August 20, 2019

How the Mighty Fall by Jim Collins: The 5 Warning Stages

If you have not yet had the chancehowthemightyfall to pick up a copy of Jim Collins’ book: How The Mighty Fall, I highly recommend this book.  As always, Collins has researched companies that were once great and studied their decline.  There are 5 stages in the downward spiral, and leaders can learn a great deal by noticing the stages.  As Collins points out, it is much easier to turn a company around in the early stages of the decline.

For an excerpt from the book, visit this link on Business Week online..