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Hardcover How the Mighty Fall: And Why Some Companies Never Give in Book

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ISBN: 0977326411

ISBN13: 9780977326419

How The Mighty Fall: And Why Some Companies Never Give In

Name: Hot Topic - short precise book
Item: How The Mighty Fall: And Why Some Companies Never Give In
Rating: 5
Author: Thriftbooks.com User

By James C. Collins

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Book Overview

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.

Format:Hardcover

Language:English

ISBN:0977326411

ISBN13:9780977326419

Release Date:May 2009

Publisher:Jimcollins

Length:240 Pages

Weight:0.68 lbs.

Dimensions:0.9" x 5.5" x 7.7"

Related Subjects

Biography & History Business Business & Investing Company Profiles Economics Management Management & Leadership

Customer Reviews

9 customer ratings | 6 reviews

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Rated 5 stars
Excellent book!

By Learning Machine, September 27, 2020

Just finished this book today. I didn't expect anything less from Jim Collins. He's my number one writer on management from now on. Really enjoyed it and learnt a lot of things. Recommended.

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Rated 5 stars
Hot Topic - short precise book

By Thriftbooks.com User, October 24, 2009

This book follows the classic Jim Collins format of scientific approach to business mechanism. Rigorous research, control groups, elimination of bias. This book is shorter than the other Jim Collins books (Built to Last, Good to Great) as it is written as a side project from the major unnamed research project that Jim Collins is currently working on. The Book has been criticized for being 50% appendix, but this is OK. It is...

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Rated 5 stars
On the Cusp of a Precipitous Fall

By Thriftbooks.com User, July 27, 2009

In the early pages of this cautionary, wake-up call, Jim Collins mentions what a mentor told him about effective teaching: "don't try to come up with the right answers; focus on asking good questions." I started to count the elbow-in-the-ribs questions, but I ran out of ribs. Some best-selling authors are one-book wonders. Not Collins. The author of Built to Last and Good to Great has delivered another barn-burner. While...

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Rated 5 stars
"Fire, Ready, Aim" Management Described

By Thriftbooks.com User, July 13, 2009

"Come, let us build ourselves a city, and a tower whose top is in the heavens; let us make a name for ourselves, lest we be scattered abroad over the face of the whole earth." -- Genesis 11:4 How the Mighty Fall takes a methodology similar to Built to Last and Good to Great and searches for differences among paired companies (Loser--Winner; A & P--Kroger; Addressograph--Pitney Bowes; Ames--Wal-Mart; Bank of America--Wells...

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Rated 5 stars
A focused, clear and actionable look at the cycle of corporate demise

By Thriftbooks.com User, May 29, 2009

Jim Collins has already written some of the seminal works on business strategy and management with Built to Last and Good to Great. While those books are great, How the Mighty Fall a short eclipses them in my opinion, its stated as a focused side project and it stays just that focused at about the right length and tone. My recommendation is simple: get this book, read it, reflect on it and see where you stand. This is...

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