From the pinnacles of power by Fortune editor at large Patricia Sellers
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August 11, 2008, 5:27 pm

Power Point: Learn to adapt

“It’s becoming less valuable to be able to predict it and more valuable to be able to adapt. That’s not to say you don’t develop multiple scenarios. You do. But the point is that the strategic choices you make can be roughly right. The real precision comes from your ability to adapt.”

- Xerox (XRX) Chairman and CEO Anne Mulcahy said this to Fortune in 2006 about preparing for the future. I remembered her quote–and it sure resonates with headhunter Jim Citrin’s notion of a thriving new-venture job market for CEOs.

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Pattie SellersPatricia Sellers has written some of Fortune's most talked-about cover stories, including "Can Meg Whitman Save California?", Melinda Gates ("The $100 Billion Woman"), "MySpace Cowboys," Martha Stewart ("I cannot be destroyed"), Ted Turner ("Gone with the Wind") and Oprah Winfrey ("Oprah Inc."). And she has broken ground with insightful pieces on career management issues such as ego ("Get Over Yourself!"), and "Charisma: Do You Need It? Can You Get It?" Pattie chairs the annual Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business, philanthropy, government, academia, and the arts. And she has helped oversee Fortune's "Most Powerful Women in Business" cover package since its launch in 1998. She started at Fortune in 1984, covering the big consumer brand companies.
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Every year Fortune and the U.S. State Department sponsor the Global Women Leaders Mentoring Partnership, which brings rising-star women from developing countries to the U.S. to work closely with participants of the annual Fortune Most Powerful Women Summit - among them CEOs Andrea Jung of Avon, Ann Moore of Time Inc., and Ursula Burns of Xerox.
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