I love learn learning new things. One of the books I am currently reading is "How the Might Fall" by Jim Collins. He has written two other books but this one is interesting.
Jim writes about things that lead companies which are outstanding to fail. He states that a company will go through five stages before imploding namely:
Jim writes about things that lead companies which are outstanding to fail. He states that a company will go through five stages before imploding namely:
- Hubris of success
- Undisciplined pursuit of more
- Denial of risk and peril
- Grasping for salvation
- Capitulation to irrelevance or death
