Back in the old days (aka ten years ago), the biggest menace that most business leaders faced was offshoring. Today everyone from senior managers to CEOs to small business owners is starring in a virtual horror flick of his own—with monsters hiding behind every corner ready to leap out and attack. The monsters they know—fickle consumers, fierce competition, and federal regulation—are bad enough. Even scarier are the ones they can’t imagine or anticipate. That’s what keeps leaders awake at night: the unknown terrors. The next massive oil leak. Rogue public smear campaigns. A terrorist attack in a crowded marketplace. An important investor (or, heaven forbid, a partner) disappearing in the middle of the night. Bird ...

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