Jim Collins Interview on the Charlie Rose Show

From time to time I will make posts about things that touch on what our course is about and are interesting in their own right but that we won't discuss in class. If we as a group go off on tangents we might have fun doing so, but I fear there will be less coherence afterwards. But as individuals, by all means do that if you are interested. The payoff can be huge, though likely it will not be immediate.

In this particular interview Collins talks about why great institutions decline. He believes there is a consistent pattern to the decline and describes a 5 stage process, with hubris at the first stage and over reaching somewhere after that. The interesting thing for us is that if you reverse his stages you get an awful lot of what Drucker and Senge argue for and a pretty good model of Effective change.