Fast-paced change in technology, particularly the origin of ICT and social, political, economical change forced to managerial change in Libraries and Information Centres (LICs) is necessary for LICs to survive in the twenty-first century. In this context, managerial change towards structure, technology, task, people, library policies, objectives, and functions of information systems and processes of managerial change in LICs are discussed, and the chapter concludes that “Change Management” is the only feasible solution to overcome all the difficulties and problems created in the ever-changing environment for the overall development and progress of LICs in the ICT era.