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.
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Advancement, transfer, retirement, resignation, and termination are all causes of position vacancies. Regardless of the reason for or timing of a position opening, the organization must continue to function through the subsequent transition. Organizations proactively positioning themselves for personnel changes maintain a higher degree of business continuity; realizing a shallower and shorter productivity dip and pursuing performance improvement more rapidly.
Effective succession and succession planning processes enable smooth transitions of power and operational continuity. Performed well, these processes help ensure the proactive identification and development of an adequate number of candidates to fill potential vacancies, careful selection of the right replacement, thorough preparation of the selectee for his or her new role and organization members to well receive the successor, and advanced provisions to support the entrant with the post transition coaching needed for their and the organization’s success.
Focus of the Succession and Succession Planning Forum
Materials in this forum are dedicated to discussing the leading practices of companies that successfully execute succession and succession planning processes; maximizing the new entrant’s probability of success and the organization’s operational continuity. The following articles, podcasts, documents, and resources cover those topics critical to effective leadership succession.
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“You better live your best and act your best and think your best today, for today is the sure preparation for tomorrow and all the other tomorrows that follow.”
Harriet Martineau
English writer and philosopher
“Every great man was once a nobody prepared for opportunity.”
Dorothy Tode
Everyone wants to win but only a few are willing to put in the preparation and training time needed to achieve greatness. The pinnacle event we often observe as marking an individual or team’s success represents only a small fraction of the blood, sweat, and tears required to reach that summit.
Do you want to win? The truth lies with the answer to another question… Are you doing everything necessary today to make yourself mentally and physically capable of winning tomorrow?
Are you prepared to achieve greatness?
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StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website.
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About the Author
Arlene Johnson, author of Success Mapping, is Founder and President of the Sinequanon Group. Arlene is an internationally known speaker, author, and consultant with more than two decades of experience in executive leadership, change management, and sales performance coaching. She serves as trusted advisor to many Fortune 500 clients including American Express, Hewlett-Packard, Blue Cross and Blue Shield, Texas Instruments, and Lockheed Martin. To read Arlene’s full biography, click here.
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It’s no secret that America is facing some hard economic times. What does this mean for business owners? It means a variety of things such as cutting spending in the right areas, maintaining an advertising budget, keeping an eye on the original goal and retention marketing. Each one plays a major role in recession business survival, but they become of utmost importance during a slow economy.
Cut spending in the right areas
Cutting spending is an immediate reaction to recessionary talk and fallout; it’s only natural and logical to get rid of that which you don’t need to stay afloat. But any cuts you make now need to be good for the short and the long term. A business needs to think long and hard before slashing spending in areas that may affect future business operations such as product/service quality and standards, customer service and advertising.
Hi there! This article is available for free. Login or register as a StrategyDriven Personal Business Advisor Self-Guided Client by:
Emmy Bill is the Owner of E-Learn About and an accomplished writer and Search Engine Optimization Specialist. Find more articles on finance as well as a variety of other topics at E-Learn About on the web at http://e-learnabout.com.
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Business Programs
Recommended Resource – How the Mighty Fall
/in Recommended Resources/by StrategyDrivenby 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.
StrategyDriven Succession and Succession Planning Forum
/in Succession & Succession Planning/by StrategyDrivenEffective succession and succession planning processes enable smooth transitions of power and operational continuity. Performed well, these processes help ensure the proactive identification and development of an adequate number of candidates to fill potential vacancies, careful selection of the right replacement, thorough preparation of the selectee for his or her new role and organization members to well receive the successor, and advanced provisions to support the entrant with the post transition coaching needed for their and the organization’s success.
Focus of the Succession and Succession Planning Forum
Materials in this forum are dedicated to discussing the leading practices of companies that successfully execute succession and succession planning processes; maximizing the new entrant’s probability of success and the organization’s operational continuity. The following articles, podcasts, documents, and resources cover those topics critical to effective leadership succession.
Articles
Best Practices
StrategyDriven Expert Contributor Articles
StrategyDriven Podcasts
StrategyDriven Podcast – Special Edition
Leadership Inspirations – Fortune Favors the Prepared
/in Leadership Inspirations/by StrategyDriven“You better live your best and act your best and think your best today, for today is the sure preparation for tomorrow and all the other tomorrows that follow.”
Harriet Martineau
English writer and philosopher
“Every great man was once a nobody prepared for opportunity.”
Dorothy Tode
Everyone wants to win but only a few are willing to put in the preparation and training time needed to achieve greatness. The pinnacle event we often observe as marking an individual or team’s success represents only a small fraction of the blood, sweat, and tears required to reach that summit.
Do you want to win? The truth lies with the answer to another question… Are you doing everything necessary today to make yourself mentally and physically capable of winning tomorrow?
Are you prepared to achieve greatness?
StrategyDriven Podcast Special Edition 19 – An Interview with Arlene Johnson, author of Success Mapping
/in StrategyDriven Podcast/by StrategyDrivenSpecial Edition 19 – An Interview with Arlene Johnson, author of Success Mapping explores how to identify personal success blockers, create a life strategy, and execute the actions necessary to realize your vision of success. During our discussion, Arlene Johnson, Founder and President of the Sinequanon Group and author of Success Mapping: Achieve What You Want…Right Now!
shares her insights regarding:
Additional Information
In addition to the incredible insights Arlene shares in Success Mapping
and this special edition podcast are the additional resources accessible from her Success Mapping website, (www.SuccessMapping.com). Arlene’s book, Success Mapping
, can be purchased by clicking here
.
Final Request…
Thank you again for listening to the StrategyDriven Podcast!
About the Author
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Business Survival in a Recession
/in Marketing & Sales/by Emmy BillIt’s no secret that America is facing some hard economic times. What does this mean for business owners? It means a variety of things such as cutting spending in the right areas, maintaining an advertising budget, keeping an eye on the original goal and retention marketing. Each one plays a major role in recession business survival, but they become of utmost importance during a slow economy.
Cut spending in the right areas
Cutting spending is an immediate reaction to recessionary talk and fallout; it’s only natural and logical to get rid of that which you don’t need to stay afloat. But any cuts you make now need to be good for the short and the long term. A business needs to think long and hard before slashing spending in areas that may affect future business operations such as product/service quality and standards, customer service and advertising.
Hi there! This article is available for free. Login or register as a StrategyDriven Personal Business Advisor Self-Guided Client by:
Subscribing to the Self Guided Program - It's Free!
About the Author
Emmy Bill is the Owner of E-Learn About and an accomplished writer and Search Engine Optimization Specialist. Find more articles on finance as well as a variety of other topics at E-Learn About on the web at http://e-learnabout.com.