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How the Mighty Fall: And Why Some Companies Never Give In Hardcover – 4 Jun 2009

4.3 out of 5 stars 14 customer reviews
Book 4 of 6 in the Good to Great Series

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Product details

  • Hardcover: 240 pages
  • Publisher: Random House Business (4 Jun. 2009)
  • Language: English
  • ISBN-10: 1847940420
  • ISBN-13: 978-1847940421
  • Product Dimensions: 13.8 x 2.6 x 20.4 cm
  • Average Customer Review: 4.3 out of 5 stars 14 customer reviews
  • Amazon Bestsellers Rank: 32,407 in Books (See Top 100 in Books)
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Product description

From the Inside Flap

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.

From the Back Cover

Whether you prevail or fail, endure or die, depends more on what you do to yourself than on what the world does to you.' Jim Collins

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14 customer reviews

4.3 out of 5 stars

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VINE VOICE
16 April 2014
Format: HardcoverVerified Purchase
7 people found this helpful
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6 November 2016
Format: HardcoverVerified Purchase
25 December 2015
Format: HardcoverVerified Purchase
17 March 2013
Format: HardcoverVerified Purchase
11 January 2014
Format: HardcoverVerified Purchase
12 February 2013
Format: Audio CDVerified Purchase
7 February 2016
Format: HardcoverVerified Purchase
VINE VOICE
25 October 2011
Format: Hardcover
One person found this helpful
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