Book Review: How the Mighty Fall (A Sequel to “Good to Great”)
May 15th, 2009 by David Utts
Jim Collins does it again! Picking up where Good to Great and Built to Last left off, bestselling author Jim Collins introduces a framework for diagnosing and correcting companies on the decline in his latest installment, How the Mighty Fall: And Why Some Companies Never Give In. A playbook for overcoming critical management challenges, Collins’ new release is a sure-to-be bestseller that provides a timely resource for business leaders and their companies. This book will be released – Monday May 19, 2009.
How the Mighty Fall shows that every institution, no matter how great, is vulnerable to decline, but recovery is possible. In some cases, companies emerge stronger — even after having crashed into the depths of a near-catastrophic fall. Collins presents a framework that will help business leaders and companies identify the “silent creep of impending doom” and swiftly set a correction course. Rigorous in its analysis, surprising in its findings, How the Mighty Fall is an in-depth look at the decline of some of our nation’s greatest companies and a useful tool for companies and individuals seeking to avoid such a fate. Themes from How the Mighty Fall:
- Whether you prevail or fail, endure or die, depends more on what you do to yourself than on what the world does to you.
- An institution can look strong on the outside but already be sick on the inside, dangerously on the cusp of a precipitous fall.
- The signature of the truly great versus the merely successful is not the absence of difficulty, but the ability to come back from setbacks, even cataclysmic catastrophes, stronger than before…As long as you never get entirely knocked out of the game, hope always remains.
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Tags: Good to Great, How the Mighty Fall, Jim Collins, Sequel
