[Editor's note: This article was first published by GAMA International, an association that works to develop the leadership talent in the financial services industry.]
Are we in a recession? Will we be soon? How long will it last? How deep will it be? The economists will debate these questions and conclude when it was – long after the damage is done. The more useful question is what should I do differently in my business during a time of economic uncertainty?
A recession or any type of …

Like a marathon runner who sprints to a lead when going up a tough hill, companies that make aggressive moves when others are playing it safe gain a sizable advantage and then continue to build on it even more during easier times.
A recent study by Bain & Company found that twice as many companies made the leap from laggards to leaders during the last recession as during surrounding periods of economic calm. In fact, nearly a quarter of all companies with the highest or lowest industry rankings moved completely …