How the Mighty Fall [Audio CD]

"Whetheryouprevailorfail,endureordie,dependsmoreonwhatyoudotoyourselfthanonwhattheworlddoestoyou."--JimCollinsDeclinecanbeavoided.Declinecanbedetected.Declinecanbereversed.Amidthedesolatelandscapeoffallengreatcompanies,JimCollinsbegantowonder:Howdothemightyfall?Candeclinebedetectedearlyandavoided?Howfarcanacompanyfallbeforethepathtowarddoombecomesinevitableandunshakable?Howcancompaniesreversecourse?In"HowtheMightyFall,"Collinsconfrontsthesequestions,offeringleadersthewell-foundedhopethattheycanlearnhowtostaveoffdeclineand,iftheyfindthemselvesfalling,reversetheircourse.Byunderstandingthestagesofdecline,leaderscansubstantiallyreducetheirchancesoffallingallthewaytothebottom.AsCollins'researchemphasizes,somecompaniesdoindeedrecover--insomecases,comingbackevenstronger.Aslongasyounevergetentirelyknockedoutofthegame,hopealwaysremains.Themightycanfall,buttheycanoftenriseagain.