pbDecline can be avoided.bbrbDecline can be detected.bbrbDecline can be reversed.b pAmidst the desolate landscape of fallen great companies, Jim Collins began to wonder How ido ithe 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 pIn iHow the Mighty Falli, Collins confronts these questions, offering leaders the well-founded hope that they can learn how to stave off decline and, if they find themselves falling, reverse their course. Collins' research project-more than four years in duration-uncovered five step-wise stages of decline pStage 1 Hubris Born of SuccessbrStage 2 Undisciplined Pursuit of MorebrStage 3 Denial of Risk and PerilbrStage 4 Grasping for SalvationbrStage 5 Capitulation to Irrelevance or Death pBy understanding these stages of decline, leaders can substantially reduce their chances of falling all the way to the bottom. pbGreat companies can s