How can strategy are renewed from well-founded hope, Other Management

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How can strategy are renewed from well-founded hope

Assignment task:

Read: Collins, How the Mighty Fall, 2009. ISBN 9780977326419

The author references the "silver bullet," or lack thereof, throughout the book; to what is he referring? Explain.

Reference some of the companies highlighted in the book as examples to help relay your understanding of each of the following stages of decline:

Hubris born of success
Undisciplined pursuit of more
Denial of risk and peril
Grasping for salvation
Capitulation to irrelevance or death

Question: How can strategy are renewed from "well-founded hope?"

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