The subject of this paper is based on the research and analysis of Industry 5.0, which is still under development, and what is its impact on the management of the organization. Also, one of the goals is to compare Industry 4.0 and Industry 5.0 through the presentation of similarities and differences. Furthermore, it will show the detailed historical development of industrial revolutions. The paper will present all the advantages that come with Industry 5.0, such as the Internet of Things, cloud computing, virtual reality, smart factories and many new terms. It describes the various ways in which Industry 5.0 is again focused on humans, that is, it once again places humans at the center of the production process. The main features of the new industrial revolution, such as resilience, sustainability and human-centeredness, are elaborated in more detail. The advantages and disadvantages of Industry 5.0 and its impact on the overall operation of the organization are discussed. One of the key challenges of this work is how the organization changes with the industrial revolution and puts man at the center of events again.