The Best Books for Business Owners of 2009

How the Mighty Fall And Why Some Companies Never Give In by Jim Collins.
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How the Mighty Fall by Jim Collins.

Delivered with Collins’ trademark passion and clarity, How the Mighty Fall is a critical reminder to business leaders that decisions aimed at spectacular growth may sow the seeds of an organization’s destruction. The author deconstructs the overarching leadership flaws (hubris, denial of risk, etc.) that doom companies—including some lessons learned the hard way by companies he had previously exalted in Good to Great. Read this book along with last year’s excellent Billion-Dollar Lessons by Paul B. Carroll and Chunka Mui and you will be an ace at diagnosing the warning signs of corporate decline. Recommended by Leigh Buchanan, Bo Burlingham, and Tony Hsieh.