The paper New Economy - The behavioral Issues focuses on the impact of the Information Technology. The IT virtually has sipped into the very existing structure of the mankind, be it a kitchen or a corporate office. The paper contains a description of some of the main characteristics of New Economy, as well as its terminology. The fundamental role of Information and Communication Technology is highlighted. Today, the organization is at the cross roads as it is going through a transition period by shedding the baggage of traditional mode of working and accepting as well as trying to absorb the fast pace changing environment of the IT world. The paper explores the various plethora of New Economy, which is becoming as an octopus. It talks about the presence of IT in the global world, society as well as its grip on organization. The paper also provides a glimpse of how it affects on the very life of human being. Overall, the paper gives an indication not only of the importance of New Economy but also of how it inter-linkages with our behavioral pattern.