The Impact of the Fourth Industrial Revolution on Organizational Control

Abstract

The disruption and chaos experienced by businesses and other organizations during the fourth industrial revolution, which have intensified during the Corona epidemic, are creating major managerial challenges for executives and organizations, forcing them to operate in a volatile, uncertain. Such a situation requires a more sophisticated approach that includes swift and flexible managerial and response mechanisms, alongside mechanisms based on continuity and order, and the appropriate modifications to the managerial and organizational systems.

The article presents perspectives and insights related to the question of how chaos, disruption and change are affecting managerial approaches in general and managerial control in particular.

The traditional control systems were developed to manage continuous processes rather than the sudden and volatile events that characterize a chaotic environment. Sudden or unexpected events are in fact similar with respect to their control needs to project management since they have a defined starting point that requires a specific response, one that is not always possible to predict. Therefore, we suggest that traditional control be combined with project control. This will create a control infrastructure that combines order and chaos.