Unlike a company going from Good to Great, Collins says there are no certain paths to failure like there are to success. However, there are indicators or markers that help you or your company identify which stage you may be in if you are indeed in the process of falling. The downside is, that you may not realize which stage you're in until you've already moved beyond that stage.
I also had a good discussion with someone about how this book is applicable to many stories in scripture.
The 5 Stages of Decline
- Hubris Born of Success
- Undisciplined Pursuit of More
- Denial of Risk and Peril
- Grasping for Salvation
- Capitulation to Irrelevance or Death
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