How The Mighty Fall

Nice quick read on how great companies die. My quick take aways were:

It's a five stage process which a company goes through when it starts falling. At any stage, they can reverse their fate.
Interesting failure signs:
- Trying to find Big-Bang, silver bullet solutions to problems rather than incrementally fixing the core through data
- Junior staff shielding senior from bad news
- “Explaining Away” bad news or bad data