Companies don't collapse overnight. They deteriorate through five predictable phases Jim Collins uncovered after years of research. Collins proves that hiring outsider CEOs rarely works, restructuring typically fails 80% of the time, and betting everything on one big move accelerates decline. The antidote is counterintuitive: stick to your flywheel, fire bullets before cannonballs, and build cash reserves up to 10x your competitors. This episode breaks down Collins' five-phase framework and the exact management principles that reverse decline before it's too late.
I'm Mark Donnigan, and after generating over $500M scaling tech startups, I've seen these patterns destroy promising companies. Subscribe to the Marketing Execution Podcast for frameworks that prevent decline and accelerate sustainable growth.
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