Stages. I’ve liked the fact-based research approach that Jim Collins takes in writing his business books, specifically Good to Great and Built to Last. His latest book, How the Mighty Fall, examines the research on how companies decline, and what might be done to avert disaster. Collins structures decline into five stages, and provides brief examples of companies in each stage. Steps can be taken through four stages to overcome setbacks. Collins makes the point toward the end of the book, “… success is falling down, and getting up one more time, without end.” Any manager reading How the Mighty Fall will come away from the book with thoughts about how success can be achieved and disaster averted.
Rating: Three-star (Recommended)
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