ABSTRACT

The term ‘industrial revolution’ is used to refer to the transformation of the social and technological economic systems in industry, focusing in particular on changes in living conditions, circumstances of work, and economic wealth. To educate future executives to transform the coming technological disruptions of industrial revolution 4.0 into an avenue for world economic development and prosperity, Master of Business Administration program leaders must begin to consider the issue of online technologies in education. Industrial revolution 4.0 is a global trend that will result in new ways of creating value, and novel business models will involve increased collaboration between several different partners in international networks of value creation. Industrial revolution 4.0 cannot be separated from the business school as it mentors its students to tackle with real-world challenges. Business schools are incredible platforms for change in training business leaders to play a direct role in creating economic and social opportunities throughout their regions.