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

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.