How the Mighty Fall

And Why Some Companies Never Give In

by Jim Collins

Number of pages: 240

Publisher: Jim Collins

BBB Library: Corporate Success

ISBN: 9780977326419



About the Author

Jim Collins authored or co-authored books, including “Built to Last” and “Good to Great”. In 1996, he returned to his hometown of Boulder, Colorado, to found his management laboratory, where he conducts research with leaders in the corporate and social sectors.

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Editorial Review

This book is not about gloating over the demise of once-mighty enterprises that fell, but about seeing what we can learn and apply to our own situation. By understanding the five stages of decline, leaders can substantially reduce the chances of falling all the way to the bottom, tumbling from iconic to irrelevant. Decline can be avoided. The seeds of decline can be detected early. The mighty can fall, but they can often rise again.

Book Reviews

Jim Collins’ latest volume of management thinking, How the Mighty Fall … and Why Some Companies Never Give In, begins with Collins recalling the advice of his mentor, Stanford professor Bill Lazier: 'Don’t try to come up with the right answers; focus on coming up with good questions.'"Harvard Business Review

"Best-selling author and corporate researcher Jim Collins spent five years studying the decline of great businesses for his fourth book, How the Mighty Fall: And Why Some Companies Never Give In. " Content Time

"The idea for the book was born during a discussion at West Point. Collins was invited to lead a group exploration of 'Is America renewing its greatness, or is America dangerously on the cusp of falling from great to good?'" Perdido Magazine

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Wisdom to Share

The path out of darkness begins with those exasperatingly persistent individuals who are constitutionally incapable of capitulation.

Whether you prevail or fail, endure or die, depends more on what you do to yourself than on what the world does to you.

Failure is not so much a physical state as a state of mind: success is falling down, and getting up one more time, without end.

Be willing to change tactics, but never give up your core purpose.

Better to learn from how others fell than to repeat their mistakes out of ignorance.

Furthermore, one of the keys to sustained performance lies in understanding how greatness can be lost.

We do ourselves a disservice by studying only success.

The point of struggle is not just to survive, but to build an enterprise that makes such a distinctive impact on the world it touches.

Hope alone is not enough; you need enough resources to continue the fight.

When you abandon hope, you should begin preparing for the end.

Success creates pressure for more growth, setting up a vicious cycle of expectations.

When an organization grows beyond its ability to fill its key seats with the right people, it has set itself up for a fall.

There are more ways to fall than to become great.

An institution can look strong on the outside but already be sick on the inside, dangerously on the cusp of a precipitous fall.

I have come to see institutional decline like a staged disease: harder to detect but easier to cure in the early stages.

Anyone can fall and most eventually do.

Every institution is vulnerable, no matter how great.

When you are at the top of the world, your very power and success might cover up the fact that you are already on the path to decline.

History shows, repeatedly, that the mighty can fall.

Books by the same Author

The idea that the path from good to great in the social sectors is to become “more like a business” is dead wrong. Great companies make a prosperous society, but not a great society for economic growth and power are the means, not the end, of a great nation. Few businesses
Good to Great and the Social Sectors

The idea that the path from good to great in the social sectors is to become “more like a business” is dead wrong. Great companies make a prosperous society, but not a great society for economic growth and power are the means, not the end, of a great nation. Few businesses

The new question: Ten years after the worldwide bestseller  Good to Great,  Jim Collins returns to ask: Why do some companies thrive in uncertainty, even chaos, and others do not? In  Great by Choice,  Collins and his colleague, Morten T. Hansen, enumerate the principles for building a truly great enterprise in
Great by Choice

The new question: Ten years after the worldwide bestseller Good to Great, Jim Collins returns to ask: Why do some companies thrive in uncertainty, even chaos, and others do not? In Great by Choice, Collins and his colleague, Morten T. Hansen, enumerate the principles for building a truly great enterprise in