The changing local and global environments present new challenges to many companies, as most business models which were built in a period of relative stability are no longer applicable to today's turbulent and changing organizational conditions. Sustainable competitive advantage, growth and profitability are driven by continually adapting and adjusting in response to unpredictable organizational volatility. The nature of organizational volatility, timing and magnitude are also unpredictable. This is the motivation behind the writing of this book to ensure that leadership is capable to identify when an organization is going through a turbulent transition, and be able to flex its resources in response to the newer opportunities and challenges.