Article

From ESG to EICSG (Environment, Intelligent, Cyber, Social, Governance) strategic management in Industry 5.0

Александр БабкинPeter the Great St.Petersburg Polytechnic University, Graduate School of Engineering and Economics, Research and Development Laboratory “Digital Economy of Industry”, 195251 St.Petersburg, RussiaElena ShkarupetaPeter the Great St.Petersburg Polytechnic University, Graduate School of Engineering and Economics, Research and Development Laboratory “Digital Economy of Industry”, 195251 St.Petersburg, RussiaDmitri L. DanilovVoronezh State Technical University, Department of Digital and Sectoral Economics, 394006 Voronezh, RussiaLarissa TashenovaKaraganda Buketov University, Institute for Digital Economy Research, Marketing Department, 100024 Karaganda, Republic of KazakhstanIlhom NosirovFergana Polytechnic Institute, Management department, 150107 Fergana, Republic of Uzbekistan

E3S Web of Conferencesjournal2024en

ABI

Abstract

The article develops strategic recommendations for improving the management practices of integrating modern scientific achievements into the processes of sustainable development of industrial ecosystems, adapted to the requirements and challenges of Industry 5.0. The concept of industrial EICSG-ecosystem in the context of Industry 5.0 is developed, combining elements of environmental (E - environmental), intellectual (I - intelligent), cyber-social (CS - cyber-social) and governance (G - governance) resilience. The conceptual components of effective development of industrial EICSG ecosystems, which form the organisational basis of Industry 5.0, are proposed. The prerequisites of strategic management of the industrial EICSG ecosystem of Industry 5.0 are defined.

Topics

Economic and Technological Systems Analysis Economic and Technological Developments in Russia Business and Economic Development

Identifiers

DOI: 10.1051/e3sconf/202453105017

Citations and references

Cited by 04 references

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