I really liked this book. The author Jim Collins and his team research findings uncovered 5 steps that many companies follow on their path of decline. Full of examples, the book does a great job disseminating their findings in an easy to understand way.
A fun note, if you listen to this audio book at 2x speed the author sounds a lot like a young William Shatner, which also helped to hold my attention.
From the authors web site:
“How the Mighty Fall presents the well-founded hope that leaders can learn how to stave off decline and, if they find themselves falling, reverse their course – in part by understanding the five step-wise stages of decline uncovered in the four year research project behind the book.”
I give this book an 8 out of 10 rating. It is an interesting exploration of how companies fail.