{"product_id":"how-the-mighty-fall-and-why-some-companies-never-give-in-9780977326419","title":"How the Mighty Fall: And Why Some Companies Never Give in","description":"\u003cp\u003eDecline can be avoided. \u003c\/p\u003e\u003cp\u003eDecline can be detected. \u003c\/p\u003e\u003cp\u003eDecline can be reversed. \u003c\/p\u003e\u003cp\u003eAmidst the desolate landscape of fallen great companies, Jim Collins began to wonder: How \u003cem\u003edo\u003c\/em\u003e 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? \u003c\/p\u003e\u003cp\u003eIn \u003cem\u003eHow the Mighty Fall\u003c\/em\u003e, 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: \u003c\/p\u003e\u003cp\u003eStage 1: Hubris Born of Success \u003c\/p\u003e\u003cp\u003eStage 2: Undisciplined Pursuit of More \u003c\/p\u003e\u003cp\u003eStage 3: Denial of Risk and Peril \u003c\/p\u003e\u003cp\u003eStage 4: Grasping for Salvation \u003c\/p\u003e\u003cp\u003eStage 5: Capitulation to Irrelevance or Death \u003c\/p\u003e\u003cp\u003eBy understanding these stages of decline, leaders can substantially reduce their chances of falling all the way to the bottom. \u003c\/p\u003e\u003cp\u003eGreat companies can stumble, badly, and recover. \u003c\/p\u003e\u003cp\u003eEvery 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--\u003cem\u003eeven after having crashed into the depths of Stage 4\u003c\/em\u003e. \u003c\/p\u003e\u003cp\u003eDecline, 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. \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003e\u003ci\u003eCollins, Jim:\u003c\/i\u003e\u003c\/b\u003e - \u003cp\u003eJim Collins is a student and teacher of what makes great companies tick, and a Socratic advisor to leaders in the business and social sectors. Having invested more than a quarter-century in rigorous research, he has authored or coauthored six books that have sold in total more than 10 million copies worldwide. They include \u003cem\u003eGood to Great\u003c\/em\u003e, \u003cem\u003eBuilt to Last\u003c\/em\u003e, \u003cem\u003eHow the Mighty Fall\u003c\/em\u003e, and \u003cem\u003eGreat by Choice\u003c\/em\u003e.\u003c\/p\u003e\u003cp\u003eDriven by a relentless curiosity, Jim began his research and teaching career on the faculty at the Stanford Graduate School of Business, where he received the Distinguished Teaching Award in 1992. In 1995, he founded a management laboratory in Boulder, Colorado.\u003c\/p\u003e\u003cp\u003eIn addition to his work in the business sector, Jim has a passion for learning and teaching in the social sectors, including education, healthcare, government, faith-based organizations, social ventures, and cause-driven nonprofits.\u003c\/p\u003e\u003cp\u003eIn 2012 and 2013, he had the honor to serve a two-year appointment as the Class of 1951 Chair for the Study of Leadership at the United States Military Academy at West Point. In 2017, Forbes selected Jim as one of the 100 Greatest Living Business Minds.\u003c\/p\u003e\u003cp\u003eJim has been an avid rock climber for more than forty years and has completed single-day ascents of El Capitan and Half Dome in Yosemite Valley.\u003c\/p\u003e\u003cp\u003eLearn more about Jim and his concepts at his website, where you'll find articles, videos, and useful tools. jimcollins.com\u003c\/p\u003e","brand":"Jimcollins","offers":[{"title":"Default Title","offer_id":50586126778642,"sku":"9780977326419","price":18.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_3b9a149b-483b-4267-9337-c6667e66f16f.jpg?v=1732041755","url":"https:\/\/surprise-castle.myshopify.com\/products\/how-the-mighty-fall-and-why-some-companies-never-give-in-9780977326419","provider":"Surprise Castle","version":"1.0","type":"link"}