The purpose of this study was to determine new leadership styles in the context of the level of development of the Vietnamese economy in the last years and what is likely to happen in the next 10 years or more. Another aim was to create the combination of leadership best thinking that will enable Vietnamese leaders to adapt successfully in the implementation of the fourth industrial revolution (4IR) in Vietnam. The 4IR is fundamentally different because it involves the fusion of a range of new technologies that link the physical, digital and biological worlds, impacting all disciplines, economies, and industries. Transformational analysis in combination with documents review, in-depth interviews with Delphi technique in VUCA (Volatile, Uncertain, Complex and Ambiguous) environment with 64 top government leaders, researchers, and scholars. including hi-tech enterprises conducted to see the major characteristics and skills that a leader needs in the digitalization ages in the digitalization age. The study results were that there are five models of leadership in 4IR best practices: traditional leadership, transformational leadership, agile leadership, block-chain leadership, and human values and ethics. The principal conclusion was that the more resilience Vietnam is ready, the more successful Vietnam will achieve beyond the 4IR.
Vietnam has been in the process of modernization and industrialization for the last 40 years. Vietnam's socio-economic development strategies are in line with this vision. However, the country needs a sharper strategy to take advantage of the significant technological development and the IT boom, also known as the 4 th industrial revolution or the industrial revolution 4.0. This research aims at identifying key factors that Vietnam should focus on for a comprehensive national strategy to develop within the industrial revolution 4.0. The research results help policymakers, researchers and managers establish a strategic vision for the economic development in Vietnam. A survey is conducted among 145 respondents who are either working for the Government, academic institutions, or managing enterprises. Findings of the research involve levels of awareness about industrial revolution 4.0 and the readiness for industrial revolution 4.0 in Vietnam. Moreover, three factors are also identified to be the key elements of a strategy for social-economic development in Vietnam, including human resources, policies, and infrastructure.
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