As automation and AI become more prevalent, management needs to navigate the gentle balance between humans and intelligent machines in respective areas of functional management. Management decisions are now guided by data analytics. Executives and managers need to be proficient in data interpretation and should use data analytics tools to gain insights into market trends, customer behaviours, financial decisions and operational efficiencies.Internet of things, robotics, Cyber-Physical Systems, autonomous systems, and intelligent algorithms are revolutionizing manufacturing, supply chains, marketing, financial forecasting and customer service. These technologies increase efficiency, reduce errors, and lower operational costs.A need has arisen to leverage AI to enhance human capabilities, freeing the workforce to focus on higher-value tasks like creativity, empathy, and problem solving. One is also concern with the ethical consideration in the use of such technological advancements. The matter under discussion must also reflect the ethical, environmental and societal implications of their actions. Sustainable practices and ethical decision-making will be crucial for long-term success in management and economy as a whole.