revolution.

Author(s):  
Alfred Kent Van Cleave

This chapter examines the issues of work satisfaction, employee well-being, and the future of work from the perspective of and as impacted by two prominent and contemporary models of corporate governance. It begins with an examination of work satisfaction and leadership, informed by motivation, leadership, and workplace attachment theories, then discusses how these theories have been impacted by changes in corporate governance. Present-day implications of corporate governance on work satisfaction and well-being are examined, followed by the implications of these considerations for the future of work in the fourth industrial revolution.


Author(s):  
Ayansola Olatunji Ayandibu ◽  
Bhasela Bhaso Yalezo ◽  
Irrshad Kaseeram ◽  
Makhosazana Faith Vezi-Magigaba

The uncertainties around the future of work has engendered and continue to provoke stimulating discussions amongst scholars interested in the dynamics of the world of work, and other allied researchers. While the construction of these uncertainties is not far-fetched, scholars have somewhat reached a consensus, that the emergence of globalization spanning over four decades ago, has further exacerbated the magnitude of these uncertainties. To be sure, the apologists of globalization have argued that the emergence of globalization, rather than prospering the future of work, has provoked several threats to the continued relevance of work, rather than progression.


Author(s):  
Arnoldo José de Hoyos Guevara ◽  
José Luiz Alves da Silva

The article presents a general scenario on the theme of Internet of Things - IoT, aiming to discuss the opportunities, the impacts and the associated risks, highlighting them under the sight of well-being in our lives and society in general. This paper deals with questions regarding accelerated and disruptive high-tech transformations, in order to be strategically prepared and to deal with challenges ahead. It is in the interest of all to know and anticipate the transformations that are underway and those that will be probable in the future, capturing the spirit of accelerated change that is around us, to prevent impacts, to draw personal strategies to seize opportunities and to avoid serious ruptures in our work and in our personal lives. The contribution for other studies is to allow ongoing discussions regarding the possible changes of behaviors coming from this new environment that will be made possible by the use of the IoT. Some of these behaviors are already on its way. Still, others are to be perceived and developed. This article presents, in the first topic, the new environment of the Fourth Industrial Revolution, where it is inserted the concept of IoT. It advances, in the second topic, with the discussion of the extension of the usage of the new technology, its impact and its applications. And it ends discussing the behavioral changes that the massive use of this application may bring us regarding well-being.


2021 ◽  
pp. 105256292098383
Author(s):  
Douglas B. Allen ◽  
Cynthia V. Fukami ◽  
Dennis P. Wittmer

We have entered the Fourth Industrial Revolution (4IR). Disruption is coming—in fact, it is here. New paradigms are forming, which will bring significant change to the workplace. It is unclear what changes will come to pass and what will be their ultimate impact on the workplace. But our discipline of management bears a deep responsibility to prepare our students for this future workplace in their role as employees and their roles as leaders and managers. In this article, we share our journey in addressing this rapidly emerging issue so that others may benefit from what we learned. First, we argue that the topic of the 4IR and the future of work should be a required part of the business school curriculum. Second, we detail the process we followed in developing a management elective on the 4IR, including our insights into developing a course in a relatively unfamiliar territory. Third, we end with a call for an ongoing collaborative discussion on approaches to teaching this new area from a management perspective.


2019 ◽  
Vol 12 (4) ◽  
pp. 351-356
Author(s):  
Marcel R. Parker

In the era of epic disruption, HR has positioned itself as a strategic business partner, and in the fourth industrial revolution, it has taken up business priorities as its own to ensure business success. As agents of change for making people feel truly valued, six imperatives: Structure, Systems Selection/Succession, Separation, Standing Up and Safety form the pillars which sustain corporate governance and serve as the lodestar for the organisation. This article attempts to define the roles and responsibilities and rehumanise this function, keeping in mind the challenging conditions. The role of the employee and contracts are fast changing, and HR has to be able to confront and deliver around the 6 S’s for the future too.


Author(s):  
Shafqat Ali Niaz ◽  
Waseem UI Hameed ◽  
Muneeba Saleem ◽  
Sitara Bibi ◽  
Bushra Anwer ◽  
...  

The Fourth Industrial Revolution is being implemented as technological revolution in every field of life. FIR has not only impacted the employees' behavior, well-being, and future of work but also brought a disruptive innovation everywhere. This chapter is beneficial for the reason that Fourth Industrial Revolution has affected the behavior of employees tremendously. With many opportunities from the fourth industrial revolution, rapid change, and excessive use of technology has stressed the employees. Digital transformation or era of digitalization has changed the future of work by automating the work performed by the human resource manually in the past. Automation of work is decreasing the labor requirement. Pressure of being unemployed and new skills learning after new technological change made employees' toxic. Fear of being unemployed and stress of earning new technologies has decreased the well-being of employees. This Fourth Industrial Revolution also has positive impact on the work and family life satisfaction by providing them the opportunities of remote and gig working.


2021 ◽  
pp. 98-111
Author(s):  
Falendra Kumar Sudan

The Fourth Industrial Revolution (4IR) has significant implications on the future of work and skills required in the gig economy. In the recent past, a large supply of young workers had led to rapid economic transformation in many Asian countries through well-suited education systems to create skills needed for employment. However, the old model of education and production will no longer sustain rapid growth in the decades ahead due to the rapidly changing demand for skills. Against the above backdrop, the paper has analyzed Asian experiences in technological transition, skills mismatches and labour market outcomes in the context of existing technical and vocational education and training (TVET) systems. What are the challenges and opportunities of the 4IR for skill development through TVET in Asia? The paper has suggested a model for 4IR compatible skill development for the future of the work and draws the implications for the future. 4IR induced massive job losses calls for adequate skills development or retraining of displaced workforce and new entrants in foundational skills to enable them to tap the opportunities of new technologies. This requires robust TVET systems to equip workers with new skills for emerging jobs, which can be possible by increasing the quality of program structure to meet the needs of labour market. The technical training should be integrated into with the secondary education through education reforms to impart skills to thrive in the knowledge economy. The system of quality apprenticeships should be evolved with the active collaboration of potential employers in the curriculum development of TVET programs.


2021 ◽  
pp. 195-219
Author(s):  
Jakkie Cilliers

AbstractIn this chapter, Cilliers addresses the challenge of widespread unemployment in Africa, and how trends collectively labelled as the ‘future of work’ could unfold on the continent. It describes the differences between the ways in which Africa will likely experience the effects of automation and digitisation on the labour market, and argues that the fourth industrial revolution is less a threat to jobs in Africa than in developed economies. Nevertheless, clear action is needed. Using Ghana as an example, the chapter explores innovative approaches to expanding inclusion in the formal sector, including enabling policies for financial inclusion and increased revenue collection. In addition, it speaks to Africa’s readiness to benefit from the emergent ‘gig economy’, and other forms of labour flexibilisation.


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