Quicklet On Jim Collins How The Mighty Fall Cliffsnotes Like Book Summary

Quicklets: Your Reading Sidekick! ABOUT THE BOOK When an individual or group entity reaches the pinnacle of success, the inevitable concern is where do we go from here? This zenith of success could be in the financial realm, or in the realm of public perception. Yet, when answering the concern where do we go from here the answer is almost always down, down, down. Jim Collins How the Mighty Fall is a valiant attempt to codify an intellectual grasp on recognizing, then mitigating the warning signs. In more advanced cases, this means addressing the later stages of decline toward salvaging social standing and profitability. Though the books subtitle, And Why Some Companies Never Give In, indicates an emphasis or relevance for companies in the private sector. The authors concepts are geared toward business entities, and governments at all levels. These institutions can draw useful, relevant insights toward maximizing their own effectiveness and efficiency. The first chapter clearly sheds important light on thisafter all, a symposium at West Point provided the inspiration for what would become the How the Mighty Fall project. This resulted in a published work that would eventually be distributed by the well-recognized publisher HarperCollins. MEET THE AUTHOR Joe Taglieri is a professional journalist and musician (drum set and Latin percussion instruments) in Los Angeles. He has written on a range of subjects for a variety of publications since the 1990s. Taglieri's forte is writing about governmental and economic issues, and he has a keen interest in sports and the arts, most notably music, television and film. He holds a degree in print journalism from the University of Southern California and has studied, taught and performed via the drum set for nearly 25 years and has done the same with Latin percussion instruments such as conga and bongo drums, cajon and timbales for more than 15 years. EXCERPT FROM THE BOOK This litany of symptoms of a sick mega-firm is a vehicle for Collins adage: Clearly, the solution to decline lies not in the simple bromide Change or Die; Bank of America changed a lot, and nearly killed itself in the process. We need a nuanced understanding of how decline happens... (How the Mighty Fall) Through the rest of the book, Collins specifically identifies and analyzes five stages of decline that organizations go through before total collapse such as bankruptcy. As has been the case in recent years, many seemingly indestructible corporationsAIG, Fannie Mae and Freddy Mac, General Motors, Circuit City, just to name a fewhave collapsed and caused major havoc in the markets and among an assortment of societal segments. The five stages of decline, according to How the Mighty Fall, are... Buy a copy to keep reading! CHAPTER OUTLINE Quicklet on Jim Collins’ How the Mighty Fall + Introduction + About the Author + Overall Summary + Important People + ...and much more

The must-read summary of Jim Collins' book: "How the Mighty Fall: and Why Some Companies Never Give In" This complete summary of the ideas from "How The Mighty Fall" shows that no successful business is immune from failure, regardless of previous performance. Providing you with a clear overview of the five stages of failure, as well as with a checklist for each stage, this useful summary gives you the tools needed to identify the warning signs of failure in your own company and enables you to act in time to save it. Added-value of this summary: • Save time • Understand key concepts • Increase your business knowledge To learn more, read "How the Mighty Fall" and prevent failure in your business.

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The Motorola example shows how a company can fall from greatness due to Stage 1, Hubris Born of Success. Motorola had grown from $5 billion to $27 billion in annual revenues in just a decade, but its executives felt great pride in their soon-to-be-released StarTAC cell phone. However, the StarTAC used analog technology just as wireless carriers began to demand digital. #2 The concept of hubris is defined as excessive pride that brings down a hero, or alternatively, outrageous arrogance that inflicts suffering upon the innocent. We will encounter multiple forms of hubris in our journey through the stages of decline. #3 The climb from good to great is a process that requires sustained, cumulative effort. To remain successful in any given area of activity, you must keep pushing with as much intensity as when you first began building that flywheel. #4 If you’re struggling with the tension between continuing your commitment to what made you successful and living in fear about what comes next, ask yourself two questions: Does your primary flywheel face inevitable demise within the next five to ten years due to forces outside your control. Have you lost passion for it.

ABOUT THE BOOK The Hunger Games, Catching Fire, and Mockingjay, the three books that comprise The Hunger Games Trilogy, have more than 26 million copies in print, topping bestseller lists, and have captured the nation’s attention. Catching Fire, the eagerly awaited sequel to Suzanne Collins’ 2008, The Hunger Games, was published September 1, 2009, with an initial printing of 350,000 books. There are now more than 750,000 copies of Catching Fire in print. With the release of the movie version of The Hunger Games, and the forthcoming movie adaptation of both Catching Fire and Mockingjay, the cultural relevance of these books is poised to skyrocket. What many people do not know about The Hunger Games books is that the series comes from a long line of ancestors. While other dystopias like 1984 andFarenheit 451 may immediately spring to mind, there are other, older works which served as an inspiration for the series. Suzanne Collins cites the Greek myth, Theseus and the Minotaur, and the story of Spartacus as influencing her stories. The actual idea for the Hunger Games trilogy came to Collins as she flipped channels between reality TV and actual coverage of the war in Afghanistan. That tension, the line between what is seen on screen and what is real, is clear throughout the series. The Hunger Games books are the third children’s, and second YA (young adult) book series in recent years to capture a large child, teen, and adult audience (with the Harry Potter series and the Twilight quartet preceding). To understand the wide appeal of the Hunger Games books, we can look the issues the books grapple with. Ignoring the conventions of what topics are appropriate in children’s literature, Collins’ trilogy examines taboo subjects like the ethics of war, PTSD (Posttraumatic Stress Disorder), extreme poverty, starvation, and systematic oppression. Collins’ does not flinch from exploring these issues with her audience and that openness that has brought the books an impressively diverse readership. EXCERPT FROM THE BOOK Chapters 19–27 Being an experienced swimmer, Katniss is one of the first to reach the Cornucopia. There she nearly attacks Finnick but sees him wearing Finnick’s bracelet—a clear indication that she is to ally with him. Finnick retrieves Peeta (who cannot swim) and together with Mags they enter the jungle. It doesn’t take Katniss long to identify the force field at the edge of the arena and recognize that the arena is round. When a deadly fog begins to cause them to affect their nerves, Peeta is unable to walk. Finnick carries him and Katniss carries Mags, but when Katniss and Finnick grow too numbed by the fog to carry both Peeta and Mags, Mags walks into the fog, effectively killing herself. Eventually the fog recedes and Katniss discovers saltwater leeches the poison left by the fog. Later, when they are all recovered, Peeta is attacked by savage monkeys and one of the District 6 morphlings saves him, dying in his place. Johanna Mason along with Beetee and Wiress join the alliance. Wiress, who appears mentally unstable, continues to repeat “Tick Tock”. Her words appear to have no meaning until they lead to Katniss’ realization that the arena is a clock with each “hour” section holding a new horror. The next day they go back to the Cornucopia where they are attacked by the Careers. Wiress is killed and Finnick takes a knife in order to deflect a spear aimed at Peeta. At this point, Katniss realizes the other tributes are sacrificing themselves to ensure Peeta’s safety and assumes it is an extension of Haymitch’s promise to her... ...buy the book to keep reading!