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A few years ago I discovered that my history class had been wrong all along. I’d always been told that in the Japanese invasion of Singapore, the British were essentially caught off guard — that they were ill equipped and failed to recognise the threat until it was too late. In reality, the British were anything but unprepared militarily. The challenge was that they were unprepared mentally.

The most disruptive threats that you and your business will face will come from the periphery.