Recommended Resource – How the Mighty Fall

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

About the Reference

How The Mighty Fall: And Why Some Companies Never Give In by Jim Collins examines the reasons great and good companies slip into decline, the five phases of decline, and the questions company leaders can ask to identify if their organization is declining or at risk of doing so. Consistent with his past work, Jim Collins’s conclusions of why organizations fall into decline is founded on rigorous examination of imperial evidence and the book filled with highly illustrative examples.

Benefits of Using this Reference

StrategyDriven Contributors like How The Mighty Fall because of the unique perspective Jim Collins provides on organizational decline founded on imperial research. We believe it is important for business leaders to remain ever watchful for indicators of declining performance and to this end, Jim Collins provides an insightful list of decline indicating markers. If we had one criticism of How The Mighty Fall it would be that Collins omits any thoughts as to how and with what periodicity a leader or an organization might systematically examine itself for the existence of one or more markers of decline.

How The Mighty Fall keeps with the StrategyDriven philosophy of self evaluation; giving readers insight to the warning flags of organizational decline and demise and making How The Mighty Fall a StrategyDriven recommended read.

Related content from StrategyDriven

 

Common Overlooked Controllable Oversight Costs

Preventing Catastrophic Industrial Accidents

Social Media Publication Timing

Protocols for Responding to Black Swan Events