Join us on a literary world trip!
Add this book to bookshelf
Grey
Write a new comment Default profile 50px
Grey
Subscribe to read the full book or read the first pages for free!
All characters reduced
How the Mighty Fall - And Why Some Companies Never Give In - cover

We are sorry! The publisher (or author) gave us the instruction to take down this book from our catalog. But please don't worry, you still have more than 500,000 other books you can enjoy!

How the Mighty Fall - And Why Some Companies Never Give In

Jim Collins

Publisher: CLBusiness

  • 0
  • 0
  • 0

Summary

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 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.
Available since: 09/05/2012.

Other books that might interest you

  • Summary of Tim S Grover's Relentless - cover

    Summary of Tim S Grover's...

    Falcon Press

    • 0
    • 0
    • 0
    Buy now to get the key takeaways from Tim S. Grover's Relentless. 
      
    Sample Key Takeaways: 
    1) Thinking about failure hinders your ability to overcome any obstacle. An athlete who was injured dropped everything to seek Tim Grover’s help late one night in the middle of a season. Grover coached him to face down his fears and “finish it,” which was just what he needed. 
    2) Grover was in high school when he first heard of American basketball legend Michael Jordan. When Grover was looking for a job as a trainer, he contacted the Chicago Bulls. He was surprised to be assigned to Jordan. They worked together for fifteen years. 
     
    Show book
  • Driven - How Human Nature Shapes Our Choices - cover

    Driven - How Human Nature Shapes...

    Paul R. Lawrence, Nitin Nohria

    • 0
    • 0
    • 0
    In this highly provocative book, two Harvard Business School  professors synthesize 200 years of thought from the biological and  social sciences to formulate a new theory of human nature.  Comparable to Daniel Goleman's Emotional Intelligence,  Lawrence and Nohria's work examines the four drives that influence  the choices people make. These innate and often conflicting drives  are the drive to acquire, the drive to bond, the drive to learn and  the drive to defend.    The authors have studied the way people behave in the most  fascinating setting of human behavior: the workplace. They have  considerable training in all the human behavioral sciences and  choose the best each has to offer while avoiding entrenched biases.  As a result, they have started to bridge the gap between the latest  findings from evolutionary biology and insights about humanity  derived from the social sciences. In doing so, they have in essence  laid a foundation for a unified understanding of human behavior.     Not only does this book illuminate the mystery of human behavior,  it also predicts that just as advances in information technology  spurred the new economy at the end of the 20th Century, the current  advances being made in biology will be the key to understanding  humans and organizations in the 21st.
    Show book
  • How To Save Money & Get Out Of Debt - The full guide on frugal living - cover

    How To Save Money & Get Out Of...

    Austen Porter

    • 0
    • 0
    • 0
    Saving money is the foundation of your financial success. Whether you have a spending problem or haven’t given much thought to saving money before, you can change that today. Be prepared to take notes as this book will lead you through all of the steps you need to take to start saving. With this guide, you'll be able to construct a visual representation of your money, learn how to manage it properly, and ultimately, get out of debt.
    Show book
  • Email Marketing Mastery Bundle 3 in 1 Bundle - cover

    Email Marketing Mastery Bundle 3...

    Eliza Hortense, Sonny Brigham,...

    • 0
    • 0
    • 0
    Email Marketing Mastery Bundle, 3 in 1 Bundle: Email List Genie, List Building Advantage, and Autoresponder GuideEmail lists are extremely vital to the success of a business, and when used properly, they become the heart and soul of your Internet marketing efforts. If you do not have a list, you are only hurting yourself! Building a mailing list can be one of the most effective ways to increase your turnover and profits as an online business. That’s because each email on that list represents a potential customer to market to and to sell to. Depending on the value of your product, this can represent a lot of money. But it takes a lot of time and effort to build a big list. But it’s possible now to create a big list without spending a single cent and nowadays, you don’t need to spend a lot of time answering emails as well because of autoresponders.This bundle will teach you everything you need to know about list building and how you can build an incredible list that can easily be converted to sales. You will learn how to have a list that can expand your outreach, maximize your income and can help you become a quality content provider and a recognized authority in your market. You will also learn all about autoresponders and how to use them effectively. It will teach you all the things you need to be aware of before using an autoresponder.This 3 in 1 bundle includes the following audiobooks:1. Email List Genie: The Expert Guide on How to Grow a Huge Mailing List That Can Be the Heart of Your Internet Marketing to Attract More Customers and Boost Your Sales2. List Building Advantage: The Expert Guide to Email Marketing. Learn How to Create Effective Mailing Lists on a Budget3. Autoresponder Guide: An Expert Guide to Autoresponder and How it Can Deliver Excellent Results While Saving You Time!If you want to learn more, download your copy of Email Marketing Mastery 3 in 1 Bundle today!
    Show book
  • Pricing Strategies & Tactics - The audiobook by the world's leading business model expert - cover

    Pricing Strategies & Tactics -...

    Daniel Pereira

    • 0
    • 0
    • 0
    The audiobook by the world's leading business model expert
    Navigating the intricate landscape of pricing can be daunting, but not when you have the guidance of the world's foremost expert on Business Models, Daniel Pereira. With a stellar track record of providing consultancy to over 300 global companies, Pereira brings unparalleled authority to this subject.
    How can businesses strike the right balance between staying competitive and ensuring profitability? "Pricing Strategies & Tactics" is the definitive guide for entrepreneurs, marketers, and small business owners looking for answers. This comprehensive audio guide offers insights on establishing the ideal pricing structure, irrespective of whether you're in e-commerce or a traditional business setting. Unlock the "Four Cs" of a winning pricing strategy, delve into various pricing models tailored for diverse industries, and confront self-doubt with actionable tips.
    As a highlight, gain clarity on the nuances between static and dynamic pricing, understanding their implications for your business. Whether you're flying solo or leading a larger team, this audiobook, penned by the mastermind Daniel Pereira, is your roadmap to demystifying pricing, paving the way for long-term financial prosperity. Dive in and let the world's best show you how to transform your pricing game!
    Show book
  • When Bad Grammar Happens to Good People - How to Avoid Common Errors in English - cover

    When Bad Grammar Happens to Good...

    Ann Batko

    • 0
    • 0
    • 0
    Discover an easy way to polish up your English with this guide to avoiding common mistakes people make when writing and speaking. 
     
    Good news—you’re definitely not the only person who struggles to keep “who” and “whom,” “affect” and “effect,” or “lay” and “lie” straight. Bad news: Frequent grammatical errors can affect (not effect) your success at work and in other areas of life. 
     
    This comprehensive, easy-to-use reference is a program designed to help you identify and correct the most common errors in written and spoken English. After a short, simple review of some basic principles, When Bad Grammar Happens to Good People is organized by error type, such as Mangled Modifiers or Mixing up Words that Sound the Same. You choose how to work your way through, either sequentially or in the order most relevant to you. Each unit contains tests at the end to help you reinforce what you’ve learned. Best of all, the information is presented in a clear, lively, and conversational style—unlike your eighth-grade grammar textbook!
    Show book