Jim Collins: How the Mighty Fall
Monday, September 7, 2009
Jim Collins, author of Good to Great and Built to Last, has a new book, How the Might Fall, in which he details research into what he identifies as the five stages of failure:
Stage 1: Hubris Born of Success
Stage 2: Undisciplined Pursuit of More
Stage 3: Denial of Risk and Peril
Stage 4: Grasping for Salvation
Stage 5: Capitulation to Irrelevance or Death
Useful reviews of the text are available here.
