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How the mighty fall: And why some companies never give in by Jim Collins [hardcover]

How the mighty fall: And why some companies never give in by Jim Collins [hardcover]

Rs. 299.00
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Book Summary
In How the Mighty Fall (2009), Jim Collins examines why once-great companies fail and how decline can be recognized and reversed. Based on extensive research and case studies, Collins identifies a five-stage pattern of decline: (1) Hubris Born of Success, (2) Undisciplined Pursuit of More, (3) Denial of Risk and Peril, (4) Grasping for Salvation, and (5) Capitulation to Irrelevance or Death. He argues that companies typically fall not from external forces but from internal complacency, poor leadership choices, and overreaching ambition. Importantly, Collins offers hope: decline is often reversible if leaders confront reality, return to core principles, and act with discipline. With examples from companies like Circuit City and Hewlett-Packard, the book is a sober yet optimistic guide for leaders aiming to prevent or recover from organizational failure.

About the Author
Jim Collins is an American researcher, author, and business consultant known for his work on company performance and sustainable success. A former faculty member at the Stanford Graduate School of Business, Collins is the bestselling author of influential books like Good to Great, Built to Last, and Great by Choice. His research focuses on what differentiates enduringly successful companies from their competitors, blending data analysis with compelling storytelling. Collins has worked with leaders in business, government, and the social sector, and his frameworks are widely used in strategic planning and leadership development. He operates a management lab in Boulder, Colorado, where he continues his research and writing.

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