How the Mighty Fall
Written by Jim Collins
Narrated by Jim Collins
4.5/5
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About this audiobook
""Whether you prevail or fail, endure or die, depends more on what you do to yourself than on what the world does to you.""—Jim Collins
Decline can be avoided. Decline can be detected. Decline can be reversed.
Amid the desolate landscape of fallen great companies, Jim Collins began to wonder: How do 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?
In How the Mighty Fall, 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.
By understanding the stages of decline, leaders can substantially reduce their chances of falling all the way to the bottom. As Collins' research emphasizes, some companies do indeed recover—in some cases, coming back even stronger. As long as you never get entirely knocked out of the game, hope always remains. The mighty can fall, but they can often rise again.
Jim Collins
Jim 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 Good to Great, Built to Last, How the Mighty Fall, and Great by Choice. Driven 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. In 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. In 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. Jim 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. Learn more about Jim and his concepts at his website, where you’ll find articles, videos, and useful tools. jimcollins.com
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Reviews for How the Mighty Fall
174 ratings11 reviews
- Rating: 5 out of 5 stars5/5Jim Collins presents another great book.
- Rating: 5 out of 5 stars5/5Amazing book. A must read for all transformational minded executives!
- Rating: 5 out of 5 stars5/5This is an on-point and quick read with enlightening ideas on how the too-great-to-fail businesses can crumple just because their leadership refused to acknowledge the signs of their demise. Going through the five stages of failure, this is an excellent learning tools for anyone who either seeks to start a business or is eager to know how not to fail in personal life. Failure can be a pathway to success and so it is really helpful to learn from the failure stories of big heads and their bouncing back to glory. This book presents that really well.
- Rating: 5 out of 5 stars5/5Jim Collins is great narrator; he made the topic come to life, like a great drama! I thoroughly enjoyed this book.
- Rating: 5 out of 5 stars5/5As always Jim Collins offering a detailed and rich conclusions on business how to be great, and now how to avoid the fall
- Rating: 4 out of 5 stars4/5It's the second part of the title that makes this book particularily interesting, because in many ways - at least in retrospect - it is evident why companies and organizations lose contact with reality: complacency, panic, hubris. Jim Collins attacks the problem very scientifically, and the examples are persuasive. This should be required reading for leaders og organizations in any markedleader position. How do you stave off decline, how do you recognize threats, what are the tell tale signs of negative change. How do you avoid coming in that position in the first place. Collins does not answer all questions, but he reinforces my belief that when you are number, act and lead as uf you are number three..
- Rating: 4 out of 5 stars4/5Interesting and well written. Defines 5 stages of company decline and the culture that exists in each.
- Rating: 4 out of 5 stars4/5Ripped through this over the holiday weekend. Not nearly as good as Mr. Collins classic (Good to Great), it was still interesting and educational to read.
- Rating: 4 out of 5 stars4/5While not as compelling as "Good to Great," it is still an interesting (and quick) read. Especially useful are several of the appendices in the back.
- Rating: 4 out of 5 stars4/5This is an excellent book for all CXOs and Corporate Executives to be forewarned about the symptoms and advance warning signs of potential failure. Having experienced slow decline from close quarters, I must admit the stages of decline described by Jim is astonishingly true without any doubt. The recent collapse of many companies has provided enough data points for Jim to fine-tune the analysis. It’s heartening to note case studied of companies which have come out second last stage of death and become great again. The advance warnings are like the AWACS and help executives strategize and plan for corrective steps, before it’s too late. There is a big message for the CEO – not to kill the whistleblower, and continue to challenge subordinates more so if all presentations provide a very rosy picture. I would not only recommend this book, but urge readers to apply the logic on the information and signs captured in the corporate life and find out for yourself at what stage of decline if any is your division, your business unit or the company itself.
- Rating: 5 out of 5 stars5/5Collins has gone from good to great with this book. While the "scientific method" used to select the companies analyzed seems more out of convenience , the principles and disciplines necessary to prevent a downfall are practical and inspiring.