I’ve read some good reviews on this book, and have just ordered it.
“How the Mighty Fall,” by none other than Jim Collins. Amazon, How the Mighty Fall – Collins
It’s sounds pretty compelling, especially after living through such a scenario a decade ago, and seeing other companies today who carry that same “we’re successful, what have we got to learn?” attitude. In fact, it seems that the first phase of a mighty fall is: “Hubris Born of Success.”
Without naming names, do you know any similar companies currently? What are the symptoms? What, in your view, are the potential short-term and mid-term outcomes?