How The Mighty Fall

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

AUTHOR: Jim Collins

GENRE: Business Management

Amid 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:

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.