The Topline Summary of Jim Collins' How the Mighty Fall - Why Some Companies NEVER Give In (Topline Summaries)
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The Topline Summary of Jim Collins' How the Mighty Fall - Why Some Companies NEVER Give In (Topline Summaries) by James C. Collins..The Topline Summary in a Sentence is: By understanding the stages of decline, leaders can substantially reduce the chances of their company failing. “What’s good, if brief, is twice as good.” – Baltasar Gracian
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How do you spot a declining company? Of course it’s easy to from sales and profit figures. But how do spot the tell-tale signs early enough so that decline can be avoided, detected and even reversed?
Every institution, no matter how great, is vulnerable to decline. There is no law of nature that the most powerful will inevitably remain at the top. Anyone can fall and most eventually do. Amidst the current landscape of fallen once-great companies, this summary of Jim Collins’ classic confront these questions and will help you to understand: how exactly do the ‘mighty’ fall?
This summary will cover strategies to spot and reverse this often self-inflicted decline and will demonstrate that the path to recovery lies largely within our own hands.
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