Development of a Business Assessment and Diagnosis Tool That Considers the Impact of the Human Factor during Industrial Revolutions

Maximilian B. Torres, Diego Gallego-García, Sergio Gallego-García and Manuel García-García
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Maximilian B. Torres: Busch School of Business, The Catholic University of America, 620 Michigan Ave., N.E., Washington, DC 20064, USA
Diego Gallego-García: Industrial Engineering Technologies of the International School of Doctorate, National Distance Education University (UNED), 28040 Madrid, Spain
Sergio Gallego-García: Industrial Engineering Technologies of the International School of Doctorate, National Distance Education University (UNED), 28040 Madrid, Spain
Manuel García-García: Department of Construction and Fabrication Engineering, National Distance Education University (UNED), 28040 Madrid, Spain

Sustainability, 2022, vol. 14, issue 2, 1-25

Abstract: Over time, the satisfaction of needs and the ability to meet them have consistently increased. However, the world of the 21st century is one in which the basic needs of millions of human beings are still not satisfied. Why? To an extent, nonprofit organizations such as charities play essential roles in the needed improvement of this situation. In this regard, the human factor within an organization is key influence in organizational performance and societal impact. Human beings within organizations make decisions based on their own motives, so the ethical values of each person are significantly important. Therefore, it is necessary to use analyze the potential of the human factor in the fourth industrial revolution and to analyze its influence in the previous industrial revolutions. This research was aimed to conduct such analyses for a nonprofit charity. Moreover, the authors of this paper also analyzed the industrial revolution potentials of the charity case study using system dynamics. The relevance of the presented paper was ensured by the aforementioned combination of topics. The results showed how greater impacts, higher expenses, and higher stocks were not necessarily able to quantitatively satisfy food needs in a timely manner if the human factor and global effectiveness and efficiency were not optimized. When these aspects were optimized, our hypothesis was proven, as the models set for further industrial revolutions were shown to provide better results in the satisfaction, efficiency, and economic indicators with a lower financial need; therefore, this model can be used to satisfy other needs of Maslow’s pyramid. In conclusion, this proposed approach empowers welfare organizations to increase their CSR consideration, thus enabling them to use internal mechanisms to secure viability in the pursuit of a high-performance CSR approach.

Keywords: human factor; welfare organization; corporate social responsibility; system dynamics; industrial revolutions; supply chain management; distribution logistics; diagnosis tool (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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