Final answer:
Organizational Behavior (OB) helps managers and leaders address major challenges and improve organizational performance. Studying OB at the individual, team, and organizational levels enhances understanding of human behavior and provides insights for effective management and leadership.
Step-by-step explanation:
The major challenges facing organizations today include globalization, workplace diversity, technological advancements, and changing consumer demands. Organizational Behavior (OB) is the study of human behavior within organizations and provides insights into how individuals, teams, and organizations function. A working knowledge of OB can help managers and leaders address these challenges by improving employee motivation, communication, decision-making, and teamwork.
Studying organizational behavior at the individual level helps managers understand factors influencing employee motivation, job satisfaction, and performance. At the team or group level, it enables managers to build cohesive and high-performing teams, foster collaboration, and resolve conflicts. At the organizational level, studying OB helps managers create a positive culture, develop effective leadership strategies, and adapt to changing external forces.