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    How the Mighty Fall: And Why Some Companies Never Give In (Hardback) By (author) James Collins

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    DescriptionDecline 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.


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    Title
    How the Mighty Fall
    Subtitle
    And Why Some Companies Never Give In
    Authors and contributors
    By (author) James Collins
    Physical properties
    Format: Hardback
    Number of pages: 240
    Width: 136 mm
    Height: 205 mm
    Thickness: 22 mm
    Weight: 329 g
    Language
    English
    ISBN
    ISBN 13: 9781847940421
    ISBN 10: 1847940420
    Classifications

    BIC E4L: BUS
    Nielsen BookScan Product Class 3: S4.2
    BIC subject category V2: KJV
    Warengruppen-Systematik des deutschen Buchhandels: 17850
    DC22: 658.16
    BISAC V2.8: BUS070000
    Thema V1.0: KJV
    Publisher
    Cornerstone
    Imprint name
    RANDOM HOUSE BUSINESS BOOKS
    Publication date
    04 June 2009
    Publication City/Country
    London
    Author Information
    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: www.jimcollins.com.