How the mighty fall: and why some companies never give in

Book Cover
Average Rating
Publisher:
Collins Business ; distr. by HarperCollins Publ.,
Pub. Date:
c2009.
Language:
English
Description

Decline can be avoided.

Decline can be detected.

Decline can be reversed.

Amidst the desolate landscape of fallen great companies, Jim Collins began to wonder: Howdo the mighty fall? Can decline be detected early and avoided? How far can a company fall before the path toward doom becomes inevitable and unshakable? How can companies reverse course?

In How the Mighty Fall, Collins confronts these questions, offering leaders the well-founded hope that they can learn how to stave off decline and, if they find themselves falling, reverse their course. Collins' research project—more than four years in duration—uncovered five step-wise stages of decline:

Stage 1: Hubris Born of Success

Stage 2: Undisciplined Pursuit of More

Stage 3: Denial of Risk and Peril

Stage 4: Grasping for Salvation

Stage 5: Capitulation to Irrelevance or Death

By understanding these stages of decline, leaders can substantially reduce their chances of falling all the way to the bottom.

Great companies can stumble, badly, and recover.

Every institution, no matter how great, is vulnerable to decline. There is no law of nature that the most powerful will inevitably remain at the top. Anyone can fall and most eventually do. But, as Collins' research emphasizes, some companies do indeed recover—in some cases, coming back even stronger—even after having crashed into the depths of Stage 4.

Decline, it turns out, is largely self-inflicted, and the path to recovery lies largely within our own hands. We are not imprisoned by our circumstances, our history, or even our staggering defeats along the way. As long as we never get entirely knocked out of the game, hope always remains. The mighty can fall, but they can often rise again.

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ISBN:
9780977326419
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Grouping Information

Grouped Work ID ed5f67ac-7378-5f93-4ca7-710a46e42ba1
full_title how the mighty fall and why some companies never give in
author collins james c
grouping_category book
lastUpdate 2017-02-04 06:36:05AM

Solr Details

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author Collins, James C. (James Charles), 1958-
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oclc (OCoLC)313666097
owning_library_arlington Arlington Public Library, Aurora Hills, Central, Cherrydale, Columbia Pike, Connection Crystal City, Detention Center, Glencarlyn, Local History, Plaza, Shirlington, Westover
owning_location_arlington Central
physical xiv, 222 p. ; 21 cm.
popularity 4
primary_isbn 9780977326419
publishDate 2009
publishDateSort 2009
publisher Collins Business ; distr. by HarperCollins Publ.,
rating 2.5
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record_details ils:.b13108396|Book|Books||English|Collins Business ; distr. by HarperCollins Publ.,|c2009.|xiv, 222 p. ; 21 cm.
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subject_facet Business failures, Management, Organizational change, Success in business
table_of_contents The Silent creep of impending doom -- Five stages of decline -- Stage 1: hubris born of success -- Stage 2: undisciplined pursuit of more -- Stage 3: denial of risk and peril -- Stage 4: grasping for salvation -- Stage 5: capitulation to irrelevance or death -- Well-founded hope.
target_audience Adult
target_audience_full Adult
title How the mighty fall : and why some companies never give in
title_display How the mighty fall : and why some companies never give in
title_full How the mighty fall : and why some companies never give in / Jim Collins
title_short How the mighty fall :
title_sort how the mighty fall and why some companies never give in
title_sub and why some companies never give in