Recent advancements in technology such as the internet of things, 3D printing and blockchain will undoubtedly have a disruptive impact on the business models of many organisations. By examining the megatrends in emerging technologies, this chapter will examine the implications these recent advancements in technologies may have on the management practices within organisations. More specifically, this chapter will consider how these changing management practices may affect the management of global value chains (GVCs). The implications for managers and organisations in developing capabilities to support these changing management practices is fundamentally important for competitively positioning the organisation and contributing effectively within GVCs, and so a discussion on the implication for managers and management practices ensues. The conclusions in this chapter suggest that megatrends in GVCs are critically dependent on emerging technologies, which in turn require appropriate capabilities within an organisation, reflected in the management practices of the firm.