Decline is not a death sentence unless hope is abandoned. You can reverse course by:
After years of failed quick fixes, financial strength and individual spirit are exhausted. Leaders lose hope, and the company is sold, atrophies, or dies outright. Why Some Companies Never Give In How The Mighty Fall: And Why Some Companies Nev...
Overconfidence leads companies to overreach. They may pursue growth for the sake of scale, jump into markets where they cannot be "the best," or grow faster than their ability to fill key positions with the right people. Decline is not a death sentence unless hope is abandoned
Success breeds arrogance. Leaders begin to view success as an entitlement rather than something hard-won, losing sight of the core reasons for their initial achievements. They may stop learning and ignore the role of luck in their success. Why Some Companies Never Give In Overconfidence leads