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Diversity 5.0 framework: managing innovation in Industry 5.0 through diversity and inclusion

Chiara Petria D’souza (Symbiosis Institute of Business Management (SIBM), Pune, India) (Symbiosis International (Deemed University) (SIU), Pune, India)
Poornima Tapas (Symbiosis Institute of Business Management (SIBM), Pune, India) (Symbiosis International (Deemed University) (SIU), Pune, India)

European Journal of Innovation Management

ISSN: 1460-1060

Article publication date: 21 November 2024

132

Abstract

Purpose

This paper outlines the diversity and inclusion framework for Industry 5.0, which has human-centricity, sustainability and resilience as its main characteristics. This is concerning the disruption technology has caused.

Design/methodology/approach

A rapid scoping review was carried out, which collates recent scholarly outputs. It is based on a sample of 92 high-quality documents from two databases focusing on diversity and inclusion in Industry 5.0. Further, the authors have analyzed the literature based on the McKinsey 7S model and formed a diversity framework for Industry 5.0 to promote innovation.

Findings

These findings can support Diversity 5.0 applications with human–robot collaboration and a human-centric approach in Industry 5.0. The article provides key insights on cross-cutting themes like upskilling given digitization, innovation and other HR trends in the industry.

Practical implications

The study suggests that HR professionals, governments and policymakers can use the recommendations to broaden their perspectives and develop policies, interventions, laws and practices that will impact the future workforce and boost innovation.

Social implications

This will help organizations in Industry 5.0 to be competitive and build on their talent management strategies to fulfill their diversity goals as well as support sustainable development goals.

Originality/value

We give critical views on the aspects that will define the future of work in terms of skills, innovation and safety for employees, drawing on results from a wide range of theoretical and analytical viewpoints.

Keywords

Acknowledgements

We thank the research community, peer reviewers and editors of the various journals whose research articles we have used in this article.

Funding: The authors did not receive any funding for this study.

Citation

D’souza, C.P. and Tapas, P. (2024), "Diversity 5.0 framework: managing innovation in Industry 5.0 through diversity and inclusion", European Journal of Innovation Management, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/EJIM-02-2024-0139

Publisher

:

Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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