11/8/2011

Everyone has good and bad luck, but the best leaders know how to minimize the effects of misfortunes, and capitalize on their lucky breaks, writes Morten T. Hansen. That means spotting opportunities early, responding flexibly, and wringing every drop of advantage out of them. "It's not enough just to spot a good-luck event; you also need to be prepared to alter your plans to act on it," Hansen writes.

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