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How can business leaders manage uncertainty?

How can business leaders manage uncertainty?, PA Consulting Group’s recent ‘Managing Uncertainty’ survey found that there are three key steps that business leaders should take to ensure success during a financial crisis:

1. respond faster than your competitors
2. cut costs carefully but make sure that cost cutting does not damage your competitive advantage
3. look for opportunities to win in the recession and plan to emerge with a stronger position than before the crisis.

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