Abstract

The relevance of this topic is due to the processes of INDUSTRY 4.0, which takes place in a new industrial revolution and requires the formation of a new management theory as a factor in creating an environmentally balanced and socially oriented economy, aimed at increasing the welfare of the population and improving the environmental performance. The purpose of the study is the conceptualization of the new theory of management as a factor in the creation of an environmentally balanced and socially oriented economy, and the methodology of analysis. Objectives of the study : using the methodology of system analysis, to form a new management theory as a factor in the formation of an environmentally balanced and socially oriented economy in the conditions of Industry 4.0, as the current management paradigm is deeply constrained. Analysis of recent research and publications, which launched the solution to this problem. Works by Macston Graham and Randers Jorgen. "In search of prosperity. Managing Economic Development to Reduce Unemployment and Climate Change " and Meadow Donnelly, Meadow Denis, Rangers Jorgen. "The limits of growth. 30 years later " discusses the challenges facing the developed world today, including steady unemployment, growing inequality of property, and rapid climate change. Until today, most of the solutions to these problems were politically unacceptable for a world focused on short-term benefits and a desire for continued economic growth. The scientific novelty of the research is to identify the problems of interaction between man, society, nature in the conditions of INDUSTRY and the conditions for their overcoming, which contribute to the formation of a new theory of management as a factor in creating an environmentally balanced and socially oriented economy. The results of the study: the conditions for the formation of a stable society, based on which the creation of an environmentally balanced and socially oriented economy; the definition of sustainable development of society and the mission of a new management theory are revealed, which should change the dominant social philosophy, which is based on the paradigm of how people look at the world. Conclusion - the basis of the new theory of management - the improvement of the world, challenging many economic and managerial concepts of INDUSTRY 4.0, which are based on "the limits of growth"