CAN WE FAIL? IF SO, HOW? & WHAT CAN WE DO ABOUT IT?

While browsing the Amazon online catalog this morning, I have stumbled upon Jim Collin's new book, 'How The Mighty Fail: And Why Some Companies Never Give In'.

I haven't yet acquired the book to read, but I am certainly intrigued by several questions posed by the author:

- How do the mighty fall?

- Can decline be detected early and avoided?

- How far can a company fall before the path toward doom becomes inevitable and unshakable?

- How can companies reverse course?

From the product description, I have came to this passage:

"Decline can be avoided. Decline can be detected. Decline can be reversed. . . Decline, it turns out, is largely self-inflicted, and the path to recovery lies largely within our own hands. We are not imprisoned by our circumstances, our history, or even our staggering defeats along the way. As long as we never get entirely knocked out of the game, hope always remains. The mighty can fall, but they can often rise again."

"Decline. . . is largely self-inflicted. . ."

I like that, as it implies choice. It is analoguous to 'Misery is also an Option'.

Nonetheless, it is obvious that the same situation also applies in the personal perspective.

I reckon it would be interesting to read the book in terms of finding out how we can enhance our anticipatory prowess, & develop some sort of a personal early warning system to failure.

Looks like this would be something interesting too for award-winning innovator Jack Matson to think about, & to add another perspective on to his own Intelligent Fast Failure philosophy. Jack, are you reading this?

The book is now in my shopping cart with Amazon.

Upon reading it, I will then share with readers the author's exposition of the five step-wise stages of decline, & how we can substantially reduce our chances of failing all the way to the bottom. Please stay tuned!