EFFECTS OF DIGITALIZATION ON MANAGEMENT PRACTICES

Since the beginning of the 21st century, a new phenomenon has emerged in several aspects of our society: the digitalization. People could suppose that digital transformation is only about tech-savvy industries but in reality; it concerns all conventional businesses. While affecting almost all kinds of business and their managerial practices, the digitalization somehow forces not to implement several traditional practices which are considered to be the Holy book for managers. The leadership community should need to accept and follow the non-traditional steps for emerging new innovations and experiment in new managers. The purpose of this thesis is to explore and identify how the managers and their practices are affected by digitalization. The new era of digital transformation has already taken up the globe in the recent times of coronavirus. This digitalization has provided and influenced the managerial aspects which mainly has turned the school of thought for the majority of managers. The purpose of study is to explore how managers practices are transforming in this era of digitalisation. This study concluded notable and variant changes in managerial practices, as it shows that digitalization is the process which transforms the task of managers. The tasks include both by aiding the managers and creating a difficulty to some extent towards their responsibilities and area of domain. Thus it highlights the managers to be adaptive and more aware of the changes that are bought up by digitalization to their practices.