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How the Mighty Fall

by James Collins

  • Hardcover
    $37.00
PUBLISHED: 4th June 2009
ISBN: 9781847940421
ANNOTATION:
How do 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? This book confronts these questions by showing leaders how they can stave off decline and if they find themselves falling, reverse their course.
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OTHER FORMATS:
  • Hardcover
    $37.00
PUBLISHED: 4th June 2009
ISBN: 9781847940421
ANNOTATION:
How do 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? This book confronts these questions by showing leaders how they can stave off decline and if they find themselves falling, reverse their course.

Annotation

How do 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? This book confronts these questions by showing leaders how they can stave off decline and if they find themselves falling, reverse their course.

Publisher 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- How do 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 SuccessStage 2- Undisciplined Pursuit of MoreStage 3- Denial of Risk and PerilStage 4- Grasping for SalvationStage 5- Capitulation to Irrelevance or DeathBy 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.

Author Biography

Jim Collins is author or co-author of six books that have sold more than 10 million copies worldwide, including the bestsellers Good to Great, Built to Last, and How the Mighty Fall. Jim began his research and teaching career on the faculty at Stanford Graduate School of Business, where he received the Distinguished Teaching Award in 1992. He now operates a management laboratory in Boulder, Colorado, where he conducts research, teaches, and consults with executives from the corporate and social sectors. More about Jim and his works can be found at his e-teaching site, where he has assembled articles, audio clips, a recommended reading list, discussion guide, tools, and other information. The site is designed to be a place for students to study and learn:

Product Details

Year
2009
ISBN-10
1847940420
ISBN-13
9781847940421
Format
Hardcover
Subtitle
And Why Some Companies Never Give In
Country of Publication
United Kingdom
Media
Book
Publisher
Cornerstone
Illustrations
Illustrations
Language
English
Pages
240
Author
James Collins
Short Title
How the Mighty Fall
Audience
General/Trade
UK Release Date
2009-06-04
Publication Date
2009-06-04
AU Release Date
2009-06-04
NZ Release Date
2009-06-04