What keeps IT managers awake at night?

It's hardly a bed of roses these days for IT companies and their managers. There are plenty of things nagging at high-tech vendors, too, according to the annual RiskFactor Report for Technology Businesses published by the financial consultancy, BDO Seidman. The information was gleaned from fiscal year 2008 10-K SEC filings of the 100 largest publicly traded U.S. tech companies.

Strong competition and consolidation risk factors top the list of IT managers' concerns. Failure to develop new products or services is also a big headache.

Other items making the worry list:

• International operations.
• Management of current and future M&As.
• And, for the first time: Natural disasters, war, conflicts and terrorist attacks.

So how should a top manager deal with all this uncertainty? Play some tennis, go for a run, gobble a few Tums and then forge ahead with the best ideas you have.

For more on high-tech worries:
- check out this CIO.com article

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