Why Good Times Are the Most Dangerous

It's easy to get too comfortable, which leaves you unprepared when disaster strikes. That's why the best leaders are always a bit paranoid

Though managing in tough times can test a leader's mettle, the bigger test often comes when times are good. A crisis, if well-managed, can bring out the best in a company—increasing focus, intensity, and commitment. It's when a business gets a comfortable lead that the greatest dangers lurk: Complacency creeps in on little cat feet.

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