Seminar paper from the year 2018 in the subject Psychology - Work, Business, Organisational and Economic Psychology, grade: 1,3, University of Applied Sciences Riedlingen, language: English, abstract: The subject of this thesis is the investigation of digitization in the working world and its effects. In the following, it is important to take a closer look at the opportunities and risks of digitization and to examine their influence on companies more closely. Particular attention is paid to employees and their needs. It should be worked out to what extent digitization influences their work and how companies can use digitization to respond to these needs. For this purpose, theoretical models are explained and possible influences are shown. The world has changed a lot in the past few years and decades. Borders are disappearing, markets are growing and globalization is enabling global trade, leading to global competition. An end to this trend is not in sight. On the contrary, the world is becoming ever more complex and networked. More and more computing power, which is available in ever smaller chips, leads to an acceleration of change and transformation. Being able to adapt to these ever-changing framework conditions and master the associated challenges has become vital for companies. Hardly any term shapes the professional and working world as much as "digitization". Their effects on the world of work are manifold. It influences automation, changes work processes, the way of communicating and enables completely new employment models. Topics on which there are many different opinions among experts and on which diverse discussions take place. This becomes particularly clear when looking at the result of a search query via Google. The term "digitization" delivers over 13 million hits.