A Framework for Digital Development of Industrial Systems in the Strategic Drift to Industry 5.0

Abstract

Industry 5.0 is an integral driving force for industrial development to overcome a resurgent strategic drift. This solution is a perfect tool to ensure a sustainable, human-centered, and resilient industry and encourage man-machine collaboration within intelligent cyber-social systems. A complete shift to Industry 5.0 is only feasible when industrial systems apply digital strategizing to enhance digital development. That would invite technologies and humans to facilitate all operational and customer dealings, significantly increasing the rate of innovation. This research aims to articulate a multi-perspective conceptual framework based on the premises of digital development of industrial systems in the strategic drift to Industry 5.0. The methodology implied in this research rests on an interview with industry experts, a case study of digitalization leaders in 2021, extensive and systematic literature review and scientometric analytical tools, content analysis and foresight. In this paper, the authors reframe the concept of digital strategy and consider it as a notion independent of digitalization strategy and digital transformation strategy that is traditionally based on the formation of digital thinking, implementation of digital behavior patterns, the transformation of mindset, and strategic wisdom. As a result, a brand-new perspective on Industry 5.0 is suggested -Nooindustry 5.0. This digital development framework provides grounds for a digital business strategy to advance and shapes a platform-operating model to nurture the digital maturity of industrial systems. This research identifies key strategies for the transformation of an industrial system into a bionic one to sail through the current strategic drift. Further scientific work has to be carried out in order to assess the impact and effects of digital development of industrial systems while shifting to Industry 5.0.

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