The document discusses various challenges and opportunities for organizational behavior (OB) in responding to globalization, managing workforce diversity, improving quality and productivity, responding to labor shortages, improving customer service, empowering employees, stimulating innovation and change, coping with temporary work, and improving ethical behavior. It also provides an overview of the OB model, which uses dependent variables like productivity, absenteeism, and job satisfaction that are affected by independent individual, group, and organizational variables, as well as contingency/situational factors. Diversity, if managed well, can increase creativity, but may otherwise lead to conflicts without proper management. The challenges for managers include stimulating employees' creativity and adapting to new organizational structures.