Tag Archives: organizational change

Fall of Great Companies - Jim Collins

Jim Collins explains in five stages how top performing firms fall. This is a well known and quite obvious process, almost an archetype from Greek epics, but it is very easy to forget this process on the field. I think it is a good framework to serve as a guidepost when considering whether to act on signs of problems with a business or keep ignoring them.

Stages:
1. hubris of success
2. undisciplined pursuit for more
3. denial of risk and peril: gathering wind, coming storm
4. grasping for salvation: a process of denial takes hold and the fall happens
5. capitulation: most fall but not all, and you might even be able to come back

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June 19, 2013 · 9:23 am

Secret of the Swiss Watchmakers: why the Swiss watch industry resisted change?

Michael Tushman another Harvard faculty and part of the MIT innovation discourse talks to MBAs about the motives of the Swiss watch industry at the time of disruptive innovation. I thought it just ties in well with the last post. He gives a short explanation of why the swiss watchmaker industry resisted change when new disruptive technology arrived with lower prices and better performance.

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June 17, 2013 · 12:56 pm