This paper was explored and identified organizational realities through a process of discussion and the dialogues with CEO's employees across various levels of hierarchy of the organization. This paper has identified five critical dimensions and characteristics of growth and patterns of Indian organization resulting in two kinds of organizations viz the decaying and the dynamic. The five dimensions are: Organization history, Organization ethos: work and people culture, organizational leaders and their role models, The groups and collectivities of people across levels and Managerial and Organizational issues. The paper then address the issue of the challenges of tomorrow's external and internal environment and their impact on Indian organizations and the responses the Indian Organizations make or can make. The paper attempts to identify some new processes of renewal and regeneration which the organization can initiate for themselves.