Introduction This presentation is aimed at illustrating the main challenges that organizations will encounter during the next twenty years. In particular, it is necessary to focus on the following problems:  1. The necessity to change organizational structure;  2. Employee turnover;  3. Higher standards of corporate social responsibility;  4. Intensifying competition caused by globalization;  5. The growing need for effective cross-cultural management. The challenges described in this presentation will be relevant to various types of organizations that be for-profit and not-for-profit. The necessity to transform organizational structure and design Organizations may need to change their structure in order to respond to various internal and external problems; for instance, one can mention the following issues:  1. Increased competition;  2. The necessity to reduce operational costs;  3. The need to operate at the international level;  4. Quality control problems;  5. Mergers and acquisitions. These examples illustrate external stressors and internal problems that can prompt various organizations to change their design. Business administrators and managers cannot fully shield companies against these risks. Nevertheless, they can improve the agility of organizations by hiring employees who can quickly adjust to such changes. Employee Turnover The need to reduce employee turnover has been recognized by many scholars because this problem can lead to replacement costs and poor organizational performance (Nelson & Quick, 2014, p. 110). The following chart illustrates the main costs of employee turnover (Retensa, n. d.). This chart has been included in order to illustrate various expenses that may arise due to employee turnover. This problem can become more acute in the future, because the development of information technologies offers people more opportunities for seeking employment. In order to overcome this difficulty, organizations should focus on their HR practices such as job design or performance assessment. Higher standards of corporate social responsibility In the future, customers and governmental institutions will raise higher standards of social and environmental responsibility. Companies may need to accept these standards in order to remain completive. The following table illustrates the attitudes of many consumers. These people are more likely to choose companies that try to act in an ethical way ( Consumer Attitudes Toward Corporate Social Responsibility, 2013) This trend is very likely to persist during the next twenty years, because a great number of people will get access to information technologies that can help them learn more about the practices of profit and not-for-profit organizations. Higher standards of corporate social responsibility Intensifying competition caused by outsourcing activities Outsourcing trends during the last fourteen years (Statistical Portal, 2015). This chart has been included in order to demonstrate that outsourcing of various business processes continues to remain a widespread practice among many organizations. In many cases, businesses take such steps in order to get access to the less expensive labor force. Therefore, managers should take into account that some of their competitors c