The assignment deals with Book MGMT4020 ASSIGNMENT -HOW THE MIGHTY FALL. The author references the “silver bullet,” or lack thereof, throughout the book; to what is he referring? Explain
Book MGMT4020 ASSIGNMENT -HOW THE MIGHTY FALL
MGMT4020 ASSIGNMENT GUIDELINES – HOW THE MIGHTY FALL Assignment: How the Mighty Fall Objective: To determine a level of comprehension of the material provided in How the Mighty Fall Instructions: Read How the Might Fall, and respond to the questions below. Responses will be graded on clarity and completeness of information. Length Guidelines: Each section should be approximately ½-1 page, approximately 3 ½ – 5 pages. 1. (10 pts) The author references the “silver bullet,” or lack thereof, throughout the book; to what is he referring?
Explain.Jim Collins’ latest volume of management thinking, How the Mighty Fall … and Why Some Companies Never Give In, begins with Collins recalling the advice of his mentor, Stanford professor Bill Lazier: “Don’t try to come up with the right answers; focus on coming up with good questions.” And certainly that describes Collins’ achievement here. The question of why leading companies, seemingly in possession of every competitive advantage, so often manage to blow it is surely a good one.
Book MGMT4020 ASSIGNMENT -HOW THE MIGHTY FALL
2. Reference some of the companies highlighted in the book as examples to help relay your understanding of each of the following stages of decline: a. Hubris born of success (15 pts) b. Undisciplined pursuit of more (15 pts) c. Denial of risk and peril (15 pts) d. Grasping for salvation (15 pts) e. Capitulation to irrelevance or death (15 pts) 3. (15 pts) How can strategy be renewed from “well-founded hope?”
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