Recent economic indicators seem to suggest that the worst of the "Great Recession" is over. The forthcoming era of predicted slow growth, high unemployment, and relatively scarce capital has been characterized as the era of the "New Normal" by Bill Gross and Mohammed El-Arian, CNBC mavens, and co-CEOs of PIMCO, which manages more than $100 billion in assets.
Most business leaders have never faced the magnitude of this many issues associated with business downturns; sharply d