Assignment task:
Read: Collins, How the Mighty Fall, 2009. ISBN 9780977326419
The author references the "silver bullet," or lack thereof, throughout the book; to what is he referring? Explain.
Reference some of the companies highlighted in the book as examples to help relay your understanding of each of the following stages of decline:
- Hubris born of success
- Undisciplined pursuit of more
- Denial of risk and peril
- Grasping for salvation
- Capitulation to irrelevance or death
Question: How can strategy are renewed from "well-founded hope?"