In today's rapidly evolving business landscape, characterized by technological advancement and widespread digitalization, effective leadership emerges as pivotal for organizational success. This study explores the impact of digital transformation on leadership paradigms within organizations. Through a systematic literature review of 80 documents from the Scopus database spanning 2017 to 2023, key insights were gleaned. Digitalization has fundamentally reshaped industries and markets, requiring organizations to adapt continuously. Scholars emphasize the crucial role of digital leadership and governance in guiding organizations through this transformative process. Agility is identified as essential for firms striving to remain competitive amidst digital disruption. Despite the potential benefits, the success of digital initiatives remains uncertain, highlighting the complexity of this socioeconomic shift. Industries such as healthcare and education undergo significant transformations due to digitalization, with AI revolutionizing healthcare and universities focusing on digital strategies for global competitiveness. While Industry 4.0 presents opportunities for productivity enhancement, many organizations struggle to fully harness its potential. Effective leadership, equipped with new skills and competencies, is essential for navigating organizations through this digital wave. As technological advancements continue to accelerate, adapting to the demands of the digital age becomes imperative for organizational survival and growth.