Monday, November 15, 2010

JIM COLLINS: HOW THE MIGHTY FALL

5 Stage for How the Mighty Fall:

1. “Success leads to ‘arrogance’ – causes failure”
..... a. Great leaders have humility
..... b. It is not about you!!! Focus on the team.

2. “Undisciplined pursuit of more”
..... a. Get the right people in the right seats of the bus
..... b. Life is People

3. “Deny of risk and peril”
..... a. Denial of what is right in front of you!
..... b. Confront brutal facts

4. “Response to Falling”
..... a. Be aware of false hope
..... b. Overnight success takes 20 years!

5. “Irrelevance – Death”
..... a. Never come back- Its Over