Last fall, I spoke with the Chief Executive magazine at their Leadership Conference. I briefed them on what to expect for the incoming Administration, and many of those predictions are now coming true. Business leaders must understand how savvy Trump is on the world stage. He deserves much more credit than he is given. He has learned from his first term. He understands the points to leverage. Thanks to the strength of the U.S. economy relative to the rest of the world, he now has even more leverage.

Over these next 12 months, preparation will be your greatest ally. It is now a comparative advantage to be more prepared than your rivals. It will set you apart.