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The accelerated expansion of the global economic milieu, catalyzed by the inception of the Internet, has facilitated seamless communication across nations. This phenomenon has induced a transformation in the business landscapes of individual countries, escalating market competitiveness annually. The pervasive incorporation of contemporary technologies within organizations profoundly impacts the skill set, anticipations, cognizance, and overall structure and execution of work within the workforce. Modern leadership is often encapsulated under various nomenclatures such as digital leadership, e-leadership, and eHRM. These terminologies serve as comprehensive descriptors encompassing the realms of digitalization, Information Technology (IT), and Human Resource Management (HRM). Consequently, it becomes imperative to comprehend the disparities between traditional and virtual settings, acknowledge the significance of digital technology in leadership paradigms, identify potential challenges, and cultivate requisite leadership skills. The proposed research explores the correlation between leadership and organizational efficacy within multinational corporations. The focus is on discerning potential cause-effect relationships, aligning with the positivist paradigm. The investigation will employ a deductive approach, congruent with positivist hypotheses, deemed suitable for probing this query.