Book Titles

How the Mighty Fall
And Why Some Companies Never Give In

By Jim Collins

Year Published: 2009
ISBN-13: 978-0977326419
Categories: Enterprises, Failure, Greatness

59 Quotes Found

Quote Image Quote Page Number

How the Mighty Fall:

We learn more by examining why a great company fell into mediocrity (or worse) and comparing it to a company that sustained its success than we do by merely studying successful enterprise.

024

How the Mighty Fall:

Better to learn from how others fell than to repeat their mistakes out of ignorance.

025

How the Mighty Fall:

…research indicates that organizational decline is largely self-inflicted, and recovery largely within our own control.

025

How the Mighty Fall:

The evidence simply does not support the notion that all companies must inevitably succumb to demise and disintegration, at least not within a 100-year time frame.

025

How the Mighty Fall:

Just because you may have made mistakes and fallen into the stages of decline does not seal your fate.

025

How the Mighty Fall:

…it’s far better to create your own future, repeatedly, than to wait for external forces to dictate your choices.

028

How the Mighty Fall:

When an organization grows beyond its ability to fill its key seats with the right people, it has set itself up for a fall.

028

How the Mighty Fall:

A core business that meets a fundamental human need – and one at which you’ve become the best in the world – rarely becomes obsolete.

032

How the Mighty Fall:

…great companies foster a productive tension between continuity and change.

036

How the Mighty Fall:

When institutions fail to distinguish between current practices and the enduring principles of their success, and mistakenly fossilize around their practices, they’ve set themselves up for decline.

036