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Synopsis In an environment marked by fast paced change, especially technological change, it is very difficult for a single leader to be able to know everything that is needed for decision-making. To remain competitive in such circumstances, it becomes necessary to draw on all of the organization's employee strengths and leadership abilities. It is no wonder then, that over the past two decades, most organizations are participants of an evolutionary shift from the traditional mode of leadership to a more participative leadership mode. Empowered teams, variously termed as Self-Managed Work Teams or Self-Directed Teams are those, where the team leader determines the overall purpose or goal of the team, while the team is at liberty to manage the methods by which to achieve that goal. Company experiences and research have shown that empowered teams can be more effective in making decisions quickly and efficiently rather than traditional hierarchical structured teams. Empowered teams also offer the most potential for innovation and motivation, providing opportunity for organizational learning and change. A sequel to The Power of Employee Empowerment edited by Sujata H Belgamkar and Veena Yamini B, this volume throws light on the growing relevance of the participative form of management in today's highly competitive business environment. It has been divided into two sections; the first section "Team Empowerment: Concepts", helps in understanding the concept of team empowerment better, while the second section titled "Team Empowerment: Applications and Cases" underlines its benefits by showcasing real case studies of companies that benefited from using team empowerment as a management tool.