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This book equips students and practising managers with strategic insights into the process of managing odds and for dealing with emerging fluid situations which can affect any organization. The authors emphasize that managers should not rely on theories and models for dealing with organizational dynamics but instead need to think out of the box. Contemporary cases have been incorporated, based on real business situations in India. These are grouped into six modules: the organization and its environment; corporate governance; challenges for future managers; personal and interpersonal dynamics at work; mentoring and empowerment; and managing organizational crises.